382 Cypress Terrace North, Palm Beach, QLD, 4221

SoldJul 2, 2022

382 Cypress Terrace North, Palm Beach, QLD, 4221

$2,800,000

824 m²

House

•

30+ days on the market

Sold: Jul 2, 2022

What's around 382 Cypress Terrace North

RARE 824m2 DOUBLE BLOCK - LONDON OWNER REQUIRES IMMEDIATE SALE!

On offer is a superb redevelopment opportunity on a rarely available 824m2 site, just footsteps from the beachfront in one of South East Queensland's most highly sought after residential suburbs. Double blocks like this are few and far between, with development potential for up to five townhouses subject to council approval. This is an extremely rare opportunity to secure an excellent development site or massive blank canvas to build your dream home. At present, the existing home is full of history and original charm and consists of a three bedroom home plus a fully self contained one bedroom unit connected to the main home plus original studio out the back. The opportunities are endless, you can build now or build later and land bank for future capital growth. This site is perfectly located only a short stroll away from the beach. It is also located within walking distance to Burleigh Heads, local schools, shopping centres, dining and entertaining precincts, boat ramps and public transport, 382-384 Cypress Terrace North has it all. Be quick to inspect this opportunity of a lifetime as it absolutely must be sold! • Overseas owner is serious about selling and requires urgent sale • 824m2 of prime beachside land making for the ultimate development site or location to build your dream home • Massive rarely available double block site in this highly coveted location • Build now or build later and maintain a strong rental return • Current original home is full of character and consists of 4 bedrooms, 2 bathrooms, office, studio and 2 car accommodation • Golden opportunity for someone looking to build, develop, invest or landbank • Perfectly located only 300m from the beach and walking distance to Burleigh Heads, local schools, shopping centres, dining and entertaining precincts, boat ramp and public transport • Sensible overseas owners invite your inspection and will consider all offers prior to auction • This is a golden opportunity that will not last long - Act quickly! Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries 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.