53 Leyte Avenue

Palm Beach QLD 4221

House

Currently for sale - view listing

Overview

Prime Palm Beach Opportunity - RD5 Zoned with Exciting Development Potential

Positioned in a sought-after pocket of Palm Beach, 53 Leyte Avenue presents an exciting opportunity for homeowners, investors and developers alike. Set on RD5-zoned land, this property offers the potential to explore a four-pack development, subject to council approval (STCA), making it an appealing prospect in one of the Gold Coast's most desirable coastal suburbs. The existing three-bedroom, one-bathroom home has been renovated, offering comfortable living or rental income while you plan your next move. The property is also built to the front of the block allowing for second, detached dwelling (proving another option to maximise return outside of a 4-pack). With light-filled interiors, well-sized bedrooms and a functional layout, the property provides immediate utility alongside the opportunity to further enhance, hold or redevelop. For developers, the site's zoning and sought-after location provide an opportunity to investigate future development possibilities. For investors, it offers the flexibility to generate income today while considering the site's longer-term potential. Property Highlights: • RD5 zoning with exciting redevelopment potential • Potential four-pack development across the block, subject to council approval (STCA) • Existing three-bedroom, one-bathroom home • Renovated and offering immediate use or rental potential • Located in a highly sought-after Palm Beach pocket • Ideal for developers, investors, owner-occupiers or land bankers • Combining an established home with exciting future possibilities, 53 Leyte Avenue is an opportunity to secure a foothold in Palm Beach and explore the potential to unlock the property's value. Inspect today and discover the possibilities.