51 Third Avenue,

Palm Beach

A brand new masterwork by ShoreDan Projects, this state-of-the-art Mediterranean-style property presents an exceptional dual-income investment with a combined rental return of $3,700 per week. Occupying a premier corner block just 500m to the beach, this rare offering comprises two separate high-end residences (Main House and Guest House), with landscaped gardens and luxurious mineral swimming pool. A rare, turn-key addition to any portfolio, offering immediate cash flow and long-term capital growth in a high-demand lifestyle location.

• The ultimate family compound or rare double investment opportunity
• Two separate luxury villas with private access on an expansive corner block
• Four bedroom Main House features limestone tiles, Mediterranean render
• Superb entertainer's layout with built-in outdoor kitchen, magnesium pool
• High-end Smeg appliances, inc. dual oven and Butler's Pantry in the kitchen
• Exquisite top floor parents retreat with bespoke cabinetry, his 'n hers robes
• Fully 'Smart' home with Hikvision security system, intercom and lift provision
• Separate two bedroom 'Guest House' with keyless entry, quality tapware
• Outdoor showers and solar systems to each house, lush tropical landscaping
• Full suite of extensive inclusions available upon request
• Option to live in one villa and lease the other, excellent dual income potential
• Steps to Third Base cafe, Philippine Ave shops, short walk to the beach
• Rent: Main House: $2,400 per week and Guest House: $1,300 per week