Rare chance to snap up prime Palm Beach site as lender forces sale

2 Marlin Ct, Palm Beach is going to auction A prime slice of Palm Beach turf holding approved plans for four luxury townhouses has been forced back to market, marking an ultra-rare distressed sale for the Gold Coast’s blue-chip southern strip. The 779sqm corner parcel at 2 Marlin Ct is held by local developer Opal Marlin Pty Ltd, directed by Joel Percey. Ray White Malan + Co agents Brad Payne and Jared Malan are handling the mortgagee-in-possession sale, with the site to go under the hammer on August 22. The site has access to the canals and is close to the beach The site, which sits directly opposite Palm Beach State School and just a short stroll from the sand, secured Gold Coast City Council approval in March for a premium residential project designed by C2 Architecture with lush subtropical greenery by LEAD Landscape Architecture. Rising three storeys to 9.67m, the approved plans detail four sprawling four-bedroom villas with a contemporary coastal aesthetic of white render, bronze metals, and off-white brickwork. Designed squarely for the lucrative downsizer market, each home has a ground-floor double garage, custom bar room, and a 17sqm private courtyard complete with a plung...