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51 Japonica Drive, Palm Beach QLD 4221

Offers Over $1,200,000

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$1.2M - $1.26M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 346 m²

Listed: 5 days ago

Overview

Set within a tranquil and family-friendly enclave of Palm Beach, this 346 square metre property offers a rare blend of immediate income potential, comfortable living, and promising future development options. The current residence is a well-maintained two-bedroom home, complemented by a separate, self-contained studio which together provide a combined rental return of approximately $1,350 per week. This arrangement makes the property attractive to investors seeking steady income streams, or to homeowners interested in supplementing their coastal lifestyle with rental earnings.

Adding significant value to the offering is the approved Development Application for a modern four-bedroom, three-and-a-half-bathroom freestanding residence designed by distinguished architect Allan Amores. The plans emphasize spacious, open-plan living and seamless indoor-outdoor entertaining spaces, ensuring a home that embraces the natural surroundings and caters well to contemporary coastal living. This future home would be ideal for families or those desiring generous living areas close to popular beaches and local amenities.

Location is a key feature of this property: situated in the highly sought-after northern end of Palm Beach, residents enjoy close proximity to Tallebudgera Creek, Burleigh Head National Park, and the vibrant village atmosphere of Burleigh Heads. The area is known for its beaches, cafés, restaurants, and scenic walking trails, providing a rich outdoor and social lifestyle.

Further practical benefits include private driveway access separate from neighbouring properties and convenient travel links to Palm Beach, Burleigh Heads, the M1 motorway, and Gold Coast Airport. This rare combination of lifestyle, income, and development flexibility makes 51 Japonica Drive a compelling acquisition for a diverse range of buyers.

Local Market Insights

In Palm Beach, Quiet Listings observed 43 new houses entering the market over the last 30 days, up from 29 during the previous 30-day period, with an average advertised asking price of $1,890,605. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (26%), and units (9%). The most active agency for houses in the Palm Beach area is currently Ray White, representing 28% of new listings, followed by McGrath Estate Agents with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.