OFF MARKET

2302/1328 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 113m2
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Last updated 11 Nov 2024
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Property Details for 2302/1328 Gold Coast Hwy, Palm Beach

2302/1328 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit. The property has a land size of 113m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Land Size
113m2
Local Government
Gold Coast City
Lot/Plan
2302/SP302715

Last Listing description (November 2022)

A must-see opportunity in Palm Beach""

Amazing lifestyle or investment with an 5.5% return, and full tax offsets, lock in today with certainty and move now
Magnolia... This ultra-modern, clean-lined, resort living unit facing the beach is setting new standards in quality. Here in a quiet and peaceful community, on par or better than anything available on the market today.

On the doorstep are the trendy Palm beach hot spots with surf clubs, caf, restaurant, bar and retail shopping, and just around the corner to Burleigh heads with endless options. Perfect as new condition. ONLY 4 MONTHS OLD. The apartment is situated on the 3rd floor, facing East over the beach delivers a modern yet functional generous size layout for simple easy living.

Some of the features:

- 2 spacious bedrooms - Plus Study - 2 bathrooms
- Over the road to the amazing Palm Beach
- Refreshing flow through sea breezes
- Stunning stone benchtop kitchen with Smeg appliances
- Timber floors
- Great beach side covered entertainment terrace
- Loads of storage
- Generally pet friendly
- And all the other features you would expect

*****Please note Visitor parking is under the building via Brooke Ave*****

Resort Community faculties include:

- Pool with sunken lounge area and sun deck
- Resident private lounge area
- Guests entrance area
- BBQ and entertainment undercover area
- Kids activity playground and massive landscaped park
- On-site caf
- Yoga studio

Central to:

- Gold Coast airport within 12 min
- Easy access to the M1 to Byron or Brisbane
- Schools within walking distance
- Public transport at the door

Further Info:

- Council rates - $1,800 pa approx
- Water rates - $1,100 pa approx
- Body corporate - $98 pw approx.
- 5.5% yield - full tax deductions
- Comparable rentals at $850 plus pw

**********OFERS OVER $840,000:*********
Under instruction all formal offers are submitted

In todays market recent compariable sales in Oct and Nov 2021 for smaller two bedroom units facing West to the mountains SOLD for $840,000 Vs this two bedroom plus study unit facing East with beach views.

Property History for 2302/1328 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$842,000
29 Jan 2022
Listed for Rent
$790/w
14 Apr 2022
  • 21 Mar 2022
    Listed for Rent $790 / week
  • 29 Jan 2022
    Sold for $842,000
  • 07 Jan 2022
    Listed for Sale Contact Agent
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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.