146-150 Tallebudgera Drive
Palm Beach 4221

Three Titles on 2742m² Block - Premium Waterfront Estate - First Time For Sale in Over 40 Years!

One of the largest and best waterfront blocks at Palm Beach, this landmark property occupies 2742m² of premium real estate.

Richly verdant with established palms and lush tropical gardens, the sprawling property melds into the unsurpassed natural beauty that surrounds.

With a superb north/east aspect and an expansive 75m of water frontage, the entire property hugs the widest aspect of water along the canal, with immediate ocean access, via Tallebudgera Estuary.

The home was designed and built in the early 1980s by one of Palm Beach's influential property pioneers. Owning commercial and residential blocks right across the suburb, it was this block they favoured and chose to call home for over 40 years.

Tightly held and deeply treasured by the one family, it is rich with a colourful history and filled with nostalgia. Four Norfolk Pines that were planted during construction still tower at each corner of the property's boundary line.

The home has long been a talking point among locals, due to its position, size and potential. This is the very first time it has ever been offered to the market. Who knows if and when an opportunity of this prominence will present again?

Inspect and make a move on this iconic piece of Palm Beach History. The plethora of opportunities on offer include:

Renovate:

The home itself was state of the art for its time, in the 80's. The bones are good but it needs love and attention. Vaulted ceilings and oversized windows give it a sense of grandeur. There's a collection of formal and casual living spaces at every turn, and most rooms have access to outdoor terraces, offering stunning water views by day and night. Currently there are 5 bedrooms, including 1 suite with private kitchen and bathroom, but this could easily be converted to many more.

Develop:

Anchored in such a premier position, with a swoon-worthy backdrop, you can re-imagine the existing footprint and create a whole new opportunity. Build one, two or even three brand-new homes with high-end finishes, to sit generously across the three lots. Your own coastal resort, if you will. Keep them as integrated or as separate as you desire. With an expansive block of this calibre, your imagination is your limitation.

Subdivide:

There is the opportunity to subdivide into four x 685m² blocks. On-sell, develop or land bank for the future. (Subject to Gold Coast City Council Approval).

Additional Property Features Include:

Tallebudgera Estuary is renowned for its pristine waterways perfect for lifestyle enthusiasts who enjoy fishing, stand up paddle boarding and boating. The property provides close proximity to some of the best beaches the Gold Coast has to offer, with Burleigh Beach, Palm Beach and Currumbin just moments away. So too is the melting pot of restaurants, cafes, bars and surf clubs the Southern Gold Coast has to offer. Situated 11km from Coolangatta airport and a few minutes drive from M1 access.

This is the kind of property that comes up for sale once in a generation. Act now to secure your piece of paradise.

Disclaimer: It should be noted that this property is being sold by auction, therefore due to REIQ legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.