452 Cypress Terrace North, Palm Beach QLD 4221

Offers Over $2,000,000

3 beds

1 baths

1 parking

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.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Garage Spaces: 1
• Land Area: 670 m² (approx)