SOLD
RECENT ADVICE
Sold on 22 Oct 2024 for $1,900,000

66 Tallebudgera Drive
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 567m2
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Property Details for 66 Tallebudgera Dr, Palm Beach

66 Tallebudgera Dr, Palm Beach is a 4 bedroom, 2 bathroom DuplexSemi-detached with 4 parking spaces. The property has a land size of 567m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom DuplexSemi-detached sold in Palm Beach in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
567m2
Local Government
Gold Coast City
Lot/Plan
268/RP96264

Last Listing description (October 2024)

Nestled in the sought-after locale of Palm Beach, we present to you a unique real estate gem at 66 Tallebudgera Drive. This property isn't just a home; it's a canvas of possibilities waiting for the vision of an astute investor or homeowner.

Property Highlights:

Dual Living on One Title: This property offers two separate 2-bedroom units (Side 1 & Side 2) on a single title, both currently tenanted, providing immediate rental income.

Land Size: A generous 567sqm block, offering ample space for development or personal use.
Strategic Location: Prime Palm Beach positioning, where lifestyle meets convenience with beaches, shops, and schools just a stone's throw away.
Direct Beach Access: A public pathway opposite the property takes you straight to the stunning coastline for your daily seaside escape.

Investment Opportunities:

Land Banking: Hold onto this property with existing tenants and benefit from steady rental income while the land appreciates.
Cosmetic Renovation: A light makeover could significantly boost rental yields or enhance the selling appeal, making it even more attractive to future buyers or tenants.
Merge into a Single Dwelling: Transform this duplex into a large, luxurious family home, perfect for those looking for space and comfort in a coveted neighborhood.
Development Potential: Subject to council approval (STCA), there's the exciting option to demolish and rebuild. Envision a modern duplex or even a multi-story development up to 3 stories, maximizing both view and value.

Why This Property?

Versatility: Whether you're an investor looking for rental income, a developer seeking a project, or a family desiring a forever home with potential for customization, this property adapts to your vision.
Location: Palm Beach is not just a place to live; it's a lifestyle. Enjoy proximity to some of Queensland's best beaches, cafes, and community amenities.

On behalf of Smyth RE, we wish to inform you that this property is offered for sale through auction, and as a result, we are unable to provide a price guide in line with QLD regulations. It should be noted that the property might have been placed into a price bracket by the website for operational purposes.

AUCTION DETAILS: Auction On-site, 66 Tallebudgera Drive, Palm Beach. Tuesday 22 October at 5.00pm

Private inspections available upon request.

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.

Property History for 66 Tallebudgera Dr, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,900,000
22 Oct 2024
Listed for Rent
$280/w
18 Feb 2010
  • 22 Oct 2024
    Sold for $1,900,000
  • 01 Oct 2024
    Listed for Sale Auction On-site - 22 October at 5.00pm
  • 11 Feb 2010
    Listed for Rent - Price not available
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Palm Beach has 10,404 properties. Over the last 5 years, Houses in Palm Beach have seen a 105.32% increase in median value, while Units have seen a 105.82% increase. As at 31 October 2024:

  • The median value for Houses in Palm Beach is $1,927,621 while the median value for Units is $988,399.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 73 properties listed for sale, and 36 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 502 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Contact agent
Edward Smyth
Show contact details
Smyth RE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.