6 Tallebudgera Dr, Palm Beach, QLD 4221 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Auction Friday 25th September (If Not Sold Prior)

6 Tallebudgera Dr
Palm Beach QLD 4221

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 549m2
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Auction Time
Fri 25 Sep 10:00 am
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Blue-Chip Beachside Investment with Immediate Income and Development Potential
Combining an unbeatable coastal location with immediate income and compelling future development upside, this is the blue-chip investment opportunity you've been waiting for. Situated just 180m from the beach and 450m from Tallebudgera Creek (approx.), the prime 549m2; corner allotment hosts a classic tri-level brick unit block. Comprising six individually leased two-bed one-bath apartments on one title, they deliver an impressive gross rental income of approx. $205,000 per annum. Adding another layer of appeal, the high-density site presents significant longer-term redevelopment potential, with scope for four townhouses or a
medium-rise development (STCA).
Equally enticing is the lifestyle-rich location. Stroll to tranquil Tallebudgera Creek to SUP, fish or kayak or swap the still waters for the nearby surf. Local cafes, parks, sporting amenities and Tallebudgera SLSC are also within walking distance, plus cross the bridge to connect with the scenic trails that meander through Burleigh Head National Park. The vibrant dining and shopping precincts of Palm Beach and Burleigh are just a short drive away too, with Gold Coast Domestic and International Airport approx. 15 minutes by car.
Whether retained for its strong income stream or held for future gain, this is your rare chance to secure an established income-producing asset with lucrative development potential. Don't delay, inspect today!
Property Specifications:
• Outstanding investment opportunity in an unbeatable coastal location, underpinned by strong capital growth and development potential
• Entire classic brick unit block spanning three levels, offered for sale on one title
• Prime 549m2; corner allotment just 180m from the beach and 450m from Tallebudgera Creek (approx.)
• Complex comprises six individually leased 2-bed, 1-bath apartments with shared entry balconies, a single garage plus off-street driveway parking
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Property Details for 6 Tallebudgera Dr, Palm Beach

6 Tallebudgera Dr, Palm Beach is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 549m2. The place is currently for sale with Ray White Burleigh Group South.

Building Type
BlockOfUnits
Land Size
549m2
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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 10,714 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 28 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 544 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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