‘Landmark address’ going under the hammer

696 Pacific Pde, Currumbin is going under the hammer.
A ‘landmark address’ at Currumbin on the Gold Coast has hit the market for the first time in more than 40 years.
The beachfront property at 696 Pacific Pde has been in the same family since 1980 — they paid $113,000 for the 850sq m block.
The property fronts Currumbin Beach.
There is a holiday-let duplex on the site.
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The Melbourne-based vendors, siblings Bruce and Dianne, spent many vacations at the property when it wasn’t rented out as a holiday rental.
“When we bought it Currumbin was basically one of the back-end areas,” Bruce said.
“It certainly wasn’t front and centre of the Gold Coast.
“It was the little un-trendy area of town.”
Pacific Pde is one of Currumbin’s most tightly held streets.
The property hosts a duplex with a huge lawn opening to 16m of beach frontage.
“This truly is a once in a generation opportunity to secure one of the very best beachfront sites in Queensland,” the listing states.
“A never-to-be-built out absolute oceanfront allotment superbly located in the most tightly held enclave along the world class Currumbin coastline.”
“Whether you’re looking to construct your dream coastal residence, embark on a redevelopment project, or invest for the future, the possibilities with this blue-chip parcel are endless.”
What a view!
The family has made minor cosmetic changes to the duplex over the years although the structure remains original.
Bruce said his family had enjoyed what Currumbin offered from Anzac Day services at Elephant Rock to lunch at Currumbin Beach Vikings Surf Life Saving Club.
“You can feel the spray of the waves while you’re sitting there eating a pub meal, there’s something very good about it,” he said.
Bruce said it was bittersweet to sell after more than four decades of ownership.
“We are sad to see it sell but the time has come — mum is 80 now,” he said.
The property is in original condition but has been meticulously maintained.
John Parkes of Ray White Tugun is marketing the property and said it was a unique block.
“There’s only 10 absolute beachfront properties along Currumbin beach with direct access to the beach,” Mr Parkes said.
“A site of this calibre and size hasn’t come on the market for a long period of time.
“It is ripe for development and we have developers interested but we also have residential prestige owners looking at it purely to capture the block and the size to build their dream home.”
Enjoy your morning coffee here.
The property goes to auction on November 26.
The highest sale in Currumbin is $11.3 million in 2021 for a luxury house at 16 Darwalla Ave.
It was not on the market but sold after an approach to the owner.

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