OFF MARKET

145/64 Palm Meadows Drive
Carrara QLD 4211

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 4501m2
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Property Details for 145/64 Palm Meadows Dr, Carrara

145/64 Palm Meadows Dr, Carrara is a 1 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 4501m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1997
Floor Size
39m2
Land Size
4501m2
Local Government
Gold Coast City
Lot/Plan
145/BUP106514

Last Listing description (April 2023)

Unique carefree Investment (with perks) Formally known as Mercure Hotel Gold Coast Resort and operated by AccorHotel - Room 5205

Extremely rare opportunity to add this investment in your property portfolio. As an investment (and a few perks) it's important to realize that your investment unit cannot be owner-occupied. It is a short term lease and professionally managed by Mercure, where income is 'pooled' and distributed to all owners. This is a sweet little income percentage over bank interest. The occupancy levels has never been as high as before since the border reopened and covid lock-down lifted. As the Resort pays for all repair and maintenance, unit upgrade/renovation on a regular basis, there is no requirement for you to replace any of the consumable. Body Corporate fees are taken out before distribution of funds. How much stress free can this investment be? The hotel management take care of everything.

Send in your inquiry today. Don't delay any longer your investment portfolio.

Some of the benefits to you as an owner.

- 2 weeks rent at reduce rate per year.

- Up to 50% discounted meals in house.

- Pleasure or business booking you are only 10 mns drive to Surfers Paradise

- Robina Town Centre, sporting stadiums, and theme parks nearby distance!

- Palm Meadows Golf Course for the Golf fan

- 2 outdoor swimming pool - Conference facilities - Tennis courts - Fitness/health centre - Massage/day spa facilities - Broadband Internet access - Restaurant/bar

- Two King sized beds, nicely furnished room as per the Mercure standard of a 4 star hotel deliver.

- To complete the room a Juliette balcony at your door step to enjoy those romantic nigh t and too many more perks to be listed'

*Perks are are to be confirmed with the Hotel management and its' agreement.

**Maeva Properties has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All Pictures shown are for illustration purpose only

Property History for 145/64 Palm Meadows Dr, Carrara, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$95,000
01 Mar 2023
Listed for Rent
$730/w
25 Jun 2013
  • 01 Mar 2023
    Sold for $95,000
  • 14 Feb 2023
    Listed for Sale POA
  • 23 May 2013
    Listed for Rent $730 / week
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About Carrara 4211

The size of Carrara is approximately 13.8 square kilometres. It has 19 parks covering nearly 26.3% of total area. The population of Carrara in 2011 was 11,568 people. By 2016 the population was 12,040 showing a population growth of 4.1% in the area during that time. The predominant age group in Carrara is 50-59 years. Households in Carrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrara work in a professional occupation. In 2011, 66% of the homes in Carrara were owner-occupied compared with 67.6% in 2016.

Carrara has 6,309 properties. Over the last 5 years, Houses in Carrara have seen a 88.90% increase in median value, while Units have seen a 75.12% increase. As at 31 July 2024:

  • The median value for Houses in Carrara is $1,134,709 while the median value for Units is $805,182.
  • Houses have a median rent of $823 while Units have a median rent of $730.
There are currently 62 properties listed for sale, and 21 properties listed for rent in Carrara on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Carrara.

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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.