1&2/43 Tallebudgera Drive

Palm Beach QLD 4221

Duplex Semi-Detached

Currently for sale - view listing

Overview

First Time Offered in 35 Years | Rare Creekside Development Opportunity

Offered to the market for the first time in 35 years, 43 Tallebudgera Drive presents an exceptionally rare opportunity to secure a prime corner allotment in one of Palm Beach's most tightly held creekside pockets. Positioned approximately 50 metres from Murlong Park and the pristine waters of Tallebudgera Creek, with the golden sands of Palm Beach within easy walking distance, this outstanding location captures the very best of coastal living. Currently configured as a duplex comprising two separate two-bedroom residences, the property offers immediate dual rental income potential alongside exciting future redevelopment possibilities. Buyers have the rare opportunity to purchase one or both residences, presenting flexibility for investors seeking an individual holding or those looking to secure the entire property for future potential. Situated within the Medium Density Residential Zone, the property benefits from a three-storey building height overlay, with potential for a fourth storey through an impact-assessable development application, subject to council approval. Whether you're seeking a dual-income investment, exploring future redevelopment or looking to secure a long-term holding in an irreplaceable coastal location, opportunities of this calibre rarely become available. Property & Investment Highlights: • Existing Duplex Comprising 2 x 2-Bedroom Residences • Opportunity to Purchase One or Both Residences • Dual Rental Income Potential Approx. 50m to Murlong Park & Tallebudgera Creek • Opportunity to Invest Now & Explore Future Redevelopment Development Potential • Medium Density Residential Zoning • Prominent Corner Allotment • 3-Storey Building Height Overlay • 4th Storey Potential, Subject to Impact Assessment & Council Approval • Multiple Dwelling Development Potential (STCA) A rare combination of location, income and future potential, 43 Tallebudgera Drive represents an outstanding opportunity in the heart of Palm Beach. 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.