Back 1/20 Fifteenth Avenue
Off Market

1/20 Fifteenth Avenue

Palm Beach QLD 4221

2
1
1
Apartment
Last sold for $852,000
Michael PowerMichael Power, last sold this property on 09 November 2025 after 23 days on market.

Overview

BEACH LOCATION - SMALL BOUTIQUE BUILDING!

This north facing, elevated, ground floor unit is situated in a small block of only 8 units, in a prime location only 200 metres to the beach in central Palm Beach. Units in small buildings in such a great location are extremely scarce, offering the astute investor a great opportunity to secure an investment with excellent capital appreciation potential. • Modern kitchen with stainless steel appliances, • Two generous bedrooms, both with built-in robes; • Separate bathroom, separate toilet and separate laundry; • Low maintenance tiles in the living area; • Solid double brick construction throughout; • North facing undercover balcony; • Elevated ground floor position at the front of the building; • Extra large single lockup garage with storage area. • Low Body Corporate. The unit is currently tenanted on a fixed term lease until March 2026. Current rental return of $725 per week. This unit is in an excellent location within easy walking distance to the beach and public transport and is also close to all the shops, cafes, and restaurants that Palm Beach has to offer.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Palm Beach over the last 12 months, the estimated median property value of 1/20 Fifteenth Avenue is $1.19m.

Median value
$1.19m
Estimated value range
$695k - $15.82m
Median days on market
24
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Palm Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/20 Fifteenth Avenue

2025
Sold
$852,000
Private Sale/Treaty on 09 Nov 2025 by Michael Power, of PRD Palm Beach
2025
Rented
Undisclosed
Leased on 20 Mar 2025 by Base Property Group
2024
Rented
Undisclosed
Leased on 01 Jul 2024 by Base Property Group

Happy sellers in Palm Beach

87%
87% of sellers in Palm Beach reported that their sale price either exceeded or met their price expectations.

Palm Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 88 reviews in Palm Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Palm Beach

In the last 12 months, 95 two-bedroom apartments similar to 1/20 Fifteenth Avenue, have been sold.

This represents a 14% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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