OFF MARKET

2/29 Magnoli Circuit
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 214m2
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Property Details for 2/29 Magnoli Cct, Palm Beach

2/29 Magnoli Cct, Palm Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 214m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
2017
Floor Size
160m2
Land Size
214m2
Local Government
Gold Coast City
Lot/Plan
2/SP284591

Last Listing description (March 2023)

Palm Beach has long been a treasured locality for those drawn to a quieter coastal lifestyle, and now your chance has arrived to embrace low-maintenance living just 500m (approx.) from the sand and sea. Spanning 214m2 across two levels, this architecturally designed villa treats you to a kitchen with stone bench tops, gas cooktop and stainless steel appliances, before integrating with an open plan living and dining zone. Enhanced by white herringbone porcelain tiles and floor-to-ceiling windows that invite in abundant natural light, it's an inviting place to relax or entertain. Alternatively, step onto the adjoining covered balcony for an alfresco feast with friends.

The privately placed master suite also features on the same upper level as the main social quarters, boasting a modern ensuite and walk-in robe. Downstairs, two bedrooms (with built-in robes) opens to a leafy patio courtyard, with each serviced by a contemporary main bathroom with freestanding bath and rain shower. A second living area is a bonus, plus take advantage of a spacious open balcony.

Positioned within the Magnoli Apartments, these contemporary coastal residences place you on the doorstep of pristine beaches plus vibrant foodie and retail precincts. A Sunland Group development, plenty of public transport, parks and sporting amenities and schools are close by, ensuring you can enjoy the laidback Palm Beach lifestyle. So, whether you are an owner-occupier looking for a first home or to downsize, or searching for a savvy investment, you won't want to miss this enticing opportunity. Arrange your inspection today.

Property Specifications:
Two level villa in Magnoli villas, approx. 500m from the beach
Architecturally designed, with a generous 214m2 floorplan
Kitchen with stone bench tops, mirrored splash back, gas cooktop, stainless steel appliances
Open plan living and dining zone, opens to a covered balcony
Living and dining enhanced by white herringbone porcelain tiles and floor-to-ceiling windows for abundant natural light
Handy second living area downstairs
Privately placed master suite (upstairs) with modern ensuite and walk-in robe
Two bedrooms with built-in robes (downstairs), opens to a rear patio
Modern main bathroom features a freestanding bath and rain shower
Air-conditioned, fully fenced courtyard plus double garage with internal access
Close to pristine beaches, public transport, schools, vibrant foodie and retail precincts
Current rental income $920 per week

We have in preparing this information 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 purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measuremen

Property History for 2/29 Magnoli Cct, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,180,000
13 Dec 2022
Listed for Rent
$900/w
20 Dec 2021
  • 13 Dec 2022
    Sold for $1,180,000
  • 15 Nov 2022
    Listed for Sale $1,250,000
  • 10 Dec 2021
    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 10,399 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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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.