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Off Market

18/1444 Gold Coast Highway

Palm Beach QLD 4221

1
1
1
Studio
Last sold for $365,000
Wendy SheelyWendy Sheely, last sold this property on 29 October 2023 after 381 days on market.

Overview

Big price reduction!

Don't miss this opportunity to secure your new home or investment in one of the most popular spots on the Gold Coast, Palm Beach. Tucked away on the upper level of this 2-storey walk-up complex you will find Unit 18, a studio-style unit that is just as neat as a pin and also comes with a secure car park. Originally built as a motel, this complex has been built to last, is still in great condition and is just minutes to the beach. There is a great tenant in place paying $370 per week (leased until July 24) and a low body corp of just approx $37 per week, making it ideal for the buyer looking to enter the market on a budget or the astute investor looking to add to their portfolio COMPLEX FEATURES: * Secure building with just 28 units * Shared in-ground swimming pool * Pet friendly * Located on the public transport route *Secure underground carpark STUDIO APARTMENT FEATURES: * Open plan layout * Kitchen / combined laundry * Separate bathroom * Split system air-conditioning * Ceiling fan Inclusions: * Bed * Washing machine * Dishwasher * Refrigerator * Cooker Rates: Body Corporate: $37 per week Rates: $2,248 annually Water: $1,080 annually LOCATION: * 2-minute walk to the beach * 5-minute walk to a range of popular cafes and restaurants * 8-minute drive to The Pines Shopping Centre * 10-minute drive to Burleigh Heads * 12-minute drive to Gold Coast International Airport * 1-hour drive to Byron Bay * 1-hour drive to Brisbane / Brisbane Airport With the Gold Coast market so hotly contested at the moment, opportunities like this just won't last long!

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in Palm Beach over the last 12 months.

Property history for 18/1444 Gold Coast Highway

2023
Sold
$365,000
Private Sale/Treaty on 29 Oct 2023 by Wendy Sheely, of Raine & Horne Robina | Mudgeeraba | Nerang
2021
Sold
$250,000
15 Feb 2021 by Shane Conlon, of Raine & Horne Robina | Mudgeeraba | Nerang
2019
Sold
$200,000
Private Sale/Treaty on 28 Oct 2019 by Ashley Witty, of Harcourts BMG

Happy sellers in Palm Beach

85%
85% 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 80 reviews in Palm Beach over the last 12 months.

Local market activity for 1 bedroom studios in Palm Beach

In the last 12 months, 1 one-bedroom studio similar to 18/1444 Gold Coast Highway, have been sold.

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Rob Cinelli

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