20 Twenty Eighth Avenue, Palm BeachQLD 4221

Listing data updated 15 June 2026

Discover the ultimate blend of immediate lifestyle appeal and extraordinary future rewards at this premier Palm Beach address. Situated on a 405m² allotment with a coveted north-facing frontage to Twenty Eighth Avenue, this property is a rare find for savvy investors, developers, and beach-loving families alike. The true crown jewel of this offering is its Medium Density zoning and impressive 29m Height Limit. This provides massive future development upside, allowing you to capitalise on the high demand for luxury vertical living in one of the Gold Coast’s most sought-after pockets. Whether you choose to live in, land-bank, or redevelop, the potential here is high. The existing residence is designed for flexibility and space, featuring: - A primary 2-bedroom house with kitchen and living areas with a secondary dwelling providing dual-income rental streams - Separate external studio serves as a private fourth bedroom or a quiet home office/creative retreat - Total internal building area of approximately 164m² complemented by 78m² of external space designed to capture the coastal breeze Key Property Highlights: - 405m² Block with 10m Street Frontage - 4 Bedroom Dual Living Home - Medium Density Zoning with 29m Height Limit (with potential to achieve 50% via an uplift process) - Indicative rental return of $1,200 - $1,300 per week (if separately tenanted) Please note this property is For Sale via Expression of Interest. Comparable Sales are available upon request. Inspections are available by private appointment only to qualified buyers. Please contact Luke Reaby for further information - 0417 888 411 luke@gvpropertygroup.com Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.