For Sale

1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221

Best & Final Offers by November 9th

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Parkings

Published on Friday, October 23, 2026 ( See property details for 1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221)

Best & Final Offers by November 9th

Sean Lewis Sales

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Lochie Torpy Sales

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare coastal investment opportunity featuring a dual-income duplex on a prime corner in Palm Beach with future redevelopment potential.

🏡 Property Highlights

Prime corner allotment in tightly held creekside Palm Beach
Exceptional location just 50 metres from Murlong Park and Tallebudgera Creek
Existing duplex with dual rental income potential
Opportunity for future redevelopment with potential for a fourth storey
Flexible purchase options for one or both residences
Close to golden sands of Palm Beach and local amenities

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Dual Living
Water tank
High energy efficiency
Floorboards
Security Screens / Gates
Fully fenced
Outdoor Area

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1&2/43 Tallebudgera Drive

Palm Beach, QLD 4221

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Suburb and Property Insights of Palm Beach, QLD 4221

Palm Beach offers a vibrant coastal lifestyle with pristine beaches, lush parks, and a relaxed community atmosphere. Its prime location provides easy access to waterfront activities, local cafes, and shopping precincts. The area is highly sought after for its natural beauty and potential for future growth. With excellent walkability and proximity to parks and waterways, Palm Beach is ideal for both investors and families seeking a relaxed yet vibrant coastal environment.

Frequently Asked Questions

What is the current condition of the duplex, and are there any renovations needed?

The duplex is in a functional condition, with potential for updates or renovations to enhance its value and appeal.

What are the future redevelopment possibilities for this property?

The property is zoned for medium density residential use with a three-storey height overlay, allowing for a potential fourth storey and multiple dwelling development subject to council approval.

Are there any restrictions or covenants affecting the property?

The property is subject to the Medium Density Residential Zone and RD5 Residential Density Overlay, which guide development potential and restrictions.

What are the nearby amenities and lifestyle features?

The property is close to Murlong Park, Tallebudgera Creek, Palm Beach's beaches, cafes, and local shops, offering a relaxed coastal lifestyle.

Is there potential for additional income or future subdivision?

Yes, the existing duplex offers dual rental income, and future redevelopment or subdivision is possible subject to council approval.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could limit future development or subdivision? What are the council requirements and approval processes for building a fourth storey? Are there any easements, covenants, or encumbrances on the property that could affect redevelopment? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any upcoming council or community plans that could impact the neighbourhood or property value? What are the current council rates, and are there any additional levies or fees for redevelopment? Is there any existing damage or defects in the duplex that require repair? Are there any restrictions on short-term rentals or Airbnb use in this zone? What are the potential costs involved in future redevelopment or subdivision? Are there any nearby construction or development projects that could impact the property’s value or livability?

1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221 - More Details

Best & Final Offers by November 9th

Offered to the market for the first time in 35 years, 43 Tallebudgera Drive presents an exceptionally rare opportunity to secure a prime corner allotment in one of Palm Beach's most tightly held creekside pockets.

Positioned approximately 50 metres from Murlong Park and the pristine waters of Tallebudgera Creek, with the golden sands of Palm Beach within easy walking distance, this outstanding location captures the very best of coastal living.

Currently configured as a duplex comprising two separate two-bedroom residences, the property offers immediate dual rental income potential alongside exciting future redevelopment possibilities. Buyers have the rare opportunity to purchase one or both residences, presenting flexibility for investors seeking an individual holding or those looking to secure the entire property for future potential.

Situated within the Medium Density Residential Zone, the property benefits from a three-storey building height overlay, with potential for a fourth storey through an impact-assessable development application, subject to council approval.

Whether you're seeking a dual-income investment, exploring future redevelopment or looking to secure a long-term holding in an irreplaceable coastal location, opportunities of this calibre rarely become available.

Property & Investment Highlights:
• Existing Duplex Comprising 2 x 2-Bedroom Residences
• Opportunity to Purchase One or Both Residences
• Dual Rental Income Potential
• Approx. 50m to Murlong Park & Tallebudgera Creek
• Opportunity to Invest Now & Explore Future Redevelopment

Development Potential
• Medium Density Residential Zoning
• RD5 Residential Density Overlay
• Prominent Corner Allotment
• 3-Storey Building Height Overlay
• 4th Storey Potential, Subject to Impact Assessment & Council Approval
• Multiple Dwelling Development Potential (STCA)

A rare combination of location, income and future potential, 43 Tallebudgera Drive represents an outstanding opportunity in the heart of Palm Beach.

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.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 4

Map & nearby places — 1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221

Explore 1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221 in 3D

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Costs and returns

Work out what this home could cost you, or earn you, using your own numbers. The calculators run in your browser and keep nothing you type.

School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

Marymount Primary School Catholic primary school, Prep-6, co-ed
Marymount College Catholic secondary school, 7-12, co-ed

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1&2/43 Tallebudgera Drive, Palm Beach, Qld 4221

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