11/1072 Gold Coast HighwayPalm Beach QLD 4221
Property Details for 11/1072 Gold Coast Hwy, Palm Beach
11/1072 Gold Coast Hwy, Palm Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Palm Beach in the last 12 months.
Last Listing description (August 2024)
COZY STUDIO APPARTMENT - 150M TO THE BEACH
Here's your chance to secure your own piece of real estate paradise on the southern end of the Gold Coast. Just a stone's throw to the golden sands and patrolled beaches at popular Palm Beach. So close to the ocean, you can hear the waves rolling in.
An ideal lock-up and go hideaway, single person pad, FIFO worker, or savvy investor looking to get into the bustling Palm Beach market.
Close to public transport, Currumbin Estuary and Palm Beach, walking distance to shops, restaurants, cafes, public transport.
Opportunities to snap up prime location real estate at an affordable, low entry, price point are extremely rare, so act quickly.
Features:
- Easy to clean, tiled open plan living/dining area and storage facilities
- Stainless steel dishwasher, wall oven, microwave, 2 burner cook top
- Bathroom with vanity and shower
- Air-conditioning and ceiling fan
- First floor with balcony
- Security screens
- Private inground pool
- Remote control security gated undercover parking
- Low Body Corporate
- Complex of only 16
- Prime location, positioned on a large 818m2 corner block
- Property Built 2002
VACANT POSSESSION
Tuesday 8th October 2024
NEW RENTAL ESTIMATE
* Updated rental appraisal $450PW - $500PW
OUTGOINGS
*Bodycorp inclduign sinking fund fees $47.98PW
*Council rates $2,394.25 per 1/2 year
*Water rates $348.23 per 1/4
* approximate
This abode is an ideal winter escape base, an affordable beach-side home, or smart addition to your investment portfolio. An exceptional beachside lifestyle opportunity and excellent value for money.
This complex also offers a fantastic development opportunity with only 16 units in total set upon a large 818m2 block.
A fantastic location, at a low level price point, take action, make your offer, and buy today.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 11/1072 Gold Coast Hwy, Palm Beach, QLD 4221
- 17 Aug 2024Sold for $370,000
- 08 Aug 2024Listed for Sale SOLD BY GAV & SAM TEAM TREWIN @ COASTAL
- 27 Jul 2020Listed for Rent $300 / week
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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 10,404 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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