4/24 Tallebudgera Drive, Palm Beach QLD 4221

Private internal lift across four levels | north-facing rooftop with plunge pool | 350m to beach and creek | rare configuration in Palm Beach strata This property presents a genuinely uncommon configuration for Palm Beach strata — a four-level residence with a private lift, rooftop entertaining deck, and magnesium plunge pool. For buyers seeking a lock-and-leave coastal home that rivals a freestanding house in amenity, the internal lift and north-facing orientation are structural advantages that reduce the trade-offs typically made in multi-level apartments. The chef’s kitchen with butler’s pantry and 3-meter raked ceilings elevate the interior beyond standard duplex finishes. This property serves best as a primary residence for a professional couple or small family who value beach proximity and entertaining space without land maintenance. The flood overlay is the primary risk and should be investigated through council flood mapping and insurance quotes before proceeding — it may affect lending terms and resale pool. The 267 m² land area is modest for the price band, and the 2022 sale history suggests limited capital growth in the short term. However, the rental yield at $1,400 per week is strong for the segment, and the property’s uniqueness in configuration provides a buffer against standard strata depreciation. Hold this as a lifestyle home with rental flexibility, not a short-term flip.