FOR SALE
$889,000

1/1187 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Almost Beachfront - Ground Floor Unit

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Imagine living this close to the beach, without having to pay the crazy-high beachfront prices.
This ground floor beachside apartment is nicely renovated, so there's nothing to do but move in and start enjoying a fabulous coastal lifestyle.
The unit is only metres from the beach and within easy walking distance to the Palm Beach Surf Club, bars, cafes, restaurants, and the vibrant retail precinct.
The well-maintained complex of just 24 units offers a range of amenities, including a sparkling pool, BBQ area, mini tennis court, and secure underground parking, making it an attractive destination for both short and long-term tenants.
Storing some of life's extra things like pushbikes, surfboards and various other bulky items is catered for you here too.
The two-bedroom, two-bathroom apartment is perfect for those looking to invest in a highly sought-after location. The option exists for you to live in the apartment, to rent it out on a permanent basis or as holiday accommodation for additional income between the times you use it yourself.
- Located just steps away from the pristine white sands of Palm Beach
- Easy level walk to the surf club, and the Palm Beach entertainment retail hub
- Public transport out front
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Property Details for 1/1187 Gold Coast Hwy, Palm Beach

1/1187 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with LJ Hooker Southern Gold Coast.

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Unit

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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Palm Beach has 10,434 properties. Over the last 5 years, Houses in Palm Beach have seen a 93.66% increase in median value, while Units have seen a 101.55% increase. As at 31 July 2024:

  • The median value for Houses in Palm Beach is $1,769,482 while the median value for Units is $945,461.
  • Houses have a median rent of $995 while Units have a median rent of $750.
There are currently 58 properties listed for sale, and 49 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 519 properties were sold in the past 12 months in Palm beach.

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Ethan Mcgowan
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Rob Cinelli
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LJ Hooker Southern Gold Coast
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