117 Leyte AvenuePalm Beach QLD 4221
Property Details for 117 Leyte Ave, Palm Beach
117 Leyte Ave, Palm Beach is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 531m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in January 1993.
Last Listing description (February 2019)
Auction Location: Currumbin RSL, Currumbin.
Parcels of land of this size are becoming rare in Palm Beach. Lifestyle and location are second to none when it comes to this property investment just a short stroll to the beach.
Pick up your surfboard and walk across the highway to surf Lacey's Lane or Currumbin Alley, paddle board the still water estuary at Palm Beach Parklands just meters from your door or grab the fishing rod and head to the Laguna Lake one street behind you.
- 3 bedrooms plus a sleep out/ office, 1 bathroom with single lock up garage and single carport
- Timber floorboards throughout
- Large 532 sqm block perfect for the kids and pets to play
- The perfect lifestyle investment opportunity
Location:
- 5 minute walk to the beach
- 2 minute walk to Laguna Park & playground
- Within walking distance to public transport and sporting fields
- Walking distance to Burgster Cafe and Bar, the convenient store plus more
- 6 minutes to the Gold coast Airport, located within the PBC catchment area
Investment Income:
- Tenants in place until 12/5/2019
- $650 per week
Council Rates :
- approx $1,480 paid per 1/2 yearly
Development Potential:
This site is zoned Medium Density RD4, allowing 1 dwelling per 200 sqm, so a dual occupancy would be a straightforward application with very good prospects for success.
This is a highly sought after pocket of Palm Beach & land this size close to the beach are as rare as hens teeth! Don't miss out on this investment opportunity!
Auction Details:
Location: Currumbin RSL, Currumbin.
Date: 30th January 2019
Time: 5.30pm
Property History for 117 Leyte Ave, Palm Beach, QLD 4221
- 30 Jun 2020Sold for $800,000
- 12 Nov 2018Listed for Sale Not Disclosed
- 04 May 2017Listed for Rent - Price not available
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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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