6/72 Sarawak AvenuePalm Beach QLD 4221
Property Details for 6/72 Sarawak Ave, Palm Beach
6/72 Sarawak Ave, Palm Beach is a 1 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 91m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
Have you been dreaming of owning your own little piece of Palm Beach but thought that it was out of reach? Are you looking for your first home, investment opportunity, or weekend getaway? Well, this is your golden opportunity to step into this highly sought-after lifestyle location, and is a great way to get started on your home ownership or property investment journey.
Love water activities? Palm Beach, Currumbin Creek, and Currumbin Alley are
all practically at your doorstep! Surf, paddleboard, swim, or simply take a walk along some of the Gold Coast's most picturesque beaches all at your doorstep.
Indulge in the convenience of urban living while still savouring the coastal ambiance. The Palm Beach Village Center is just a stone's throw away, offering an array of trendy cafes, boutique shops, and local amenities. Everything you need is right within reach.
If you are looking for a savvy investment? Look no further! This unit presents an exceptional investment opportunity with a reliable tenant in place until May 2024. Enjoy a hassle-free income stream while your property appreciates in value in the sought-after Palm Beach market.
Key Features
~ 1 bedroom unit with living on one level
~ Generous bedroom with built-in robe
~ Combined family bathroom/laundry
~ User friendly kitchen
~ Ceiling fans and reverse cycle air-conditioning
~ Steps away from the golden sands and pristine waters of Palm Beach
~ Walk to Currumbin Creek and the Pirate Park
~ Convenient access to Palm Beach Village Centre
~ Low body corporate fee approx. $46.00pw
~ Entry-level investment potential with a long-term tenant
~ Current lease until May 2024
Property Facts:
~ Body corp fees are approx $2440 per year (issued 6 monthly)
~ Rates are approx $2500 per year (issued 6 monthly) discounted if paid in
advance.
~ Water is about $1295 per year (issued quarterly)
~ Current rent $360pw with long-term tenant in place
~ Available for inspection by appointment only, 24 hours notice required
Don't miss out on this chance to own a slice of Palm Beach paradise. Seize the opportunity to enter the market and embrace the coastal lifestyle you've always dreamed of.
Property History for 6/72 Sarawak Ave, Palm Beach, QLD 4221
- 23 Oct 2023Sold for $475,000
- 28 Aug 2023Listed for Sale Not Disclosed
- 28 Aug 2023Listed for Rent $320 / week
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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.
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