Case Study:
Method of Sale: Auction
Days on Market: 20
Open Homes: 6
OFI Attendees: 19
Online Enquiries: 25
Views Online: 1,833
Registered Bidders: 3
This is an opportunity that simply doesn't come around often. Set on a highly desirable flat corner block in one of the Gold Coast's most tightly held pockets, this original home is all about location, lifestyle, and exceptional future potential.
Importantly, the property already benefits from Development Approval (DA) for two dwellings, presenting a rare and valuable opportunity for developers, builders, and savvy investors looking to capitalise in a premium coastal location.
To further enhance the opportunity, the plans have been thoughtfully designed by Mi Design Studio, showcasing two architecturally striking and independent four-bedroom residences. The design embraces a contemporary coastal aesthetic, with clean lines, layered façades, and feature screening elements that create a refined and modern street presence. Each home has been carefully planned with well-balanced layouts that maximise natural light, privacy, and functionality, while fully capitalising on the advantages of the corner position-delivering a cohesive yet distinctive outcome ideally suited to the Palm Beach lifestyle.
With vacant possession available, builders and developers can move forward immediately-minimising holding costs and accelerating project timelines.
Positioned just moments from pristine beaches, vibrant cafés, parklands, and essential amenities, you'll quickly see why this address is so coveted. This is the kind of location people wait years to secure-where coastal living meets everyday convenience. From morning walks along the sand to evenings enjoying the nearby dining and nightlife scene, everything you love about Palm Beach is right at your doorstep.
Take full advantage of the approved development pathway, premium architectural design, and generous 666m² corner block to deliver a high-quality DA-approved dual occupancy with subdivision potential in a location where demand remains consistently strong.
Developers and builders- Properties like this are becoming harder to secure-especially those that combine corner positioning, scale, approved development upside, ready-to-go status.
Key Features:
• 3 bedroom, 2 bathroom original home
• Highly sought-after flat corner block
• Generous 666m² land size
• DA approval for two dwellings, architecturally designed concept for two independent 4-bedroom residences, contemporary coastal design with strong street presence, designed by Mi Design Studio
• Vacant possession - build and develop immediately
• Strong appeal for developers, builders, and investors
• Secure double lock-up garage
• Functional kitchen and dining area
• Semi-enclosed alfresco rear patio
• Large grassed backyard
• Ideal for redevelopment, or knockdown rebuild
• Rare opportunity in a premium Gold Coast location
Property specifics:
• Council Rates: $2,138.20* per half year
• Water Rates: $559.55* per quarter
• Rental Appraisal: Estimated rental income of $1,000-$1,200 per week
*Approx
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
