FOR SALE
Expression of interest by 28-09-2024

71 Laguna Avenue
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 510m2
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Prime Palm Beach Duplex Pair - Investment Opportunity

Seize a rare chance to invest in a prime Palm Beach location with this unique property offering.
Situated on a 519sqm block, this property includes two duplex units on separate titles, (Strata Titled) providing flexibility and potential for future development.
Each duplex features 2 bedrooms, 1 bathroom, and 1 car garage, with one unit currently leased, the other is vacant. This is an excellent opportunity for investors or developers to acquire a property in a highly desirable area, with ample potential for capital growth or redevelopment. Just moments from the beach, and conveniently close to shops, schools, cafes, bus stops, Gold Coast Hwy to Coolangatta Airport or John Flynn Hospital.
Land Features.
- 519 sqm block - RD3 zoning.
- 2 Duplexes on separate titles.
Duplex 1/71
- 2 bedrooms
- 1 Bathroom
- 1 Car space
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Property Details for 71 Laguna Ave, Palm Beach

71 Laguna Ave, Palm Beach is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 510m2. The place is currently for sale with Platinum Realty - Mermaid Beach.

Building Type
DuplexSemi-detached
Land Size
510m2

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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 10,438 properties. Over the last 5 years, Houses in Palm Beach have seen a 96.90% increase in median value, while Units have seen a 111.52% increase. As at 31 August 2024:

  • The median value for Houses in Palm Beach is $1,791,838 while the median value for Units is $976,227.
  • Houses have a median rent of $988 while Units have a median rent of $750.
There are currently 66 properties listed for sale, and 50 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 512 properties were sold in the past 12 months in Palm beach.

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John Cepero LREA
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Alicia Kropkowski
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Platinum Realty - Mermaid Beach
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