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Sold on 19 Jun 2024 - Price Unavailable

1512/10 Fifth Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
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Property Details for 1512/10 Fifth Ave, Palm Beach

1512/10 Fifth Ave, Palm Beach is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Apartment sold in Palm Beach in the last 12 months.

Building Type
Apartment
Floor Size
85m2
Local Government
Gold Coast City
Lot/Plan
1512/SP189103

Last Listing description (June 2024)

Discover your coastal retreat in this stunning ocean-view residence. Featuring 2 beautifully designed bedrooms, the master suite provides ocean panoramas, while the second bedroom offering captivating views of breathtaking sunsets over the hinterland.

Indulge in the renovated gourmet kitchen, with stunning white stone benchtops, dishwasher and lots of cupboard and bench space. This fabulous kitchen is seamlessly integrated with a spacious open plan lounge area with views of the ocean. Sliding doors lead out to the expansive balcony, where you can take in the vistas of the ocean, Currumbin Rock, and the picturesque hinterland. This is coastal living at its finest.

Distinguished features of this residence include:

- 2 spacious bedrooms, master bedroom with ensuite, built in robes and opening to the balcony with ocean views and views of Currumbin Rock
- Second bedroom has mirrored built in robes with superb hinterland views
- Main bathroom with bath and shower
- A renovated gourmet open plan kitchen with stone benchtops, lots of storage, dishwasher, electric oven and gas cooking
- Ambient air-conditioning in the lounge, plus fans in each room
- Sliding doors open out seamlessly connecting to the spacious balcony with stunning view of Currumbin Rock, ocean and Hinterland
- 2 separate basement car spaces in secure building with lift

- 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 $760 - $820 per week. Currently tenanted at $790 per week
- Body corporate: Approximately $165 per week.
- 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 mid 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!

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

Property History for 1512/10 Fifth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
19 Jun 2024
Listed for Rent
$410/w
13 Jul 2015
  • 19 Jun 2024
    Sold for $780,000
  • 24 Apr 2024
    Listed for Sale Sold By Sarah Drew
  • 03 Mar 2016
    Sold for $335,000
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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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Contact agent
Sarah Drew
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Emily Drew
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Drew Property Group
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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.