A prime retail asset in the heart of the Burleigh Heads lifestyle  precinct is hitting the market just weeks after the neighbouring 1 Connor Street set a new benchmark for  property sales in the area. 

Located at 3 Connor Street, the property offers a strong income stream and a significant redevelopment  opportunity into the future particularly considering the ongoing development occurring throughout  Burleigh Heads.  

The appointment comes off the back of a highly competitive and successful campaign carried out by  CBRE on 1 Connor Street, which generated significant interest as demand for the tightly held precinct  has reached new heights. 

CBRE Gold Coast's Managing Director, Mark Witheriff, stated, "3 Connor has been owned by Ted  Bartlett and his family for over 60 years, originally operating as a pharmacy since the mid-1950s. After  identifying its highest and best use as a F&B outlet in 2014, this property exemplifies the evolution of  Burleigh from a coastal village to a thriving retail and lifestyle hub." 

Nick Kennedy of CBRE added, "after achieving a strong result for the adjacent property, we anticipate  substantial interest from investors, developers, and potential future owner-occupiers who want to secure  a strategic foothold in this location." 

Burleigh Heads has emerged as one of the most sought-after residential suburbs in south-east  Queensland, witnessing the development of exclusive residential towers and accommodation offerings,  including the prestigious $450 million 5-star 'Mondrian' hotel. Furthermore, the forthcoming Gold Coast  light rail extension will significantly boost visitation to the area by over 25,000 people, further  enhancing the suburb's appeal. 

Mark Witheriff and Nick Kennedy of CBRE Gold Coast are managing the sale of the property via an  Expression of Interest campaign closing on Wednesday, 23rd October 2024.

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