452 Cypress Terrace N, Palm Beach, QLD 4221 | House for sale | OnTheHouse
 
FOR SALE
Auction Friday 25th September (If Not Sold Prior)

452 Cypress Terrace N
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 670m2
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DA-Approved Site for Three Luxury Residences with Private Plunge Pools
Presenting an exceptional development opportunity in a prized Palm Beach location, this level 670m² site comes complete with Development Approval for a boutique triplex comprising three contemporary three-bedroom residences, each featuring its own private plunge pool.
With the approval process already complete, developers and investors can capitalise on a thoughtfully designed project in an area renowned for strong buyer demand and an enviable coastal lifestyle. Positioned approximately 550 metres from Tallebudgera Creek and the beach, the site combines outstanding development potential with exceptional everyday convenience.
The existing lowset brick home provides holding-income potential while plans for the development progress. Currently returning $800 per week, the residence includes three bedrooms, one bathroom, a functional kitchen with breakfast bar, open-plan living and dining, plus a generous backyard with dual-gate access.
Residents will enjoy being within walking distance of sporting facilities, cafe's, parks, Palm Beach Primary School and Tallebudgera Surf Club. The calm waters of Tallebudgera Creek and the nearby surf beach offer endless opportunities for swimming, stand-up paddleboarding, fishing, boating and surfing.
Palm Beach and Burleigh's thriving dining precincts are approximately five minutes away by car, while Burleigh Head National Park, Palm Beach-Currumbin State High School and Gold Coast Airport are also within easy reach.
With a DA-approved luxury triplex scheme, an existing rental return and an outstanding coastal position, this is a compelling opportunity to secure and develop in one of the southern Gold Coast's most sought-after lifestyle locations.
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Property Overview:
• DA-approved development site in a sought-after Palm Beach location
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Property Details for 452 Cypress Tce N, Palm Beach

452 Cypress Tce N, Palm Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 670m2. The place is currently for sale with Ray White Burleigh Group South.

Building Type
House
Land Size
670m2
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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 10,723 properties. Over the last 5 years, Houses in Palm Beach have seen a 54.88% increase in median value, while Units have seen a 60.63% increase. As at 31 August 2026:

  • The median value for Houses in Palm Beach is $2,168,939 while the median value for Units is $1,183,367.
  • Houses have a median rent of $1,200 while Units have a median rent of $850.
There are currently 136 properties listed for sale, and 25 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 522 properties were sold in the past 12 months in Palm beach.

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Jared Malan
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Mishka De Klerk
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Ray White Burleigh Group South
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