SOLD
RECENT ADVICE
Sold on 02 Sep 2024 for $945,000

1301/10 Fifth Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 1301/10 Fifth Ave, Palm Beach

1301/10 Fifth Ave, Palm Beach is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Palm Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
1301/SP189103

Last Listing description (September 2024)

This ocean-view haven boasts 3 generously appointed bedrooms, with the master offering a front-row seat to ocean views, while the other two bedrooms showcase mesmerising sunsets over the hinterland.

Providing 2 garage spaces along with a very large storage cage.

Distinguished features of this residence include:

- A trio of bedrooms, with the master suite featuring an ensuite, built-in robe, and balcony access offering ocean and skyline views to the east and north.
- A gourmet open-plan kitchen with a dishwasher, electric oven, and gas cooking.
- Hybrid timber flooring throughout plus fresh paint and brand new fans
- Ambient air-conditioning plus ceiling fans in every room.
- A spacious northeast-facing entertaining balcony.
- Internal laundry facilities for added convenience.
- 2 secure garage spaces in the basement, complemented by a sizable storage cage 4.5 x 1.9m
- Immerse yourself in the resort-style amenities, including a 25m in-ground pool, a heated spa, and a rooftop barbecue area providing unparalleled views of the Coast and hinterland.
- The secure intercom building with basement parking, just steps away from the lift, ensures both security and accessibility.

Rental return: Approximately $950 - $1,050 per week.
Body corporate: Approximately $179 per week which includes building insurance
Rates: Approximately $1,700 per year.
Water: Approximately $1,200 per year.
The Pavilions at Palm Beach boasts solar power, funding all common area electricity, attesting to its commitment to sustainability.

As for the location, Palm Beach stands as a premier real estate haven on the Gold Coast, offering not just a home but a strategic investment with abundant growth potential. Excitingly, the newly redeveloped Palm Beach Aquatic and Community Centre is set to open its doors in late 2024.

Embrace the epitome of coastal living at The Pavilions, strategically positioned across from the beach and surrounded by an array of shops, cafes, restaurants, and fitness centres. Enjoy swift access to the Gold Coast International Airport and the M1 motorway.

Whether you seek a lucrative addition to your property portfolio or the perfect haven to call home, this residence at The Pavilions is a stellar opportunity that beckons with open arms. Seize the moment and make this slice of paradise yours!

Contact Sarah Drew today on 0444 555 144 as this property won’t last long.

Property History for 1301/10 Fifth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$945,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $945,000
  • 26 Aug 2024
    Listed for Sale Offers over $899,000
  • 05 Oct 2007
    Sold for $560,000

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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.

Suburb Insights for Palm Beach 4221

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Contact agent
Sarah Drew
Show contact details
Drew Property Group
Preferred contact:
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.