Positioned in the heart of the Main Beach retail and dining precinct, arguably the best corner site in Main Beach offers a premium investment opportunity with a current net income of approximately $177,888 per annum + GST, and the potential to increase to $204,088 per annum + GST when fully leased. The property also stands to benefit from significant rental upside at market reviews.
The site will be offered via auction on Saturday 6 September, just a few doors down from the property as part of the Ray White Main Beach Alfresco Auction Event.
“This is truly a trophy retail asset with one of the Gold Coast’s best and busiest cafe’s “Hot Shott” as the main tenant,” said Mr Willems. “It’s an expansive, high-exposure corner property with three-street access, located right in the heart of Tedder Avenue - a location synonymous with boutique retail, upmarket dining, and premium apartment living.”
Spanning 455 square metres of lettable area, the building is currently configured into seven tenancies, housing a carefully curated mix of established tenants in retail, food and beverage, and allied health. Each shop features a superior modern fit-out, enhancing the overall appeal and tenant retention, while one remaining vacancy offers immediate rental upside, with active interest already received from prospective occupants.
According to Mr Rameau, the property’s flexibility and strong fundamentals are exactly what the market is hungry for. “We’re seeing heightened investor demand for lifestyle-oriented retail assets in tightly held precincts like this. The fact that 17 Tedder Avenue is surrounded by affluent residential buildings, thriving cafés, and coastal amenities only strengthens its long-term value.”
Importantly, the site is free of restrictive overlays, enhancing its redevelopment potential. It benefits from excellent connectivity, with easy access to the Gold Coast Highway and the G:link light rail, ensuring continued strong foot traffic and visibility.
“This isn’t just a passive investment,” Mr Rameau said. “It’s a strategic acquisition in one of the Gold Coast’s most desirable commercial pockets, perfect for investors, developers, or even owner-occupiers looking to make their mark in Main Beach.”
The property is being offloaded by a private investor and is expected to garner attention from both local and interstate buyers, particularly given the scarcity of similar opportunities in the area.
