33-35 Boodera Road, Palm Beach, QLD 4221 | BlockOfUnits for sale | OnTheHouse
FOR SALE
Expressions Of Interest Closing 3 September at 5pm

33-35 Boodera Road
Palm Beach QLD 4221

Bedrooms: 17
Bathrooms: 9
Car spaces: 9
Land area: 1060m2
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Rare 1,060m² Double Block with Nine Existing Units in sought-after North Palm Beach

Expressions Of Interest Closing 3 September at 5pm
A rare opportunity awaits in one of Palm Beach's most desirable coastal pockets, bringing together established holding income, a generous landholding and future development potential within easy reach of Tallebudgera Estuary and the beach.
Set across two adjoining titles spanning a combined 1,060m²*, with 38m* of frontage to Boodera Road, the property is currently home to two low-rise apartment buildings comprising nine tenanted units. The established rental income creates an attractive landbank opportunity while future plans are progressed.
Medium Density Residential zoning supports a range of future possibilities, from a landmark private residence to boutique multi-residential development. Current planning controls include a 9m building height, with any proposed variation to height and density limits subject to individual assessment and council approval.
Tallebudgera Estuary is around 300m* away, placing calm-water swimming, paddleboarding and waterfront walks within a short stroll, while the beach is 500m* down the road for morning swims, surfing and an easy connection to the vibrant Palm Beach lifestyle.
The Highlights:
- Combined 1,060m²* holding across two adjoining titles
- 38m* of frontage to Boodera Road
- Two existing low-rise apartment buildings comprising nine tenanted units
- Current tenancy schedule generates a combined rental income of $5,280 per week across nine units, equating to approximately $274,560 per annum
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Property Details for 33-35 Boodera Rd, Palm Beach

33-35 Boodera Rd, Palm Beach is a 17 bedroom, 9 bathroom BlockOfUnits with 9 parking spaces. The property has a land size of 1060m2. The place is currently for sale with Kollosche.

Building Type
BlockOfUnits
Land Size
1060m2
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. There are 12 parks, covering nearly 16.0% of the total area. The population of Palm Beach in 2016 was 14654 people. By 2021 the population was 16349 showing a population growth of 11.6% 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 2021, 60.60% of the homes in Palm Beach were owner-occupied compared with 55.20% in 2016.

Palm Beach has 10,721 properties. Over the last 5 years, Houses in Palm Beach have seen a 60.46% increase in median value, while Units have seen a 68.59% increase. As at 31 July 2026:

  • The median value for Houses in Palm Beach is $2,152,258 while the median value for Units is $1,194,384.
  • Houses have a median rent of $1,150 while Units have a median rent of $850.
There are currently 120 properties listed for sale, and 41 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 554 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Contact agent
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James Roberts
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Corey Eleveld
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Kollosche
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.