1486 Gold Coast Highway, Palm Beach QLD 4221

Offered to the market is this large 3,168 square metre consolidated site situated in Palm Beach, Gold Coast.

There is a total of 5 blocks ready for immediate development. The site has a double street frontage onto the Gold Coast Highway and would boast stunning North East ocean views and North Western views over Tallebudgera, ideal for a residential unit development. Currently the site has a mixture of detached dwellings, attached dwellings and a commercial premises.

The site comprises of:
* 2x 3 bedroom houses
* 3x 1 bedroom units
* 7x 2 bedroom units
* 1x commercial premises

The site has a total fully let income of $196,000 per annum.

This large development site is located just over the hill from famous Burleigh beaches and cafes and situated in close proximity to Tallebudgera Surf Club, Palm Beach beaches, M1 Motorway, Burleigh Town Shopping Centre, West Burleigh Shopping Centre, Currumbin beach and Gold Coast Airport.