Calling all astute renovators, developers and investors - this is the lucrative property opportunity you've been waiting for. Perched in a prime location approx. 15 minutes walk from the beach, this 700m2 corner block is ripe with untapped potential. Boasting dual street access and wide frontage, explore your options to landbank, develop or subdivide the allotment (STCA) and maximise your future gains.
Alternatively, modernise the existing 3-bed, 1-bath brick single level home and make it your own. Overlooking established greenery, it's also a comfortable investment option that features a functional kitchen and open plan living and dining zone. Those seeking extra space will appreciate the garage conversion into a multi-purpose room with a second toilet, as well as the large outdoor shed.
A sought-after location, not only can you stroll to the sand and surf, it's also within walking distance of Mallawa Sports Complex, Palm Beach State School and the 19th Avenue shopping precinct. A host of local cafes are within easy reach too, or make a short 2km drive to sample the vibrant Palm Beach restaurants, cafes, bars and boutiques.
Whether you renovate, rebuild, rent, develop or subdivide - with subdivision pending council approval - the rewards are here for the taking. Don't miss out, inspect today!
Property Overview:
• Solid brick, single level home ripe with lucrative potential
• Fully fenced 700m2 corner block, approx. 15 min walk to the beach
• Enticing possibilities await to renovate, rebuild, add to your investment portfolio, landbank, develop or subdivide (STCA)
• Comfortable and well presented, with an outlook on to lovely, established greenery
• Tasteful, functional kitchen
• Open plan living and dining zone
• Three generously sized bedrooms with built-in robes
• Original condition bathroom
• Open-air alfresco patio set against a lush and leafy backdrop
• Garage converted into a multi-purpose room with a second toilet
• Large shed for storage or parking
• Electric solar hot water
• NBN internet
• Daikon air-conditioning
• Walk to Mallawa Sports Complex, Palm Beach State School plus local cafes and parks
• 2km from vibrant Palm Beach restaurants, cafes, bars, boutiques and supermarket
* Current tenant lease ends 7/5/2025
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.
