3/1228 Gold Coast HighwayPalm Beach QLD 4221
Property Details for 3/1228 Gold Coast Hwy, Palm Beach
Last Listing description (July 2024)
Located in a prime position along the Gold Coast Highway at Palm Beach this property gives the purchaser options to move in at the end of the lease or keep as an investment.
- 68m2 of lettable area (including balcony)
- Net return-$33,422.94 + GST* with current lease expiry December 2024
- Great signage exposure to Gold Coast Highway
- Palm Beach is a high growth location with plenty of new construction occurring in the area.
This property will go to Auction onsite on Friday 12th July at 8am.
Contact exclusive agents Lacey West Commercial for all information.
* approximately
Disclaimer:
Lacey West Commercial makes no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by JBJC Property Pty Ltd trading as Lacey West Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.
Property History for 3/1228 Gold Coast Hwy, Palm Beach, QLD 4221
- 12 Jul 2024Sold for $500,000
- 19 Jun 2024Listed for Sale Contact Agent
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0About 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 10,404 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.
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