1422 Gold Coast Highway, Palm Beach QLD 4221

Opportunities like this are quite rare. A highly sought after corner block fronting the Gold Coast Highway and Twenty Fourth Ave at North Palm Beach has become available.

Across the road to the golden sands and crystal clear ocean, you are also within a short stroll to local cafes, restaurants and Surf Clubs, and best of all central to one of the region's booming suburbs in Palm Beach.

There are options aplenty with this highly versatile property. Currently occupied by two single level duplexes, tenanted at $635 per week for both, and Zoned by Gold Coast City Council as "Medium Density", this is a blank canvas for development. It's income producing whilst you get your plans through. Perfect for a range and mix of dwelling types such as multiple dwellings and dual occupancies, of course, you may decide to knock down the existing building and build your dream home (STCA).

405m2 corner block Zoned GCCC Medium Density
RD5 Up to 200 bedrooms per net hectare (1 bed/50m2)
Rare development opportunity (STCA)

The existing duplexes on site offer:

Duplex 1 - (front) 2 bedrooms with built ins, neat living and kitchen with air conditioning, bathroom with separate WC, laundry, single lock up garage and enclosed grassed yard.

Duplex 2 - (rear) 2 bedrooms with built ins, air conditioned living and kitchen area, bathroom with separate WC, laundry, garden shed, single lock up garage and enclosed grassed yard with patio.

For more information regarding this outstanding opportunity, please contact the exclusive marketing agents at LJ Hooker Palm Beach.