45 Cypress Avenue, Surfers Paradise QLD 4217

21 bedrooms | 20 bathrooms | riverfront redevelopment | 1,000 m² site | Budds Beach scarcity This property is competitively rare for its sheer scale and riverfront position in tightly held Budds Beach. Configured as a 21-bedroom block of units with substantial parking, it is presented as a redevelopment opportunity rather than a standard house. The 1,000 m² site is unusually large for Surfers Paradise, where most stock is apartments or smaller lots. This property best suits a developer or investor seeking a high-density riverfront site with existing income potential, rather than a typical owner-occupier. Its multi-level configuration and location near the water give it a scarcity that few listings in the suburb can match. The property’s value may be materially affected by its redevelopment framing, which means the land and planning envelope likely drive price more than the existing building condition. No verified details on interior finishes, building age, or exact floor count are available, so a buyer should weigh the cost of potential upgrades or demolition against the site’s premium riverfront position. Flood constraints, height limits, or overlay controls could also influence what can be built, and these should be confirmed before forming a view on price. The unusual bedroom count and multi-unit configuration may also narrow the buyer pool, which might affect how offers are negotiated.