This prime positioned block of units, sits on a 976m2 site just metres from the sands of serene Tallebudgera Creek and the surf of Palm Beach. First time to the market in over 40 years, this presents a rare buying opportunity in one of the Gold Coast's most vibrant suburbs.
Occupied by a block of three income-producing flats, the blue-chip address offers residents a highly desirable lifestyle, where patrolled beaches, cafes and a range of dining options are just moments from the doorstep.
Developers, Investors or Owner-occupiers, there is something for everyone with this rare gem, so act fast to ensure you secure this prime piece of real estate. Providing the new owner the option to land bank with a holding income, or hold until you formulate development plans to capitalise on the site's full potential, alternatively live in one and collect the rent from the others.
This high-growth locale delivers front-row access to the lifestyle precincts of Palm Beach, Tallebudgera and Burleigh Heads, which together have an abundance of popular shopping, cafe, world class dining and nightlife options.
Property Specifics:
•Development opportunity in premier beachside suburb
•976m2 site with prime corner position, only 150m to Tallebudgera Creek Beach and 500m from Tallebudgera Surf Club and patrolled beach
•Potential to earn a holding income (Approximately $2,000 - $2,100 per week)
•Block currently houses a two level block of flats comprising of 3 units
•1 x 3 bedroom plus study, entire top floor, large living area with wrap-around balcony and carport
•2 x 2 bedroom ground floor units, each with a car space
•Enormous communal back yard space with side access
•Approximately 25m frontage to Townson Ave
•Approximately 37m frontage onto Boodera Road
Location Highlights:
• Tallebudgera Creek Beach (water sports and parkland) 150m
• Tallebudgera Surf Club and patrolled surf beach 500m
• Burleigh Head National Park 1 km (walking tracks with stunning lookouts and scenery)
• Palm Beach Shopping, cafe, dining hub approx. 1.5km
• Renowned Custard Canteen Cafe 800m
• James Street, Burleigh Heads 2.2km (boutiques, cafes, shopping, dining, entertainment)
• Burleigh Headland and Pavilion 2.2km (Rick Shores, Tropic, “The Pav” and famous beach and Surf Break)
• Gold Coast International Airport located 8.5km South (approx. 10 min drive.)
• Buzzing cosmopolitan Broadbeach 8.5km North (host of restaurants, bars, entertainment, Shopping at Pacific
Fair, Star Casino, Gold Coast Convention Centre plus so much more…
A location such as this is highly sought-after, with the lifestyle options on offer highly prized. Over the past few years developers and renovators have reinvigorated the suburb of Palm Beach to become one of the Gold Coast's hottest and most sought-after lifestyle destinations. Offering beaches, bars, restaurants, cafes and the Gold Coast Airport only a 10 minute drive, allowing the FIFO city workers of Sydney / Melbourne etc. an ideal and convenient escape to paradise on the weekend.
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