Tucked away in a quiet, family-friendly pocket of Palm Beach, this newly subdivided 346m² allotment at 51 Japonica Drive presents a rare opportunity to secure a DA-approved site and create a brand-new freestanding home.
The northern end of Palm Beach is one of the suburb's most desirable pockets, offering a relaxed coastal lifestyle just moments from Tallebudgera Creek, Burleigh Head National Park and the heart of Burleigh Heads. With beaches, walking trails, cafés and dining all close by, it's easy to see why this location is so tightly held.
The property comes with an approved Development Application for a striking four-bedroom, three-and-a-half-bathroom residence designed by Allan Amores. The plans have been thoughtfully created for relaxed coastal living, featuring generous open-plan interiors, seamless indoor-outdoor flow and a spacious backyard.
Under the current approval, the existing dwelling is required to be demolished, and the approved development finished within the next three years.
In the meantime, the existing property currently generates approximately $1,200 per week in rental income, providing buyers with the ability to earn an income while planning and preparing for the future build.
Features
346m² newly subdivided allotment
DA approved for a freestanding four-bedroom home
Designed by Allan Amores
Generous open-plan living and outdoor entertaining
Spacious backyard
Private driveway access, separate from the neighbouring lot
Existing dwelling currently returning approximately $1,200 per week
Convenient access to Palm Beach, Burleigh Heads and the M1
Moments from beaches, schools, cafés, restaurants and Gold Coast Airport
A unique opportunity to secure an approved Palm Beach homesite with holding income in place while preparing to bring the approved design to life.
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.
