3 Cypress Avenue, Surfers Paradise, QLD 4217

With a unique four-street frontage, retailers will enjoy unparalleled access to Surfers Paradise’s constant foot traffic. Surfers Paradise is the epicentre of tourism on the Gold Coast, welcoming hundreds of thousands of tourists each year — almost half of whom travel from overseas. In combination with the nearly 4,000 residents set to call Cypress Palms home, retailers will have an outstanding opportunity to connect with thousands of potential customers from a diverse and affluent base.

Complemented by an on-site supermarket, specialty retail, and a selection of community spaces, Cypress Palms is set to become a highly sought-after destination for shopping, living, and recreation on the Gold Coast.

Positioned directly on your doorstep is the Cypress Avenue G-Link Light Rail and Bus Station, providing convenient services every 7–15 minutes.

The main trade area includes Surfers Paradise, Paradise Waters, Chevron Island, and Isle of Capri. The total trade area population is forecast to grow from approximately 27,912 today to more than double by 2041.

In 2021, retail expenditure was approximately $426 million and is projected to increase to $578 million by 2026, reflecting annual growth of around 4.6%.

As a major tourist hotspot, Surfers Paradise also attracts hundreds of thousands of local and international visitors each year. These visitors generate approximately $544 million in annual retail spending, including $389 million from domestic visitors and $155 million from international visitors.

Once completed, Cypress Palms will feature:

• 2292m² of ground floor space that will consist of 10 retail tenancies ranging from 71m² to 1172m²
• Suitable for specialty retailers, cafes and restaurants, or services with frontage across 3 streets
• A supermarket of approximately 1172m² will be the anchor tenant to Cypress Palms
• Commercial floor on Level 1 has a combined area of 1150m² currently split into 705m² and 440m²
• On-site childcare centre with 60 placements
• A retail car park with 75 car spaces
• Cypress Ave Light Rail G Link Service is on the doorstep
• 75 retail car spaces

For over 60 years, Meriton has become Australia’s largest and most reputable developer, building over 79,000 apartments with a 100% completion record across Sydney, Melbourne, Canberra, Brisbane and the Gold Coast. Meriton apartments are synonymous with quality and luxury. Uniquely designed by industry acclaimed architects and built by our highly skilled and experienced construction teams. We pride ourselves on the highest levels of workmanship to bring you award-winning developments. Meriton offers a complete and tailored apartment solution, helping you buy, manage, rent and sell. We’re with you all the way.

We help you buy

•  Prime locations near employment hubs, transport, education and retail precincts.
• Multiple developments to choose from within Sydney
• On-site resort style facilities including aquatic centre, gymnasium, childcare, retail and landscaped communal areas
• Our tenant guarantee provides secured tenancies on settlement for all investors

We help you manage

• On-site building managers can lease your apartment, address your daily concerns and manage the maintenance of your apartment
• Property and Strata Management teams are responsible for the ongoing professional management of your development

We help you sell

• We assist in the re-sale of your Meriton apartment, who better to help sell than the people who built it!
• Our resale’s site specialist has intimate knowledge of your apartment, building and suburb
• Our expertise helps you achieve faster results and the highest possible price

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