OFF MARKET

5/1229 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 281m2
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Property Details for 5/1229 Gold Coast Hwy, Palm Beach

5/1229 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 281m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1989
Floor Size
82m2
Land Size
281m2
Local Government
Gold Coast City
Lot/Plan
5/BUP9016

Last Listing description (April 2022)

Not quite beachfront but close enough to enjoy all the convenience of the beach and ocean views, this delightful unit receives natural light flowing in from all four sides. That's impressive and rare.

The views from this top floor apartment will give you magical sunrise experiences each morning.

The practical floor plan takes advantage of the building design to ensure all rooms enjoy a wonderful aspect and outlook, form the sea to the hills.

With two-street frontage, there's quick and easy beach access via Jefferson Lane so there's simply no excuse not to enjoy the beach every day.

The small scheme building of just 7 apartments adds great land content value per unit here than in larger complexes.

- Main bedroom with ensuite and private balcony with views to the hinterland
- Updated main bathroom with access to second bedroom
- Bright and airy kitchen with north/east aspects and ocean views
- Carpeted bedrooms and tiled throughout the rest of the home
- Separate internal laundry and separate guest powder room
- Secure basement car parking for two cars
- Small scheme of just 7 apartments
- Low strata fees - $42pw approx.
- Rent Potential - $650pw-$690pw
- Public transport at front door
- Metres from the beach
- Easy level walk to retail precinct (shops, cafes, restaurants, medical, etc)
- Within the Palm Beach Currumbin High School catchment

Astute buyers will see the many advantages in this apartment, including the opportunity to add value with a kitchen update.

The potential, the location and the opportunity are here right now. Don't wait for others to beat you to the punch. Secure this for yourself now.

See it. Love it. Own it. Live it.

COVID-19
Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.

We respectfully request the following attendees please contact us to make alternative viewing arrangements:
- Person (s) feeling unwell;
- Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 days

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 5/1229 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$820,000
23 Mar 2022
  • 23 Mar 2022
    Sold for $820,000
  • 17 Jan 2022
    Listed for Sale Sold
  • 15 Jun 1992
    Sold for $160,000
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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.