OFF MARKET

8E/969 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 496m2
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Property Details for 8e/969 Gold Coast Hwy, Palm Beach

8e/969 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 496m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last transferred in February 2022.

Building Type
Unit
Year Built
1982
Floor Size
90m2
Land Size
496m2
Local Government
Gold Coast City
Lot/Plan
40/BUP5354

Last Listing description (April 2022)

Auction Location: Currumbin RSL.

Hovering majestically above the powdery white sand of Palm Beach, enjoying spectacular ocean views is this original condition absolute beachfront Princess Palms apartment.

A blue-chip investment with the potential to deliver outstanding capital growth, this can deliver an unsurpassed lifestyle option.

Needing a full renovation, your style and effort will be instantly rewarded and catapult its value. When completed, it will symbolise everything awesome about coastal living. So, the option to keep the unit private to enjoy all its benefits yourself or to generate an appealing recurring income (holiday guest or permanent rental) from it will be your next challenge.

Sitting at the perfect 8th floor level, this unit has loads of natural light filtering in from three sides. It has two balconies which set the stage for visually stunning aspects of the surrounding region including the hinterland, Currumbin Creek, the exciting coastline of the Gold Coast and, of course, that mesmerising blue ocean.

- 2 bedrooms, 2 bathrooms, 1 car space
- Underground security basement for parking
- Original condition with no renovation beachfront apartment
- Panoramic Pacific Ocean views
- Direct beach access
- Facilities include heated swimming pool, heated spa, tennis court with flood lights for day and night games, gym, sauna, games room, play area, BBQ facilities, internet kiosk, reception team and tour desk
- Walk to the beach, the Palm Beach Parklands & calm-water playground, the weekly farmers markets and schools
- Retail, dining and entertainment precinct are all within 5 minutes' walk
- Within easy reach to the airport, major hospitals, major shopping centres, the Star Casino and other Gold Coast hot spots such as; Burleigh Heads, Broadbeach, Surfers Paradise and our famous theme parks

The Gold Coast property market continues to enjoy remarkable growth and the Palm Beach suburb is one of the stand-out performers. Its popularity is driven by distinctive elements like its accessibility to all amenities, its relaxed coastal vibe and most importantly, its anticipated on-going capital growth potential.

All the perfect ingredients exist here for you to make a wise blue-chip investment for your future. It's a creatively exciting and financially astute opportunity. Don't miss it.

Contact Leanne Frohmuller 0410 633 180 or Rob Cinelli 0407 212 100 today.

Council Rates - $1,600 - $2,000pa approx.
Water Rates - $1,600 - $1,700pa approx.

Auction date: 27 February 2022
Auction time: 12:30pm
Auction venue: Currumbin RSL

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 8e/969 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Transferred
$896,000
27 Feb 2022
  • 27 Feb 2022
    Transferred for $896,000
  • 18 Jul 2019
    Listed for Sale Contact Agent
  • 08 Dec 2012
    Listed for Sale $499,000
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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.

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.