SOLD
Sold on 18 Dec 2023 for $1,285,000

20 Cuba Avenue
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 506m2
Sold By
Dan & Essie Moloney
Harcourts Coastal Palm Beach
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Property Details for 20 Cuba Ave, Palm Beach

20 Cuba Ave, Palm Beach is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 506m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
198m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
623/RP91452

Last Listing description (November 2023)

Reap the benefits of a relaxed coastal lifestyle with this spacious and potential-packed family home, perfectly positioned in a quiet pocket of Palm Beach.

The existing residence offers an exciting renovation or high-growth investment opportunity, while the sizeable north-facing block provides unlimited potential for a quality brand-new build.


Extensive glazing beckons natural light into the open plan living, dining and kitchen, while the lush gardens and easement offer a tranquil outlook. The expansive floor plan provides multiple living and dining areas that are ideal for relaxing, connecting and entertaining, complemented by a covered timber deck with fan that serves as the perfect setting for soirees. An oversized master bedroom includes a generous walk-in-robe and ensuite in soothing neutral tones, while four additional bedrooms cater for children and guests.

Situated on a peaceful family-friendly street, this highly sought-after Palm Beach locale is minutes from patrolled beaches, parks, conveniences and a safe and accessible cycling path to Currumbin Creek.

Features:
Single-level family home in a quiet family-friendly pocket of Palm Beach
Perfect acquisition to renovate, rebuild or capitalise on high rental return
Walking distance to conveniences, Palm Beach Currumbin State High School and The Pines Elanora
Expansive open-plan living, dining and kitchen with floor-to-ceiling windows, hybrid floors and outdoor access
Covered timber deck with fan, ideal for entertaining
Second living room can double as a lounge, media room or kids retreat
Functional kitchen with walk-in pantry, electric cooktop, oven, dishwasher and filtered water tap
Spacious master bedroom with walk-in robe and ensuite in neutral tones
Four additional bedrooms with built-in robes, blackout blinds and fans
Main bathroom with built-in bath, shower and separate toilet
Low-maintenance garden with lime and lemon tree; outdoor storage shed
Laundry with access to external drying area
New upgrades include oak hybrid floors, LED lights, and whisper-quiet fans
Split cycle air-conditioning in living, master and third bedroom
Black-out blinds in bedrooms
Double garage with additional off-street parking for two cars
Fully-fenced 506m2 private block that backs onto an easement
Rental Return approx. $1200 - 1300 per week

Palm Beach is a sought-after southern beaches suburb favoured for the relaxed, walk-about-town lifestyle it offers. This address is ideally positioned surrounded by patrolled surf breaks, Tallebudgera Creek and Currumbin Alley. Stroll to Tarte Beach House, Third Base or a selection of playgrounds nearby. The beach is a 16-minute walk away, and you can cycle 2.8km to surf Currumbin Alley. The M1 and Gold Coast Highway are nearby, opening up easy access north to Brisbane, or south to Gold Coast Airport and beyond. Ideal for families, the property sits in the catchment for Currumbin State School and Palm Beach Currumbin State High School.

Property History for 20 Cuba Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,285,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $1,285,000
  • 23 Oct 2023
    Listed for Sale Offers over $1,250,000
  • 05 Dec 2022
    Sold for $1,175,000
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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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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.