SOLD
Sold on 25 Jun 2024 for $1,625,000

4 Tahiti Avenue
Palm Beach QLD 4221

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 141m2
Land area: 506m2
Sold By
Amir Prestige Group Mermaid Beach
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Property Details for 4 Tahiti Ave, Palm Beach

4 Tahiti Ave, Palm Beach is a 6 bedroom, 3 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 506m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
141m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
538/RP89779

Last Listing description (July 2024)

AUCTION MONDAY1ST JULY, FROM 11AM
IN-ROOMS, LANGHAM HOTEL, 36 OLD BURLEIGH ROAD, SURFERS PARADISE
OFFERS CONSIDERED PRIOR TO AUCTION!

Endless potential, discover the ultimate opportunity to redevelop, reside in, or invest in this tightly held and rare corner position property, zoned MDR3 with a two-story 9m height limit.

Perfectly located just moments from the beach and surrounded by a plethora of lifestyle amenities including cafes, restaurants, shopping centers, schools, and transport options.

Currently offering dual income and boasting strong rental returns, this property features spacious, light-filled interiors with a total of 6 bedrooms and 3 bathrooms. The large yard adds to its appeal, making it a versatile investment for the discerning buyer.

This rare and exciting opportunity won't last long. Our owners are committed to selling! Contact us now to secure your future in this prime Palm Beach location!

- 6 bedrooms, 3 bathrooms, parking for 2 vehicles
- Build your dream home, duplex pair or triplex (subject to council approval)
- Zoned MDR3 for 2 story/9m building height redevelopment
- 6 bedrooms in total (2 x 3 bedroom dwellings)
- 3 bathrooms in total (1 x 2 bathrooms; 1 x 1 bathroom)
- Current return is $78,000 per annum combined rental income ($920pw + $550pw)
- Leases expire Sept 2024
- Rent potential: $950pw + $650pw respectively ($83,200 per annual potentially)
- Separately water metered for each unit
- Within the Palm Beach Currumbin High School catchment
- Close to the beach, shops, parks, sports clubs, schools and so much more

Palm beach is thriving beachside suburb, here you can enjoy close proximity to the ocean and golden sandy beaches, family-friendly hotspots like Tallebudgera Creek and the Southern Gold Coast's best patrolled beaches. This home is located within the catchment for Palm Beach State School and Elanora State High School, making this property an ideal property for an active family. With the M1, Gold Coast Airport, and a network of public transport options nearby connectivity and accessibility has never been easier.

Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 4 Tahiti Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,625,000
25 Jun 2024
Listed for Rent
$500/w
08 Feb 2013
  • 25 Jun 2024
    Sold for $1,625,000
  • 13 Jun 2024
    Listed for Sale SOLD BY JOSHUA & MARC!
  • 03 Jun 2024
    Sold for $1,520,000
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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 10,399 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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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.