SOLD
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Sold on 09 Aug 2024 for $6,000,000

7/1493 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 4
Car spaces: 3
Floor area: 301m2
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Property Details for 7/1493 Gold Coast Hwy, Palm Beach

7/1493 Gold Coast Hwy, Palm Beach is a 3 bedroom, 4 bathroom Unit with 3 parking spaces. The property has a floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Floor Size
301m2
Local Government
Gold Coast City

Last Listing description (September 2024)

Exquisitely situated atop a boutique residential building of only 7 apartments, this is an unparalleled absolute beachfront penthouse spanning the entire 7th and 8th floors. Embodying the epitome of Palm Beach luxury living, it boasts breathtaking panoramic vistas of the ocean, Burleigh headland and the entrance of Tallebudgera Creek and The Hinterland, gracing both levels of this magnificent residence. Spanning over 675sqm, its design flawlessly caters to family life, accentuated by a private heated rooftop pool and spa, complemented by an entertainment terrace and covered outdoor kitchen.

Nestled upon the pristine sands of Palm Beach, this home in the sky comprises 3 ensuited bedrooms plus a study, along with 3 bathrooms and a separate powder room. Its expansive layout seamlessly integrates open living spaces that flow onto an immense beachfront balcony, offering unobstructed ocean views as far as the eye can see. Illuminated by natural light, the lounge area features a brand new family sized kitchen with a butler's pantry, gas fireplace, and a spacious dining zone adorned with bespoke cabinetry. Sliding glass doors effortlessly connect these spaces to the beachfront terrace, adorned with cedar-clad ceilings and glass balustrading.

The master bedroom exudes opulence with its ensuite boasting a spa, double steam shower, and vanity, accompanied by a generously scaled walk-in robe outfitted with custom cabinetry. Two additional bedrooms, each with ensuites, provide comfort and privacy for guests or family members.

Positioned flawlessly in one of the Gold Coast's most picturesque locales, this penthouse offers easy access to the natural splendours of Tallebudgera Creek and Burleigh Heads National Park. Merely 2km away lies the vibrant culinary scene of Burleigh's James Street precinct, while parks, recreation centres, schools, cafes, and more are all within close proximity, ensuring an unparalleled lifestyle of leisure and convenience.

Mortgagee in possession
Total size of 675sqm featuring 352m2 of living on level 7 and 323sqm rooftop terrace on level 8
Experience contemporary beachfront elegance unparalleled elsewhere.
Enjoy a spacious open-plan lounge and dining area complemented by custom cabinetry.
Three secure side-by-side car spaces in the basement.
Indulge in a brand-new kitchen featuring stone benches, wine fridges, Miele appliances and a butler's pantry.
Seamlessly transition from indoor living to the oceanfront terrace.
Revel in the warmth of a gas fireplace and CBUS home automation.
Benefit from a dumbwaiter and private internal access to the rooftop terrace.
An exquisite master suite boasting white-water views, a spa ensuite, double steam shower and a grand dressing room.
Retreat to two additional ensuited bedrooms complete with walk-in robes, one featuring a private balcony.
Conveniently utilise the laundry with a drying courtyard.
Delight in the rooftop terrace featuring an outdoor kitchen, heated pool, spa, and panoramic views of the ocean and Surfers Paradise through to Coolangatta and The Hinterland.

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 7/1493 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$6,000,000
09 Aug 2024
  • 09 Aug 2024
    Sold for $6,000,000
  • 12 Mar 2024
    Listed for Sale FOR SALE
  • 17 Apr 2023
    Listed for Sale Offers over $9,500,000

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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 10,401 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, 494 properties were sold in the past 12 months in Palm beach.

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Ray White - Prestige Gold Coast
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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.