Tiny block of land close to beach sets new record for state

Tiny block of land close to beach sets new record for state

A block of land seconds from the beach on the Gold Coast has set a new price record.The plot in Palm Beach went for $750,000, making it Queensland's most expensive vacant land.The 125sqm corner block has development approval, with the old house on the plot about to be demolished.READ MORE: Glimmer of hope for struggling AussiesThat makes the land worth $6000 per square metre, which is the most ever paid for a vacant residential 'dry' block - a …