Back 4/1229 Gold Coast Hwy
Off Market

4/1229 Gold Coast Hwy

Palm Beach QLD 4221

2
2
1
Unit
Michael PowerMichael Power, last sold this property on 23 May 2025 after 59 days on market.

Overview

Rare Beachside Apartment-Boutique Building

A unique opportunity has momentarily presented itself to acquire an extremely scarce beachside apartment in a small boutique block of only 7 units. The unit is one of only 4 units on the beachside of the building backing onto Jefferson Lane with pedestrian access to the street and the beach only metres away. • Large open plan living areas with wrap around balconies; • Living areas and kitchen with ocean and beach views; • Kitchen with stone tops and stainless steel appliances; • Master bedroom with ocean views, balcony and ensuite; • Tiled throughout the living areas and bedrooms; • Kitchen, living areas and bathrooms all well maintained and in good condition; • Lock up garage plus separate lockup storage; • Small block of only 7 units on a large 825sqm beachside block offering future development potential; • Ideal for an owner occupier, investor or as a lock and leave holiday home. • Rental appraisal approximately $900 per week. Sea Quest Apartments is an extremely well maintained beachside building with a relatively low Body Corp. The building is in a sought-after location with easy access to the beach, local cafes, surf clubs, and all the restaurants and facilities that Palm Beach has to offer.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Palm Beach over the last 12 months, the estimated median property value of 4/1229 Gold Coast Hwy is $998.75k.

Median value
$998.75k
Estimated value range
$730k - $2.15m
Median days on market
32
Estimated value trend
26%
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 4/1229 Gold Coast Hwy

2025
Sold
Undisclosed
23 May 2025 by Michael Power, of PRD Palm Beach
2014
Sold
Undisclosed
11 Mar 2014 by Stuart Legg, of RE/MAX Regency

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 90 reviews in Palm Beach over the last 12 months.

Local market activity for 2 bedroom units in Palm Beach

In the last 12 months, 90 two-bedroom units similar to 4/1229 Gold Coast Hwy, have been sold.

This represents a 26% increase in two-bedroom units sales when compared to the previous 12 months.

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