49 Denawen Street Palm Beach QLD 4221

Offers Over $1,900,000
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House SELLING on Denawen Street

Prime Investment Opportunity DA Approved

  • 3property_bedrooms
  • 2property_bathrooms
  • 2property_parking
  • 551m2property_land_area
  • House

This property is ideal for an astute property developer or investor to take advantage of a rare DA approved opportunity to build two luxury residences in the booming suburb of Palm Beach. Ideally situated and designed according to a new level of coastal luxury becoming a signature of the Palm Beach area.

Capitalise on this wonderful 551m2 site with dual street frontage and DA approved plans, saving significant time, risk and costs associated with the council approval process.

Meticulously designed by local award-winning architect Shane Denman who has extensive experience crafting premium properties in the Palm Beach area, the DA approved blueprints for these two-story luxury residences set the tone for beach-style contemporary homes in arguably one of the best locations on the Gold Coast. Both homes feature contemporary living arrangements with open plan kitchen and living areas adjacent to outdoor entertaining spaces overlooking a private pool. The residences contain 2 living areas, one upstairs and one downstairs, sitting room adjoining the kitchen, 4 bedrooms, 3.5 bathrooms (with downstairs powder room), internal laundry and double garage. The residences are designed to be finished to a high-quality standard to be enjoyed by all.

Local area highlights and features:
• Walking distance to the beach
• Short walk to shopping, cafe, restaurant precinct
• 50m walk for paddle boarding in the canal
• Close proximity to leading schools
• Short drive to Currumbin and Tallebudgera Creeks
• Short drive to dog parks and walking areas
• Short drive to Gold Coast Airport
• Short drive to M1 motorway for access to North and South locations and attractions
• This opportunity presents to a wide variety of buyers from dual family living, own/invest, invest/sell to invest and hold buyers

Palm Beach has gone through a strong period of growth and is one of the most sought-after locations on the Gold Coast. Palm Beach is more popular than ever and offers the ultimate in coastal lifestyle.

Currently, this property includes an existing 3 bedroom dwelling returning a rental income of $830 per week.

In order to visualise the future possibilities that await for this prime Palm Beach site, simply make contact and we can walk you over the plans and the opportunity that presents itself.

Property Features
  • House
  • 3 bed
  • 2 bath
  • 2 Parking Spaces
  • Land is 551 m²
  • Ensuite
  • 2 Garage