OFF MARKET

1/1358 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 170m2
Land area: 104m2
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Property Details for 1/1358 Gold Coast Hwy, Palm Beach

1/1358 Gold Coast Hwy, Palm Beach is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2003. The property has a land size of 104m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Townhouse
Year Built
2003
Floor Size
170m2
Land Size
104m2
Local Government
Gold Coast City
Lot/Plan
1/SP157396

Last Listing description (August 2021)

Without a doubt, Palm Beach would have to be best described as the "king of cool". Palmy, as it is affectionately known, has a huge range of bars and eateries filling up every available space, the beaches compared to Burleigh and Currumbin are quieter and there's a wide range of boutique shops to explore. Burleigh National Park is just a short 1km stroll and adjoining Tallebudgera Creek is exceptional with many learning to paddleboard, kayak, and sail on this crystal clear wide body of water.

Owning a duplex and having the ease of a central Gold Coast location, "did i mention across from the beach?" and with fantastic rental returns low maintenance this is a "no brainer". The property is in fantastic condition and ready for you to occupy.

The split-level design and lofted ceilings in the main living room captures plenty of light and sea breezes. From your main bedroom the outlook from the private balcony frames a sneak peek view of what you can expect just a short 150 metres away, with golden sands, breaking waves and tropical pandanus palms in the distance.

When size matters to you this duplex ticks all the right boxes, ideal for low maintenance family living, leasing or even AirBNB. Get ready to make a fortune!

So what are you waiting for? Come and meet me at the property at the next open home.

* Total duplex land allotment 413sqm
* 4 bedrooms
* 2.5 bathrooms (3 toilets)
* 3 car parking (1 single garage + 2 tandem + shade sails)
* Option to increase parking to 4 cars
* Air conditioned (1 x living 1 x main bedroom)
* 9 foot ceilings in main living area
* Covered entertaining patio and room for market garden
* Fenced side and rear
* Space for pets
* Insurance Only - No Body Corp
* Outstanding returns $900 per week (single rooms expect $220 per week Master Bedroom $320)

Outgoings
* Council Levies: 6 monthly $1,245.35 - January to June 2021
* Water Levies: $350 to $400 per quarter
* Insurance Only: $787.45 (your share)

Distances from 1358 Gold Coast Highway
* Palm Beach State School 400m (Primary)
* Palm Beach Currumbin State School 3.3 km (High School)
* Beach 160 metres 2 min walk
* Tallebudgera Creek & Surf Club 10 min walk
* Burleigh Heads National Park 10 min walk 1 Km
* Local Parks surround property
* Rio Marlin Park Boatable Water access for fishing, standup paddle boarding, kayaking 650m 5 min walk
* Burleigh Heads Point 3 km 6 min
* Airport 8.8km 12 min drive

Just a few examples...Local cafe/ restaurants bars
* Watson Bloom 1073 Gold Coast Highway- serving up exeptional brews and plant based treats
* Patty Smiths - Tasty hand pressed burgers and homemade fries
* Las Palmas - brings Latin America to Palm Beach, mouth watering meals and fresh cocktails to match

Property History for 1/1358 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$920,000
20 Aug 2021
Listed for Rent
$650/w
31 Jul 2017
  • 20 Aug 2021
    Sold for $920,000
  • 22 Jul 2021
    Listed for Sale AUCTION
  • 05 Sep 2020
    Sold for $700,000
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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 10,400 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.
There are currently 72 properties listed for sale, and 37 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 493 properties were sold in the past 12 months in Palm beach.

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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.