1/1306 Gold Coast HighwayPalm Beach QLD 4221
Property Details for 1/1306 Gold Coast Hwy, Palm Beach
1/1306 Gold Coast Hwy, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 95m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.
Last Listing description (June 2024)
The current owner holds the caretaker rights to the 24 Unit complex. The main responsibilities being the maintenance of the building, pool, gardens and performing general administration tasks. The current annual income from the caretaking role is $39,744. The Body Corp fee is approximately $97 per week, covering insurance, while Council rates approximately $1,015.00 every 6 months.Boasting an inground pool complemented by a BBQ area, tropical gardens, and well-kept lawns. Conveniently located just across the road from the beach, it is a brief stroll to the Palm Beach Precinct, where major shops, cafes, and restaurants abound, and approximately 10 minutes away from Coolangatta Airport.
Key Features:
2 Bedrooms
Ceiling fans and air conditioning
Swimming pool
Caretaker's office on title, measuring 21 sqm
BBQ area
Security gated complex with intercom
Located right across the road from the beach and the added income this apartment won't last long call now for more information or call in to on of our open for inspections.
Property History for 1/1306 Gold Coast Hwy, Palm Beach, QLD 4221
- 22 Mar 2024Sold for $710,000
- 19 Jan 2024Listed for Sale $760,000
- 30 Jun 2022Sold for $630,000
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0About 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 10,399 properties. Over the last 5 years, Houses in Palm Beach have seen a 105.32% increase in median value, while Units have seen a 105.82% increase. As at 31 October 2024:
- The median value for Houses in Palm Beach is $1,927,621 while the median value for Units is $988,399.
- Houses have a median rent of $950 while Units have a median rent of $750.
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