Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 3

Description: RARE EAST-FACING WATERFRONT BLUE CHIP BROADBEACH WATERS KNOCK DOWN, REBUILD OR INVEST PRIME CANAL POSITION Waterfront opportunities like this are becoming almost impossible to secure in Broadbeach Waters. Positioned in a quiet cul-de-sac within one of the suburb's most tightly held canal pockets, 1 Sarasota Key presents a rare 584m² east-facing waterfront block with approximately 20.2 metres of canal frontage surrounded by luxury homes and multi-million-dollar rebuilds. This is the type of property buyers wait years for. Whether you are planning to build a luxury waterfront masterpiece, renovate, or secure a premium landholding, the value here is undeniable location, orientation, frontage, and lifestyle. With neighbouring properties commanding multi-million-dollar prices, the opportunity to secure a waterfront site in this position is becoming increasingly rare. BUILD YOUR DREAM WATERFRONT HOME The existing home is approximately 70 years old and offers the flexibility to either renovate or remove and build a modern canal-front residence designed to maximise the east-facing aspect, water views and boating lifestyle. Opportunities like this are exactly what builders, developers, and lifestyle buyers compete for a blank canvas in a blue-chip waterfront location. HOLDING INCOME WHILE YOU PLAN Currently configured into three self-contained living areas, the property offers potential rental income of approximately $1,800 per week, allowing investors or developers to generate income while planning future improvements or redevelopment. This makes it a rare waterfront site that can pay its way while you design your dream home. PROPERTY HIGHLIGHTS 584m² east-facing waterfront block Approx. 20.2m canal frontage Quiet cul-de-sac location Direct boating access to the Gold Coast waterways Existing home with three self-contained living spaces Potential rental return approx. $1,800 per week Ideal knock-down rebuild opportunity Surrounded by luxury waterfront homes WALK TO EVERYTHING BROADBEACH OFFERS Few waterfront homes offer this level of convenience. From Sarasota Key you are just minutes from the best of the Gold Coast lifestyle: Pacific Fair Shopping Centre Broadbeach beaches The Star Casino Restaurants, cafés and nightlife Light rail and transport links Enjoy the privacy of a waterfront cul-de-sac while still being walking distance to everything. WATERFRONT LAND IS DISAPPEARING Across Broadbeach Waters, older homes are rapidly being replaced by architecturally designed luxury residences, pushing land values higher every year. Properties with east-facing canal frontage, strong water width, and a quiet street position are some of the most sought-after blocks on the Gold Coast. Once these sites are gone, they are rarely seen again. OWNERS INSTRUCTIONS ARE CLEAR MUST BE SOLD Serious buyers are encouraged to act immediately. Opportunities like this generate strong competition, particularly from buyers looking to secure prime waterfront land in Broadbeach Waters. INSPECTIONS Private inspections available. Contact Altora Global today to secure your opportunity before another buyer does.