PRD Palm Beach 40-42 Palm Beach Avenue Palm Beach, QLD, 4221 07 5534 6044
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20 Walker Avenue
palm beach
QLD, 4221

SOLD
listing rooms 4
listing bathrooms 2
listing parking 2

DUPLEX PAIR - INVESTMENT OPPORTUNITY

Investors, builders or developers, here is an excellent opportunity to purchase a rare duplex pair in a prime Palm Beach location within an easy walk to the beach and all facilities.

The property consists of two, two-bedroom, one-bathroom duplexes with separate entries and also separate, private court yards.

The building is situated on a prime development block with a 16.7m frontage making it ideal for a new duplex development, now or in the future.

• Block size, 508 m2,16.7m by 29.9m.
• Rental appraisal $550 per week each. Total $57,200 per annum;
• Air conditioning, ceiling fans;
• Open plan living, private entry, private court yards;
• Both duplexes have large single lock up garages;
• Other similar developments underway in the street;

This property is in an extremely sought after location making it an ideal long term investment opportunity with the upside of development potential, now or in the future.

Close to local schools, shops, the beach, and all the facilities that Palm Beach has become renowned for.

Agents

Nearby Schools

About palm beach

median house price

1700000

suburb growth

13.3%

median house rent

1100

suburb rental yield

3.4%
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Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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