Sold
Last Asking Price - $1,600,000
agency logo

4 Tahiti Avenue, Palm Beach QLD 4221

House
633
Block size: 506 m² approx.

Palm Beach Gold

This corner position duplex pair on 506sqm level block in Palm Beach has opportunity and capital growth written all over it.

Add it to your investment portfolio and enjoy the income or add value with a few minor improvements, or fully redevelop the site into some modern homes.

Whichever strategy you choose, you're on a long-term winner here because Palm Beach is in high demand.

- Zoned MDR3 for 2 story/9m building height redevelopment (relaxations may be
possible)
- 6 bedrooms in total (2 x 3 bedroom dwellings)
- 3 bathrooms in total (1 x 2 bathrooms; 1 x 1 bathroom)
- $67,600per annum combined rental income ($750pw + $550pw)
- Leases expire June 2024 and Sept 2024
- Rent potential: $800pw + $650pw respectively ($75,400 per annual potentially)
- Not strata titled, so only one council rates notice issued for the property
- Separately water metered for each unit, but only water rates notice issued for the whole property
- Within the Palm Beach Currumbin High School catchment
- Close to the beach, shops, parks, sports clubs, schools and so much more

A strong property portfolio is a secure future. Secure your future here. The time to act is now.

Contact us for more information or come along to our scheduled viewings.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Features include: Air conditioning,Built in wardrobes,Ceiling Fans,Close to Beach,Close to Public Transport,Close to School,Close to Shops,Garden / Courtyard,Electric Hot Water Service,Floorboards,Fully fenced,Liveability,Low Strata Fees,Outdoor Entertaining,Pet Friendly,Small Building Complex,Un-renovated,Ensuite

Inspections

No open inspections scheduled.

Send an enquiry

Contact Leanne Frohmuller to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
3
Garage Spaces:
3
Property type:
House
Block Size:
506 *

Other Details

Lot:
538
Plan Type:
RP
Plan:
89779
Legal description:
538/RP89779
LJ Hooker Southern Gold Coast

Maps and area information

Block information
Block size: 506 (approx)
Legal description: 538/RP89779
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
11 Apr 2024
Sold
LJ Hooker Southern Gold Coast
Listed: 10/01/2024
Block size: 506m²
Transfer type: Full transfer

Palm Beach suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
16,349
Listing ID: 182208797. This listing has been viewed 51 times. It was first displayed on 10/01/2024 and last updated on 11/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.