42 Monaco St

‘Monaco 42’ at 42 Monaco Street, Surfers Paradise – A landmark 1,180sqm (approx.) waterfront development opportunity on one of the Gold Coast’s most tightly held canal precincts. 

One of the final infill opportunities set to benefit from both water and park frontage, the site is approved for a 16-level plus rooftop scheme of 39 residences as well as a 26-level plus rooftop project of 47 residences. 

This represents a rare opportunity to capitalise on strong market demand and deliver a premium project in a proven, high-demand Gold Coast location, where achieved revenues now average approximately $20,000/m² of internal saleable area. 

Key Highlights: 

• 1,180sqm (approx.) landholding on prestigious Monaco Street 

• Three-sided exposure with 41.1m to the Nerang River, 32.1m to Cascade Gardens Park, and 25m to Monaco Street (approx.) 

• Two Development Approvals for 39 residences (16 levels + rooftop) and 47 residences (26 levels + rooftop) 

• High Density Residential zoning with HX unlimited height and RD8 controls, enabling flexible outcomes 

• Revetment wall approval in place, reducing development risk 

• Buyer-driven yield potential with basement configuration influencing ultimate scheme outcome 

• 650m to Surfers Paradise beach and foreshore 

• 4-minute walk to Florida Gardens Light Rail Station 

• Excellent connectivity via Gold Coast Highway (300m) and the M1 Pacific Motorway 

• Moments to Surfers Paradise CBD, Broadbeach dining precinct, Pacific Fair, The Star and Gold Coast Convention Centre 

• Proximate to leading public and private schools, and Bond University 

For Sale by Tender closing Thursday 18th June 2026 at 4:00pm AEST.