OFF MARKET

2906/1328 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 76m2
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Property Details for 2906/1328 Gold Coast Hwy, Palm Beach

2906/1328 Gold Coast Hwy, Palm Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Land Size
76m2
Local Government
Gold Coast City
Lot/Plan
2906/SP302715

Last Listing description (April 2022)

Magnoli Apartments offers the perfect luxury lifestyle, just steps away from beautiful Palm beach, a short bike ride away to Tallebudgera and Burleigh beaches, restaurants and shopping centres. The building grounds have perfectly manicured gardens including a BBQ area and well appointed resident lounge, overlooking a large 20m resort pool. Convenient cafes and a yoga studio are located on the ground floor opening out to a great playground and lawn area.

As you step out of the lift onto the luxurious carpeted hall, you instantly feel at home, each apartment entrance has it's own crystal pendant light to welcome you, as you enter the 1 bedroom apartment it is flooded with natural light from the large floor to ceiling double glazed doors and windows and has fully ducted zoned air-conditioning/heating. It has an a full-sized designer kitchen with stone bench tops and Smeg appliances including an induction cooktop, electric oven and fully integrated dishwasher. The oversized living area with wood floors leads out to a large north-west facing garden balcony taking in the view of the Gold Coast hinterland. The bedroom has built-in cabinetry looking out to the balcony garden and hinterland views beyond. The bathroom is a well designed space beautifully finished in a contemporary neutral palette featuring white penny-round tiles and 12mm thick smoky-black glass shower door. The separate laundry also comes equipped with a dryer and linen press.

The Magnoli towers are extremely secure, this unit comes with an underground car space and a good sized storage cage. This apartment is currently untenanted and ready for you to move in.

Rental appraisal:
Between $550-$600 per week

Features include:

* Open living and dining area with large garden balcony
* Designer kitchen with stone bench tops, stainless-steel and integrated Smeg kitchen appliances
* Master bedroom built-ins and hinterland views
* Fully Ducted zoned air-conditioning throughout
* Separate laundry room with dryer and linen press
* Residents lounge, 20m resort style pool & BBQ area and yoga lawn
* 1 car park with a large lock up storage

Transport Options:

* Light Rail/Tram: Proposed stage 3 of the new tramline to the airport
* Bus Stop: In front of the building
* Train Station: 13 min drive
* Access for M1 motorway: 5 min drive
* Gold Coast: Airport: 11 min drive
* Brisbane Airport: 1 hour drive

Shopping, Dining and Entertainment:

* Shopping Centre: 4 min drive
* Cinemas, dining and other shopping outlets: 2 min walk
* Burleigh heads park and beach: 5 min drive

Relevant Fees include the following

Rates as owner occupier: About $1620/Year or $31/week
Rates as an investor: $2183/year or $42/week
Water: About $1056/Year or $20/week
Body Corp: About $2386/Year or $45/Week

*Approx

Disclaimer:
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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 2906/1328 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$667,000
26 Mar 2022
Listed for Rent
$600/w
06 Apr 2022
  • 04 Apr 2022
    Listed for Rent $600 / week
  • 26 Mar 2022
    Sold for $667,000
  • 11 Mar 2022
    Listed for Sale Offers Over $665,000
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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.