Rare Dual Occupancy Beachside Holding in One of Palm Beach's Most Tightly Held Precincts
Positioned within one of Palm Beach's most tightly held coastal pockets, this combined holding presents a rare opportunity to secure a substantial beachside landholding in one of the Gold Coast's most sought-after suburbs. Centrally located, the property is within immediate walking distance of the beachfront, village retail, cafés, public transport and local amenities.
Comprising two adjoining allotments with a combined site area of 969m²* (405m² at 7 Tenth Avenue and 564m² at 9 Tenth Avenue), the property enjoys an impressive combined frontage of 24.15 metres*. The generous land size and wide street exposure offer flexibility for future owners to enjoy, hold or explore longer-term possibilities (STCA^).
The property is currently improved with two well-maintained residential dwellings, both of which are functional and liveable, providing holding income. Strong rental demand is underpinned by the unbeatable lifestyle location, with the beach, cafés, Coles, restaurants, surf club and public transport all close by.
With no current Development Approval in place, the property offers a clean slate for buyers seeking flexibility and optionality, set against the backdrop of Palm Beach's continued growth, transformation and enduring demand.
KEY PROPERTY ATTRIBUTES INCLUDE:
Total combined land area: 969m²*
Individual lot sizes: 405m² & 564m²*
Combined frontage: 24.15 metres*
Dual-allotment beachside holding
Currently improved with two residential dwellings
Holding income potential
Walking distance to beach, cafés, retail and public transport
No current Development Approval – flexibility for future options (STCA^)
For further information, contact Tony on 0407 968 667 or Simon on 0409 337 920.
*Approximate
^ Subject to Council Approval
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
