OFF MARKET

2/1282 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 52m2
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Last updated 11 Nov 2024
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Property Details for 2/1282 Gold Coast Hwy, Palm Beach

2/1282 Gold Coast Hwy, Palm Beach is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1993. The property has a land size of 52m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Townhouse
Year Built
1993
Floor Size
87m2
Land Size
52m2
Local Government
Gold Coast City
Lot/Plan
2/BUP13227

Last Listing description (September 2020)

Welcome to Palm Beach Villas!

Situated in a small block of only eight townhouses parcelled on 1,238sqm of land with future redevelopment potential and right across the road from the beach. Sun drenched with plenty of natural light plus a well thought out floorplan maximising open plan living from your living and dining area opening out to a large private courtyard area perfect for entertaining family and friends.

Leave the car at home and enjoy starting your days with a fresh dip in the ocean, calming beach walk or enjoy the choice of many popular cafes nearby all within walking distance of your doorstep!

A great opportunity for a first home buyer or great investment property bring solid returns!

Features:
- Perfect for a first home buyer or a great long-term investment with great rental income potential
- Generous sized bedrooms with built ins
- Ceiling fans in both bedrooms and main with air conditioning
- Spacious secure private courtyard area on title off living area
- Well thought our floorplan with open plan living
- Separate laundry + powder room on the ground level
- Single lock up secure garage
- Small block of only eight on a block of 1,238sqm with future development potential
- Located within moments to the beach, Palm Beach CBD, local schooling, Palm Beach SLSC and farmers markets
- Total floor area 122 sqm
- Body corporate levies approx. $36 pw*
- Rental Appraisal $460 - $490 pw
- Council Rates $953 per 6 months*
- Holiday Letting Appraisal $875 pw off peak / $1,225 pw high season

*Approx

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 2/1282 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$475,000
22 Jul 2020
Listed for Rent
18 Nov 2019
  • 22 Jul 2020
    Sold for $475,000
  • 10 Jul 2020
    Listed for Sale Auction
  • 06 Nov 2019
    Listed 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 10,400 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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