FOR SALE
$729K MLR Business + Offers over $900K Apartment

Contact Agent For Address
Palm Beach QLD 4221

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Bathrooms: -
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Land area: 1m2
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PALM BEACH LIFESTYLE + GREAT CASH FLOW

Ideal for a semi retired couple or for a young family seeking a reliable second income stream, this stunning, two bedroom, two bathroom apartment with caretaker's salary plus letting income is exactly what you are looking for!
Holiday every day with a short stroll from your ground floor apartment to the sand and surf of Palm Beach.
A highly sought after locale, Palm Beach continues it's evolution an what is undeniably a renaissance era.
Easy access to public transport, GC International Airport, shopping centres along with many restaurants, coffee shops and local schools, all within a short walk or drive.
Proximity to the M1 makes accessing northern NSW a breeze.
At Beach Palms Resort you will be surrounded by greenery and abundant water aspects giving a feeling of privacy with tranquility in the midst of the PB action and vibe.
Apartment Features
* Master retreat with walk in robe, spacious ensuite
* Generously sized second bedrooms with built in robes
* Chef's kitchen with granite bench tops
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Property Details for Contact Agent For Address, Palm Beach

Building Type
Commercial
Land Size
1m2

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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 10,406 properties. Over the last 5 years, Houses in Palm Beach have seen a 99.94% increase in median value, while Units have seen a 108.39% increase. As at 30 September 2024:

  • The median value for Houses in Palm Beach is $1,869,120 while the median value for Units is $980,182.
  • Houses have a median rent of $955 while Units have a median rent of $750.
There are currently 64 properties listed for sale, and 43 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 511 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Craig Cornish
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RWC Gold Coast
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.