OFF MARKET

707/1 Twenty First Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 1391m2
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Property Details for 707/1 Twenty First Ave, Palm Beach

707/1 Twenty First Ave, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 1391m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2001
Floor Size
100m2
Land Size
1391m2
Local Government
Gold Coast City
Lot/Plan
707/SP139052

Last Listing description (June 2020)

Just footsteps to the golden sands of north Palm Beach, your coastal retreat awaits.

Instilled with a sense of calm, this top floor unit is in complete sync with the relaxed beachfront lifestyle on offer.

Open, airy and comfortable, you'll be inclined to grab a chair on the large wrap around balcony and enjoy turquoise blue ocean views that seem to go on forever. The unit is modern, yet practical. Enticing, yet casual.

Entertain family and friends on your exclusive rooftop terrace. Watch the whale migration in winter, check the rolling surf or heat up the BBQ for year round outdoor living. (This is one of the very few units in the building with a sole use' rooftop terrace).

It's also one of the more private residences, with no immediate neighbouring units on either side. The purpose built, sliding outdoor shutters offer additional retreat.

As part of the beautiful, well-maintained' Palm Spring Residences,' you have complete access to the onsite resort-style facilities, which include lap pool, lift, gym, sauna and direct beach access.

• 2 spacious bedrooms - master with WIR - both with ocean views
• 2 modern bathrooms- ensuite off master - separate laundry
• 2 side by side secure undercover car spaces - Double lock up storage cage
• Exclusive rooftop terrace- vast ocean views - covered entertaining area
• Modern kitchen with quality appliances - open plan living
• Quality appliances - Smeg gas cook top - Bosch dishwasher - reverse cycle air conditioning & fans throughout
• Large wrap around balcony off main living area - stunning ocean views
• Complete access to all resort style facilities - well maintained building
• Secure building - swipe access - ideal for lock-up and leave' lifestyle
• Attractive returns for investors
• Permanent Rental Market Opinion, $775 - $800* per week
• GCCC Rates, $1,711.37* (1 Jul - 31 Dec 2019)
• Holiday Letting Tariffs - $1,435* p/w (Off Peak), $2,275* p/w (School Holidays),
$2,765* p/w (Events), $4,550* p/w (Peak Rate)
• Body Corporate Levies $126.23* per week (this levy reflects a discount if paid before the due date)

Once you park the car you can walk to everything you need. Situated within close proximity to a choice of world-class still water estuaries, pristine patrolled beaches, new shopping amenities and immediate access to the coastal bus line.

Palm Beach is one of the most sought after Gold Coast suburbs to live in, due to its natural beauty and recent surge in popular cafes, trendy restaurants and bars.

*approx

The property is scheduled to go to auction on Saturday 15 February 2019, On-site at 2pm.

Disclaimer: 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 707/1 Twenty First Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$872,500
15 Feb 2020
  • 15 Feb 2020
    Sold for $872,500
  • 14 Jan 2020
    Listed for Sale Auction
  • 17 Nov 2006
    Sold for $780,000
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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.