At this address is a unit located on a lot in 37/RP44085 Palm Beach QLD. The local council is Gold Coast City - Gold Coast, featuring 3 bedrooms and 1 bathroom.
RARE DEVELOPMENT SITE 1215M2 PRIME LOCATION,NORTH FACING DEVELOPMENT SITE -NORTH PALM BEACH LOCATION.12 (14) 16 Twenty Fourth Ave, Palm BeachTwo Title redevelopment property at North Palm Beach with total land area of 1215m2 approx.With limited quality development sites available and the lack of fresh contemporary property existing in the area, the construction of apartments here would see very strong interest from all types of prospective purchasers who require a cosmopolitan lifestyle.The address is just waiting for the right person with the imagination to create that special development to take advantage of what these well located blocks offer.Number 12 (14) Twenty Fourth Ave has an area of 810m2 and Number 16 Twenty Fourth Ave, has an area of 405m2 making the total combined area 1215m2 . 30 m Frontage and 40 m Depth (approx)Zoned Residential Choice under the current Gold Coast City Council Planning Scheme, which allows a residential density of one bedroom per 50sq m of net site area with a 7 level height limit. (STCA)Number 12 (14)Twenty Fourth Ave has a lowset 3 bedroom, 1 bathroom, office, Large Enclosed Veranda, Garage & Carport. An original house which is positioned in the middle of the block. (810m2) rents for $450.00 per weekNumber 16 Twenty Fourth Ave is a highset 2 bed, 2 bath, garage underneath.An Original house. (405m2) rents for $280 per weekThe benefit of these properties is that the existing homes can provide the buyer with an income while they design their plans and gain approvals for the sites.With a major development about to start at Nineteenth Avenue this will surely transform the entire northern Palm Beach area. It will become a truly vibrant community with integrated parks, coffee shops and retail amenities.Dont miss the opportunity to secure this prime development site in a highly sought after location.New apartment developments at North Palm Beach have always sold very successfully with brand new luxury apartments along Tallebudgera Drive selling quickly and for top prices.Both Properties are currently tenanted : Number 12 (14) is rented at $450 per week and Number 16 is rented at $280 per week (periodical lease) Close proximity to the beautiful beaches, and a corner shop is only two minutes walk away. Schools and public transport just nearby.North Palm Beach is a high growth area and this type of development property rarely becomes available. Dont hesitate to call me now for an inspection of these two properties and for further information.Whilst the above information has been prepared in good faith and with due care, no representations are made (express or implied) as to the accuracy of such information. Potential buyers should make their own enquiries.