SOLD
Sold on 21 May 2024 for $771,000

9/1266-1270 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 516m2
Sold By
First National Real Estate Palm Beach
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Property Details for 9/1266-1270 Gold Coast Hwy, Palm Beach

9/1266-1270 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 516m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
87m2
Land Size
516m2
Local Government
Gold Coast City
Lot/Plan
9/SP117869

Last Listing description (July 2024)

This elevated apartment will interest home buyers and investors alike. Located seconds from our pristine beaches, a short walk to the lively amenities of Palm Beach CBD and moments from public transport this property offers a laid-back beachside lifestyle and great investment potential.

Property features:
- Spacious unit with 108m floorplan

- Light and airy with ocean breezes; windows on three sides
- Main balcony with ocean glimpses and great sunrise views
- Built-in wardrobes in both bedrooms as well as hallway storage
- Main bedroom with ensuite and second private balcony at the rear of the complex
- Laundry nook cupboard
- Secure underground parking, generous 1.5x size single carpark with plenty of room for storage
- Quiet complex of 12 units with pool area
- 150m to the sand beaches of Palm Beach
- Short stroll to the restaurants, bars, markets & medical facilities of Palm Beach CBD
- Approx. 11 minute drive to Gold Coast Airport
- Affordable body corporate fees approximately $69 per week
- Recent council rates $1,207 half yearly (investor rates)
- Recent water rates $391.83 per quarter
- Currently tenanted at $650 per week

Take your time and enjoy a walk through the virtual tour of the property at your own pace. Don't hesitate to get in touch for further details.

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*Disclaimer*
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.

Property History for 9/1266-1270 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$771,000
21 May 2024
Listed for Rent
$550/w
18 Feb 2022
  • 21 May 2024
    Sold for $771,000
  • 07 May 2024
    Listed for Sale $771,000
  • 07 Feb 2022
    Listed for Rent $550 / 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.
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.