Prime Palm Beach Opportunity - RD5 Zoned with Exciting Development Potential

Positioned in a sought-after pocket of Palm Beach, 53 Leyte Avenue presents an exciting opportunity for homeowners, investors and developers alike. Set on RD5-zoned land, this property offers the potential to explore a four-pack development, subject to council approval (STCA), making it an appealing prospect in one of the Gold Coast's most desirable coastal suburbs.

The existing three-bedroom, one-bathroom home has been renovated, offering comfortable living or rental income while you plan your next move. The property is also built to the front of the block allowing for second, detached dwelling (proving another option to maximise return outside of a 4-pack). With light-filled interiors, well-sized bedrooms and a functional layout, the property provides immediate utility alongside the opportunity to further enhance, hold or redevelop.

For developers, the site's zoning and sought-after location provide an opportunity to investigate future development possibilities. For investors, it offers the flexibility to generate income today while considering the site's longer-term potential.

Property Highlights:

• RD5 zoning with exciting redevelopment potential
• Potential four-pack development across the block, subject to council approval (STCA)
• Existing three-bedroom, one-bathroom home
• Renovated and offering immediate use or rental potential
• Located in a highly sought-after Palm Beach pocket
• Ideal for developers, investors, owner-occupiers or land bankers
• Combining an established home with exciting future possibilities, 53 Leyte Avenue is an opportunity to secure a foothold in Palm Beach and explore the potential to unlock the property's value.

Inspect today and discover the possibilities.

Inspections

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School catchments

Palm Beach-Currumbin State High School Secondary 7-12 Government 0.18km
Elanora State School Primary Prep-6 Government 0.61km
Currumbin State School Primary Prep-6 Government 0.97km
Elanora State High School Secondary 7-12 Government 2.3km
Palm Beach State School Primary Prep-6 Government 2.4km
St Augustine's Parish Primary School Primary Prep-6 Catholic 2.6km
St Andrews Lutheran College Combined Prep-12 Independent 4.0km
Tallebudgera State School Primary Prep-6 Government 4.4km
Burleigh Heads State School Primary Prep-6 Government 5.4km
Marymount College Secondary 7-12 Catholic 5.4km
Marymount Primary School Primary Prep-6 Catholic 5.5km
Caningeraba State School Primary Prep-6 Government 6.6km
Coolangatta State School Primary Prep-6 Government 7.2km
Hillcrest Christian College - Coolangatta Campus Secondary Independent 7.5km
Mastery Schools Australia - Coolangatta Campus Combined Independent 7.6km
Varsity College Combined Prep-12 Government 7.8km
Gold Coast Christian College Combined Prep-12 Independent 7.8km
The Village School Gold Coast Primary Prep-6 Independent 7.8km
Hillcrest Christian College Combined Prep-12 Independent 7.9km
The BUSY School - Coolangatta Campus Secondary Independent 7.9km
Miami State High School Secondary 7-12 Government 8.2km
Mastery Schools Australia - Varsity Lakes Campus Combined Independent 8.3km
Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Secondary Independent 8.3km
King's Christian College Combined Prep-12 Independent 8.4km
Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 8.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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