Back 5/1371 Gold Coast Hwy
Off Market

5/1371 Gold Coast Hwy

Palm Beach QLD 4221

2
1
1
0 m²
Apartment
Last sold for $350,000
David LonieDavid Lonie, last sold this property on 06 March 2019 after 366 days on market.

Overview

SOLD BY DAVID LONIE

Here is the perfect investment opportunity beach side in Palm Beach. This unit block is positioned for maximum returns and is sitting in a prime location to be snapped up by developers at some point in the near future. The ideal lock and leave vacation apartment or simply move straight in and enjoy that 'holiday' feeling every day. Only a hop skip and a jump from your doorstep to take a morning dip in the crystal clear water before you walk the white sands of Palm Beach. Imagine waking up every day with the sensation of the sun, the surf and sand. Also features - Two spacious bedrooms with built-ins, bathroom and single lock up garage - Small block of 8 units with security parking - Low body corporate - Currently rented at $390 per week - Private balcony for the afternoon wine, or morning coffee before you walk the beach - Solid brick construction in a tightly held building - Neat and tidy ready to move in or perfect for an investor - Air conditioning - 7 minutes to the Gold Coast airport - 1 hour to Byron Bay and 1 hour to Brisbane - Minutes to local schools, shops and sporting fields - Public transport right at your door step You are gated by two still water estuaries at Tallebudgera and Currumbin for all your water sports activities, walking distance to local shops & only moments to anything you will need. This wont last long, we look forward to showing you this wonderful opportunity

Features

2 bedrooms
1 bathroom
1 carspace
0 m² floor area
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 5/1371 Gold Coast Hwy is $1.2m.

Median value
$1.2m
Estimated value range
$781k - $15.82m
Median days on market
26
Estimated value trend
10%
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 5/1371 Gold Coast Hwy

2019
Sold
$350,000
06 Mar 2019 by David Lonie, of LJ Hooker Southern Gold Coast
2018
Rented
Undisclosed
Leased on 03 Jul 2018 by LJ Hooker Southern Gold Coast
2018
Rented
Undisclosed
Leased on 02 Jul 2018 by LJ Hooker Southern Gold Coast

Happy sellers in Palm Beach

84%
84% 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 71 reviews in Palm Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Palm Beach

In the last 12 months, 93 two-bedroom apartments similar to 5/1371 Gold Coast Hwy, have been sold.

This represents a 8% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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