18/1444 Gold Coast HighwayPalm Beach QLD 4221
Property Details for 18/1444 Gold Coast Hwy, Palm Beach
18/1444 Gold Coast Hwy, Palm Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 838m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Palm Beach in the last 12 months.
Last Listing description (June 2024)
Don't miss this opportunity to secure your new home or investment in one of the most popular spots on the Gold Coast, Palm Beach.
Tucked away on the upper level of this 2-storey walk-up complex you will find Unit 18, a studio-style unit that is just as neat as a pin and also comes with a secure car park.
Originally built as a motel, this complex has been built to last, is still in great condition and is just minutes to the beach. There is a great tenant in place paying $370 per week (leased until July 24) and a low body corp of just approx $37 per week, making it ideal for the buyer looking to enter the market on a budget or the astute investor looking to add to their portfolio
COMPLEX FEATURES:
* Secure building with just 28 units
* Shared in-ground swimming pool
* Pet friendly
* Located on the public transport route
STUDIO APARTMENT FEATURES:
* Open plan layout
* Kitchen / combined laundry
* Separate bathroom
* Split system air-conditioning
* Ceiling fan
Inclusions:
* Bed
* Washing machine
* Dishwasher
* Refrigerator
* Cooker
Rates:
Body Corporate: $37 per week
Rates: $2,248 annually
Water: $1,080 annually
LOCATION:
* 2-minute walk to the beach
* 5-minute walk to a range of popular cafes and restaurants
* 8-minute drive to The Pines Shopping Centre
* 10-minute drive to Burleigh Heads
* 12-minute drive to Gold Coast International Airport
* 1-hour drive to Byron Bay
* 1-hour drive to Brisbane / Brisbane Airport
With the Gold Coast market so hotly contested at the moment, opportunities like this just won’t last long!
Disclaimer:
In preparing this information, we have 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 buyers should make their own enquiries to verify the information contained herein.
COVID-19:
Please note that we have been required to make some changes to our inspection processes as we continue to adhere to COVID-19 regulations. We must ask all guests to;
1. Please maintain social distancing (at least 1.5 m) from anyone else attending the inspection, including the First National Mudgeeraba Agent
2. Please refrain from touching anything within the property
3. Unvaccinated people may be at the inspection. Please request a private appointment if this is unsuitable.
Please do not attend an inspection if you have:
1. Tested positive to, or have symptoms associated with COVID-19
2. Recently been in contact with someone diagnosed with COVID-19
3. Recently been overseas or agreed to any self-isolation conditions
If you are unable to attend the property but are still interested, please contact the agent and they will advise you of the best way to proceed.
Property History for 18/1444 Gold Coast Hwy, Palm Beach, QLD 4221
- 25 Jun 2024Sold
- 26 Oct 2023Sold for $365,000
- 13 Oct 2022Listed for Sale Offers Over $365,000
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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 10,404 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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