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DUE TO UNPRECEDENTED INTEREST ON THIS SITE, THE CLOSING DATE HAS BEEN BOUGHT FORWARD TO FRIDAY 12TH MARCH, 5PM.
The Belle Property Palm Beach Team are excited to present a very unique opportunity for investors and developers alike to secure 4 properties (side-by-side) covering 1616m2 in total in the heart of Palm Beach.
Rarely does a parcel of land of this scale, diversity and location present itself in what is arguably one of the most desirable locations in South East Queensland.
Palm Beach has respectfully earned itself a reputation for understated laidback luxury. With its beautiful beachfront residences, luxury apartments and state-of-the-art waterfront homes, Palm Beach has become 'the place to be' and the 'place to be seen'.
Nestled in a quiet village precinct with amenities including coffee shop, bakery, butcher, chemist, bottle shop and restaurant. 19-25 Philippine Parade is a unique and rare investment opportunity for those looking to set the benchmark in purpose-built living solutions or innovative commercial spaces which allow immersion in the local surroundings. When the most important part of your day is your morning coffee or daily surf, the locale of this opportunity is perfect for elite luxury and slow living in mind.
19 - 25 Philippine Parade comes to the market with diversity and an abundance of opportunity including neighbourhood centre zoning across the individually titled lots. Purchase the 4 sites and continue to lease the residences with the existing revenue stream or create a desirable development that would appeal to both residential and commercial occupiers alike. The property also comes complete with a DA Application for a new commercial opportunity*.
Property Particulars:
Lot 320 /Lot 321 19 Philippine Parade
Lot 318/Lot 319 21 Philippine Parade
Lot 316/Lot 317 23 Philippine Parade
Lot 314/Lot 315 25 Philippine Parade
Current Rental Profile:
19 Philippine Parade
● Commercially Titled with Proposed rental return Approx. $2,800 per month (Currently Community contribution use)
21 Philippine Parade
● Residential Titled with Office: $2,800.06 currently month to month
23 Philippine Pde (Units 1 & 2) – Duplex Pair:
● Unit 1: $340 per week from 02/04/21
● Unit 2: $320 per week from 02/04/21
25 Philippine Pde (Units 1 & 2) – Duplex Pair:
● Unit 1: $355 per week each
● Unit 2: $340 per week each
The Location:
● 7km to Gold Coast International Airport
● 5km to John Flynn Hospital
● 90km to Brisbane CBD
● 50km to Bryon Bay
● 1km to M1 Highway - the gateway to both Brisbane and Northern NSW
● Walking distance to one of the Gold Coast's most desirable high schools - Palm Beach Currumbin (PBC)
● Directly across the road from a convenience store, coffee shop, bakery, liquor shop, professional services and the infamous burger bar - Burgster
● 1.8km to the Pines Shopping Centre and 400m to the newly opened Palm Beach shopping precinct
● Award winning Cafes and Restaurants in abundance all within walking distance to the Palm Beach CBD
For a more detailed IM please send an enquiry.
*All information given in relation to these properties in this advertisement is given without responsibility. Prospective purchasers should seek independent advice and conduct adequate due diligence. As a prospective purchaser, you must satisfy yourself as to the accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary.
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