A truly rare and significant development opportunity in one of Palm Beach's most tightly held pockets.

Spanning an impressive 1,257m2 of combined medium-density land, this amalgamated site offers unmatched exposure, dual street frontage, and the potential for ocean views from just three levels up.

Positioned with a commanding corner aspect, the property enjoys outlooks up Laceys Lane and is surrounded by established high-quality apartment buildings. Smaller blocks along the Gold Coast Highway have already seen 9-storey developments, confirming the strong precedent and potential for future growth and uplift.

Set just moments from the beach, Palm Beach's vibrant dining precinct, and major transport routes, this site presents the perfect canvas for a landmark residential or mixed-use project in a blue-chip coastal location.

Site Breakdown
- 1048-1050 Gold Coast Highway, Palm Beach
- Land Area: 824m2
- Frontage: 20 metres to the Gold Coast Highway
- Zoning: Medium Density Residential (RD5)
- Prominent corner position with dual access and strong visual exposure

2 First Avenue, Palm Beach
- Land Area: 433m2
- Frontage: 20 metres to First Avenue
- Zoning: Medium Density Residential (RD5)
- Existing dwelling onsite, offering immediate rental income while planning progresses

Key Highlights
- Combined land area of 1,257m2
- Medium Density Residential zoning (RD5)
- Ocean views achievable from three levels
- Dual street frontage and corner exposure
- Moments to cafes, shops, and Palm Beach's shoreline
- Surrounded by established boutique and high-rise developments
- Outstanding development potential in a proven high-demand corridor



For further information, due diligence materials, or to arrange an inspection, please contact:

Sean Weill: 0432 749 677
Omar Mian: 0428 553 883

Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.