Australia | Avon

Offers Over $2,000,000

452 Cypress Terrace North, 452 Cypress Terrace North, Palm Beach, Qld 4221

# Location

Description

Development Site In Blue Chip Position

*Inquire for private viewing*

Located in a highly sought-after precinct of the Gold Coast, this property presents a rare and strategic investment opportunity. With a sizable 670m2 level allotment, its prime positioning near Tallebudgera Creek underscores its value and potential.

Investors and developers will appreciate the flexibility this property affords. Whether considering a single, expansive dwelling or leveraging the Medium Density zoning for a duplex development (STCA), the potential is evident. Concurrently, the existing residence continues to provide a dependable rental income stream.

Detailed Specifications:

- Allotment: 670m2, levelled. - 15m Street Frontage - Zoning: Medium Density. - Rental Income: Currently secured at $600 per week.

Location Metrics: - Beach: Approximately 400m distance. - Tallebudgera Creek: Roughly 500m away. - Palm Beach Central: A few minutes to the main strip featuring restaurants, bars, cafes and all amenities.

- Walking distance to: Sports fields, Tallebudgera Surf Club & Tallebudgera Fitness Centre

- Natural Reserve: Close proximity to Burleigh National Park. - Travel & Transit: 10 minutes to the Gold Coast International Airport. - School: Inside Palm Beach State High Schools Catchment & Palm Beach Primary (walking distance).

A unique opportunity in a prime location, this property epitomizes both the immediate value and long-term potential for buyers. We look forward to registering your interest today.

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Location

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Kasey Pereira

Agent Name

5 (14 Reviews)

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