7 & 9 Tenth Avenue
Palm Beach 4221

Sold Price: $5,000,000

Land: 969m2

Price per Sqm: $5,160

Enquiries: 62

Days on Market: 57

Offers: 3

Online Views: 7760

Substantial Development Site in One of the Gold Coast's Most Tightly Held Beachside Precincts

Tony Grbcic from Kollosche Commercial has sold 7–9 Tenth Avenue, Palm Beach QLD 4221.

Positioned within one of Palm Beach's most tightly held coastal pockets, this combined holding represented a rare opportunity to secure a substantial development site within one of the Gold Coast's most sought-after beachside suburbs. The Site is centrally located within immediate walking distance of the beachfront, village retail, cafés, public transport and local amenities.

Comprising two adjoining allotments across a combined site area of 969m²* (405m² at 7 Tenth Avenue and 564m² at 9 Tenth Avenue), the Site benefits from an impressive, combined frontage of 24.15 metres*. The consolidated landholding and wide street exposure provided a highly flexible redevelopment footprint, allowing the incoming purchaser to assess a range of future development outcomes (STCA^).

Currently improved with two well-maintained residential dwellings providing holding income-both residences are functional and liveable, underpinned by strong rental demand driven by proximity to the beach, cafés, Coles, restaurants, the surf club and public transport.

KEY SITE ATTRIBUTES INCLUDED:

Call Tony on 0407 968 667 for further information on this Sale.

*Approximate

^ Subject to Council Approval

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.