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Off Market

5/108 Cypress Terrace

Palm Beach QLD 4221

3
3
2
Townhouse
Last sold for $850,000
Rhys WildermothRhys Wildermoth, last sold this property on 14 July 2019 after 39 days on market.

Overview

SOLD BY RHYS WILDERMOTH

Flaunting an over-sized layout, the perfect northerly aspect and indulgent finishes, these elegant townhouses in the heart of Palm Beach present luxury living in a prime location. These designer townhouses are set within the private and secure surrounds of a brand new block of five, which enjoys the ultimate beachside lifestyle. From the moment you enter you will be truly be blown away with the level of quality that has been applied. Every aspect of the construction process has been taken into consideration including its suspended slab, solid timber staircase and Smartstone Calcutta featured throughout. This property truly shines when it comes to entertaining, complete with a gourmet kitchen, butler's pantry and expansive sun soaked north facing alfresco area. Enjoy the serenity and privacy these townhouses offer in this unique boutique development. Standout features include: - Chef inspired kitchens with 60mm Smartstone Calcutta island benches, Smeg appliances and butler's pantry - Oversized north facing balconies perfect for outdoor entertaining - All three light filled bedrooms are complete with ensuites/bathrooms plus walk-in/built-in robes - Ducted & zoned air conditioning plus secure video entry - Double garage with added storage space - Dedicated laundry room and plenty of storage throughout - Low body corporate approximately $36.20 per week We are able to offer a selection of layouts over two or three levels, one of which includes a pool. Townhouse Two and Three are currently tenanted and generating a rental income of approximately $860-$900 per week. Architecturally designed with high quality finishings, these recently completed townhouses represent a fantastic opportunity to secure a new home or investment in one of Queensland's most desirable suburbs. Everything is placed at your fingertips in Cypress Terrace with schools, parks, restaurants and cafes all within easy reach, including a position in the PBC school catchment. If you would like to take a 3D VR Walk Thru of this wonderful property at your own pace click play on the virtual tour video link - you can spend all the time you want. ------------ 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.

Features

3 bedrooms
3 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Palm Beach over the last 12 months, the estimated median property value of 5/108 Cypress Terrace is $1.75m.

Median value
$1.75m
Estimated value range
$1.31m - $2.03m
Median days on market
121
Estimated value trend
-20%
decrease 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 5/108 Cypress Terrace

2019
Sold
$850,000
Private Sale/Treaty on 14 Jul 2019 by Rhys Wildermoth, of Image Property Gold Coast

Happy sellers in Palm Beach

86%
86% 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 86 reviews in Palm Beach over the last 12 months.

Local market activity for 3 bedroom townhouses in Palm Beach

In the last 12 months, 9 three-bedroom townhouses similar to 5/108 Cypress Terrace, have been sold.

This represents a 28% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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