Last site on the market
THE final mixed-use development site in CBDRobina’s Riverwalk precinct is being taken to market by master developer the Robina Group.
The 8401 sqm parcel is positioned on Laver Drive, which connects to blue-chip business offerings, thriving residential precincts, Robina Town Centre, two hospitals and Robina train station.
The northeast facing lot, at 1 Waterfront Place, is in the sought-after Riverwalk mixeduse precinct, with absolute water frontage and direct access to the picturesque Riverwalk walkway, offering a direct pedestrian link to Robina Town Centre.
The mixed-use site is being sold with approval in place for uses including office, medical, commercial and residential.
It is being taken to market by Colliers International’s Darrell Irwin and Geoff Lamb under an offers-to-purchase campaign closing November 14.
Colliers International Special Projects director Darrell Irwin said the site represented a rare opportunity to secure the final holding in one of CBDRobina’s most active and highly connected zones.
“The gold standard for inner-city sites is a location that offers high walkability with proximity to in-demand facilities like schools, hospitals, shopping centres, restaurants and a significant residential population, and this site ticks all of those boxes,” he said.
“In addition to its neighbouring education and health amenities, it is just 200m from Robina Town Centre and 400m from Robina Train Station, so it’s within easy walking distance of public transport.
“The M1 Motorway can be reached within minutes and with three street frontages, including a 95m exposure to Laver Dr, the site is highly visible to thousands of vehicles passing daily.
“The site also offers a holding income from an existing busy carpark central to CBDRobina’s thriving office and education precinct, which is attractive for purchasers who may not wish to develop immediately.”
Robina Group general manager Hylton Slater said the site was being brought to market following more than $13 million in recent commercial sales in CBDRobina, including the purchase of a neighbouring office building at 69 Laver Drive, acquired by investment manager Peak Equities.
“The site falls under the Robina Central Planning Agreement (RCPA) meaning substantial town planning advantages,” he said. fund
“While there is an opportunity to subdivide the lot, we expect this site will appeal most to a buyer looking to take full advantage of the mixeduse development approval in this prime location.”