7 Twelfth Avenue, Palm Beach QLD 4221

Make an offer now on this original condition brick duplex pair. It sits in a tightly held pocket of Palm Beach and it's here waiting for some loving to take it to the next level.Two flats with long-term tenants providing cash flow whilst you work your plansLevel 405m2 blockZoned RD5 - Medium Density Residential (Residential D in the old scale)Fantastic development potential In the heart of thriving Palm Beach180m approx. to the beachCurrently set up as two x 2 bedroom flatsCurrent total rental income is $490/week. A quick tidy up could increase the rental return very quicklyStroll to Tallebudgera or Currumbin Creeks or the flourishing restaurant precinctMinutes to the motorway, Gold Coast Airport and shopsThis property presents a fantastic opportunity to home owners, landlords, investors and developers alike. Renovate or detonate but act quickly before its too late. Benefit from the enormous Palm Beach popularity and reap the rewards.Check out the concept-only plans for duplexes that the owner had drawn up. Maybe they'll inspire you? Enjoy income whilst you get your plans sorted. Speak with your Town Planner today about the possibilities of building more than two new dwellings on this land? Make an offer today or call us for more information