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28 Mallawa Drive, Palm BeachBest \u0026 Final Offers by July 20th
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28 Mallawa Drive

Palm Beach, QLD 4221, Australia
Offers over
5 bed 3 bath 2 car734 m²

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About this property

Properties of this calibre are becoming increasingly difficult to secure. Occupying an oversized 734sqm waterfront allotment with a prized north-east aspect and approximately 15.9 metres of private sandy beach frontage, this is an exceptional opportunity to secure a prime waterfront holding in one of Palm Beach's most exclusive enclaves. Whether your vision is to enjoy the beautifully maintained residence, renovate to suit your lifestyle or create a brand-new waterfront home (STCA), the enduring value lies in the irreplaceable combination of land, location and lifestyle. Opportunities offering this level of flexibility, waterfront living and long-term potential are becoming increasingly rare. The existing two-storey residence offers five bedrooms, three bathrooms and multiple living areas, with open-plan living extending through bi-fold doors to a covered alfresco overlooking the pool, expansive backyard and private sandy beach. Complete with secure boat or caravan storage, the home is perfectly equipped for relaxed waterfront living. Just moments from Tallebudgera Creek, surf beaches, cafés, restaurants and quality schools, this is an increasingly rare opportunity to secure a premier waterfront address with the flexibility to enjoy today and realise its full potential for years to come. Property Features: • Oversized 734sqm waterfront allotment with prized north-east aspect • Approximately 15.9 metres of private sandy beach frontage • Exceptional opportunity to renovate, rebuild or enjoy immediately • Beautifully maintained two-storey residence with five bedrooms and three bathrooms • Multiple living areas designed for growing families • Open-plan kitchen with stone benchtops overlooking the waterfront • Seamless indoor-outdoor connection via bi-fold doors • Premium Centor retractable fly screens fitted to the downstairs living areas • Balinese-inspired covered entertaining pavilion • Sparkling swimming pool surrounded by tropical gardens • Expansive waterfront lawn ideal for children and pets • Spacious master retreat with walk-through robe, ensuite and private balcony • Double lock-up garage with additional storage • Secure off-street parking suitable for a boat or caravan • Solar power, plantation shutters, ceiling fans and air-conditioning throughout • Quiet waterfront position moments from Tallebudgera Creek, surf beaches, cafés, restaurants and schools 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.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
734 m²
Listed
1 week ago

Repayment calculator

$10,399/month
$5,199 /fortnight
Loan $1,716,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$429,000
Stamp duty$103,863
Conveyancing (est.)$2,000
Total upfront$534,863
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Palm Beach

This 5-bedroom house in Palm Beach, QLD 4221 sits within reach of public transport, local shops and nearby schools.

Schools near Palm Beach

  • Palm Beach State Schoolprimary · Prep-6 · CoEd
  • Palm Beach-Currumbin State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Nineteenth Ave near Townson Ave (bus)902 m away
  • Palm Beach Denture Clinic1.8 km away
  • Rio Marlin Park719 m away
  • Rio Barracuda Park828 m away
  • Rio Kingfish Park942 m away

Palm Beach at a glance

Full suburb profile
Population
16,349
Median age
39
Household income
$1,721/wk
Median rent
$445/wk
Median mortgage
$2,093/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Palm Beach price trend

Median sold · House 5+ bed

Compound growth +11.6% / yr over 4 yrs

$2.78mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Within 5km

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