200 Townson Avenue Palm Beach QLD 4221

688m² block|4 bed family home|Est. $2.77m value|500m to beach|Renovated single-level house on a 688m² lot suits families prioritizing easy coastal access and school catchments. This property delivers practical single-level living with a pool and open alfresco on a generously sized block for Palm Beach standards, where lots over 650m² remain scarce amid ongoing densification. Its 53% building coverage leaves room for future expansions, appealing to buyers who value flexibility without immediate overcapitalization. Positioned in a street with recent sales from $1.85m to $2.7m, it aligns mid-to-upper range, bolstered by three car spaces in an area where parking constrains larger households. Families drawn to Palm Beach State School and Currumbin High catchments often target such homes, favoring renovated interiors over dated rebuilds. Local market data shows similar four-bedroom houses on 600m²+ lots holding value steadily, with rental yields around $1,500 weekly underscoring low vacancy risks. The flood overlay warrants due diligence, yet low ground elevation and no bushfire concerns mitigate broader holding risks. Long-term, the beach proximity and residential zoning cement its appeal as a hold in a suburb where land scarcity drives 4% annual appreciation for comparables. Overall, it positions as a low-maintenance entry to premium family living with scope for personalization.