2 Homes + Development Block + Walk to Beach = Outstanding Opportunity!
"Enjoy Today & Capitalize Tomorrow" is the best way to describe the opportunity available at this unique property that offers the homeowner or investor great potential. Set on a North-facing 405sqm block that is zoned Medium Residential and allows for future subdivision and redevelopment, this property presently features 2 separate homes.
This is fantastic for extended family living or the astute investor who wants two sets of rental incomes. So, whether its reducing your mortgage or attracting high rent returns, you can achieve either while watching the sharp capital appreciation which makes for attractive development opportunities in the future.
All of this only a short walk to the surf and sand of the beach in the highly sought-after suburb of Palm Beach which is one of the best growth locations on the Gold Coast. For those who prefer calmer waters, a short distance away is the breathtaking Tallebudgera Estuary, which many regard as the best swimming spot on the Coast. With the light rail set to run along the Gold Coast Highway through Palm Beach, the suburb is yet to achieve its capital potential. This property is your oyster, inspect now to uncover the pearl!
Benefit List....
Land
405sqm North facing block
Zoned Medium Residential
Ideal for future Development
Fencing & large shed
Backyard for kids / pets
House 1
Original built in 1974
2 bedrooms, single garage
Fully renovated bathroom
Separate laundry
Open plan layout
House 2
1985 build, 2009 Renovated
1 bedroom studio loft
Character with High Ceiling
Modern bathroom & kitchen
Separate laundry
Location
7 min walk to beach
Close to Tallebudgera Estuary
School, shops, public transport
Future light rail location
Highly sought after suburb
Great future capital growthshow less