26 Murlong Crescent, Palm Beach QLD 4221

Situated on a prime north facing 556 sqm parcel of land directly across from the Tallebudgera Estuary with uninterrupted views across the water over Burleigh Headland, you will realise just how rare an opportunity this is the moment you step out of your car.

The property itself boasts dual-living so it is effectively split in two (upstairs/downstairs) and garners a return of $900pw ($550 + $350). This property offers exceptional potential to refurbish, redevelop or to land bank and reap the benefits of capital growth.

There is currently a DA in place to build two luxury four bedroom homes. The block itself is zoned Residential D with a residential overlay of RD5. You have the ability to build up to three levels with a height limit of 15m.

Palm Beach offers the most crystal clear waterways that the Gold Coast has to offer and you could have all of this just metres from your doorstep. The suburb has quickly become one of the most sought after locations on the Gold Coast. With millions of dollars invested into infrastructure and the birth of the quirky Palm Beach eatery scene, it's not hard to see why.

What you are buying here is not just a property, you are ultimately buying an opportunity to live your dream lifestyle.

Please contact Eoghan Murphy or Debbie Goudy to arrange an inspection today.


SPECIFICATIONS

Prime north facing 556 sqm block with a 19.9m street frontage
Current DA in place for two luxury four bedroom homes
Height limit of 3 levels at a maximum of 15 metres
Existing dual-living property with a return of $900 per week
Light filled open plan living areas, master bedroom with water views
Full width entertaining balcony boasts views across the water over Burleigh Headland
Multiple opportunities at hand (refurbish, redevelop or land bank)
Only moments to shops, schools, public transport and dining precincts
Very tightly held street