1 Alma Street

Perfectly positioned on a tightly held 787m² north to water location this waterfront residence enjoys one of Broadbeach Waters' most desirable pockets. This home embraces water views, sparkling city skyline vistas to the east and a peaceful, private setting. Whether you're searching for a spacious family home, a renovation project, an exclusive knock down rebuild opportunity or a premium development site, this is an address that offers outstanding flexibility both now and into the future.

Designed to embrace its waterfront position, multiple living areas flow effortlessly to the outdoor entertaining terrace where the inground swimming pool, level lawn and sandy beach provide the perfect setting for family living and entertaining. Launch a kayak or paddleboard straight from your backyard or simply relax while enjoying the tranquil outlook across the water. Privately positioned upstairs, the parents' retreat offers a peaceful escape complete with its own ensuite, split system air conditioning, private north facing balcony and elevated views across the canal towards the Broadbeach skyline.

Offering generous proportions throughout, the home presents well while still providing exciting scope to renovate, modernise and add significant value. The opportunity to renovate, rebuild or redevelop (STCA) has never been greater, creating exceptional future potential for redevelopment (STCA), including the possibility of a bespoke new waterfront residence with a granny flat. Property Features

• 787m² north west to water waterfront allotment
• East facing skyline views towards Broadbeach
• Four generous bedrooms
• Three bathrooms, including two ensuites
• Private upstairs parents' retreat with ensuite, balcony and water views
• Three separate living areas
• Functional three-way main bathroom
• Open plan kitchen and dining
• Inground swimming pool
• Level grassy area overlooking the waterfront
• Sandy beach with direct canal access
• Split system air conditioning to the upstairs retreat
• Double garage with additional off street parking
• Excellent opportunity to renovate and add value
• Ideal knock down and rebuild site
• Outstanding redevelopment potential (STCA)
• Currently renting at $1200 per week ending 2nd November 2026 A waterfront opportunity of this calibre is exceptionally rare.

Enjoy the home as it is, renovate to your own style, build the luxury residence you've always envisioned, or explore the exciting redevelopment potential all in one of Broadbeach Waters' most tightly held locations. Auction Location: Onsite This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Added 03 August, 2026 Property ID: #L41470516 Show More