123 & 125 Allambi Avenue, Broadbeach Waters, Qld 4218

Set along one of the Gold Coast’s most desirable waterways—just moments from Main River—this unique Spanish-inspired estate pairs striking architecture with rare dual-living potential and direct ocean access. Capturing sweeping skyline views and nestled on an expansive double block, it offers a lifestyle of charm, prestige, and future opportunity.

From the moment you arrive, the home radiates character. Latte-rendered walls, flowering vines, and Mediterranean-style gardens frame the timber entrance, while terracotta tiles and rustic accents hint at the elegant spaces within. Inside, natural light floods the open-plan layout designed for seamless indoor-outdoor flow, with city and canal views from multiple vantage points.

Tailored for entertaining, the designer kitchen features an island bench, gas cooktop, integrated dishwasher, and panoramic garden views. The adjoining lounge and dining area includes a statement indoor bar and extends to a spacious timber deck framed by tropical landscaping and a private beach with boat ramp.

This residence caters to a range of lifestyles—whether you’re seeking a family home with dual-living flexibility, a high-yield investment, or the ideal site for a new luxury build in a blue-chip location.

The rare double block unlocks a wealth of potential for future development and lifestyle upgrades. With the front residence at 123 Allambi Avenue offering its own street access, there's enormous opportunity to renovate and flip for profit—especially given recent comparable sales in the area that highlight strong buyer demand for updated homes in this coveted pocket. Whether you choose to modernise the existing dwelling, create a luxury guesthouse, or extend into a designer dual-living setup, the scope for value-adding is significant. Alternatively, take advantage of the expansive land to introduce prestige features like a tennis court, resort-style pool, or additional garaging. For families, developers, or investors alike, the possibilities are as rare and rewarding as the block itself.

Highlights Include:

Rare double block with wide water frontage and redevelopment potential

Peaceful canal setting just off Main River, with direct ocean access

Spectacular skyline views from multiple indoor and outdoor areas

Distinctive Mediterranean façade with lush established gardens

Grand entry with stone feature wall, terracotta tiles, and timber detailing

Expansive kitchen with gas cooking, island bench, and garden-view windows

Formal lounge/dining with indoor bar opening to decked alfresco area

Master suite with canal views, walk-in robe, and spa ensuite

Three additional oversized bedrooms with timber accents and shutters

Spanish-style bathrooms with Moroccan tiling and custom vanities

Separate home office with bespoke joinery and timber flooring

Private upper-level retreat with kitchenette, bathroom, and balcony

Sparkling pool set within secluded tropical surrounds

Pontoon, boat ramp, and private beach – ideal for boating enthusiasts

Vacuum system, 6,000L irrigation tank, and new premium wool carpets

Secure garage plus off-street parking for additional vehicles

Broadbeach Waters is renowned for its rare combination of serenity and proximity. Enjoy peaceful canal living just minutes from world-class dining, shopping at Pacific Fair, The Star Casino, and golden beaches. With elite schools, the G:link light rail, and parklands nearby, this location continues to attract strong long-term demand and capital growth.

Warm, welcoming, and full of soul, this residence is more than a home—it’s a lifestyle. A true jewel in a tightly held pocket of the Gold Coast.

Contact Marc Layzell on 0405 096 661 or Jett Lemming on 0479 137 518 to experience it firsthand.

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested parties should rely on their own enquiries.