SOLD
RECENT ADVICE
Sold on 15 Sep 2024 for $750,000

2201/10 Fifth Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2201/10 Fifth Ave, Palm Beach

2201/10 Fifth Ave, Palm Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Palm Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
2201/SP189103

Last Listing description (September 2024)

This north-facing, furnished apartment is the epitome of relaxed coastal living. With glimpses of the ocean and an expansive balcony, this charming residence offers an ideal blend of comfort and convenience.

Boasting two large king sized, en-suited bedrooms, this apartment is designed for practicality and relaxation, whether you are seeking a permanent residence or an investment property.

With easy access from the lift and basement and to the street to walk over to the beach or to the many shops, Coles, cafes and restaurants, this residence offers a lifestyle of convenience in one of Palm Beach's premier addresses.

Situated in The Pavilions, residents enjoy exclusive access to resort-style amenities, including a 25m in-ground pool, a heated spa, and a rooftop BBQ area with breathtaking views of the ocean and hinterland. This is an exceptional opportunity to experience coastal living with everything you need at your doorstep.

Features:
• Two king-sized bedrooms, both with ensuite, built in wardrobes and ceiling fans
• Practical kitchen with gas cooking, stainless steel appliances, dishwasher, fridge
• Furnished, including sofa, fridge, TV, washing machine, storage units and beds
• Wide north facing balcony with ocean glimpses
• European laundry for convenience
• Air conditioning in the lounge, ceiling fans in bedrooms
• One secure basement car space, easy lift access
• Resort-style amenities: pool, heated spa, and rooftop BBQ area
• Secure intercom building with lift access
• Diverse retail precinct on ground level, including Coles with extended trading hours, Cafe's, bottle shop, hairdressers, fitness studios, chemist and much more

Rental Income and Outgoings:
• Rental return: Approximately $780 - $820 per week
• Body corporate: Approximately $150 per week
• Rates: Approximately $1,700 per year
• Water: Approximately $1,200 per year

Location: Palm Beach is one of the Gold Coast's most sought-after suburbs, known for its pristine beaches, vibrant cafe culture, and growing investment potential. This property is perfectly positioned across from the beach, with easy access to local shops, cafes, and restaurants. The newly redeveloped Palm Beach Aquatic and Community Centre, set to open in late 2024, is just moments away. Enjoy quick access to the Gold Coast International Airport, the M1 motorway, and a variety of local schools and parks, making this the ultimate coastal lifestyle.

Contact Sarah Drew on 0444 555 144 to arrange an inspection – this property won’t last long!

Property History for 2201/10 Fifth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$750,000
15 Sep 2024
Listed for Rent
$340/w
14 Sep 2013
  • 15 Sep 2024
    Sold for $750,000
  • 09 Sep 2024
    Listed for Sale Expressions Of Interest
  • 29 Sep 2023
    Sold for $640,000
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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.

Suburb Insights for Palm Beach 4221

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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.