Back 507/5 Nyrang Avenue
Off Market

507/5 Nyrang Avenue

Palm Beach QLD 4221

2
2
1
0 m²
100 m²
Apartment
Last sold for $980,000
Sam TahanaSam Tahana, last sold this property on 19 August 2024 after 82 days on market.

Overview

Ultimate Coastal Luxury, Contemporary Design at Its Finest

A rare opportunity awaits to acquire this stunning fifth-floor, two-bedroom modern apartment boasting an east-facing aspect at the Northshore Residences, situated in the heart of Palm Beach. Designed by award-winning Gold Coast architects, BDA Architecture, Northshore's apartments reflect the truly unique lifestyle Palm Beach has to offer. With an open-plan design spanning 100m², opportunities like this for central Gold Coast living at outstanding value are especially scarce, highlighting how highly coveted and rarely available apartments of this quality and composition are. This two-bedroom, two-bathroom, one car space apartment is a luxury experience in open-plan and coastal elegance. With a contemporary design, this apartment exudes a coastal look and feel, enhanced by ample natural light streaming through east-facing windows that overlook the ocean. The complex provides an array of luxurious amenities, including an infinity pool, spa, beach showers, sauna, BBQ facilities, outdoor dining, private dining room with kitchen and facilities, lounge room, cinema room, and four private office suites. Residents also enjoy an indoor gym with a designated yoga lawn, making this an exceptionally appealing choice for upscale apartment living or astute investment. This well-designed unit offers air-conditioned open-plan living with a stylish open-plan kitchen, complete with modern finishes and fixtures. The bathrooms feature oval back-lit mirrors, adding a touch of sophistication and modernity. The lounge room, adorned with floor-to-ceiling windows, frames a picturesque outlook, creating a serene ambiance. This seamless connection between the indoor living space and the openair balcony makes holding social events a breeze, allowing for versatile entertainment options throughout the year. The generously sized master bedroom, with stunning ocean views, is equipped with its own reverse cycle air conditioning system to ensure comfort in all seasons. The coastal design continues with the modern flooring chosen to create a sleek and practical space. Additionally, the master bedroom boasts a walkthrough wardrobe and stunning his & hers ensuite, perfect for enjoying the ocean breeze and spectacular views. The second bathroom, which also serves as a laundry, emphasizes practicality while maintaining a stylish appearance. It includes ample space for a washing machine and dryer. Featuring stone countertops and an open-style shower, this bathroom offers a blend of sophistication and easy-to-maintain elegance. Ideally situated just 120 meters away from patrolled beaches, and close to Palm Beach's renowned dining spots and entertainment venues. Immerse yourself in upscale apartment living at the Northshore residences. This is an unmissable opportunity for those in pursuit of a harmonious mix of comfort, convenience, and quality. Property Features: ● Secure access via keypad entry ● Air-conditioned open plan living ● Ceiling fans ● Stylish open-plan kitchen ● East-facing windows with lots of natural light ● Both bedrooms overlook the ocean ● Oval back-lit mirrors in the bathrooms ● Modern style flooring throughout ● Main bathroom with laundry space ● Unique master suite with reverse cycle air conditioning, ensuite bathroom with walkthrough wardrobe. Highlights of the Complex include: ● Infinity pool ● Spa ● Beach showers ● Sauna ● BBQ facilities ● Outdoor dining ● Private dining room with kitchen and facilities ● Lounge room ● Cinema room ● Four private office suites ● Indoor gym with designated yoga lawn Facts Rates – Upon Request Per / Annum Approximately. Utilities – Upon Request Per / Quarter Approximately. Body Corp – $87 Per Week Approximately. Rental Appraisal: $950–$980 Approx Sinking Fund Balance: TBC Centrally located and close to: • Ocean ways (150m) 2 min - Gold Coast Recreation centre (150 m) 2 min • Tallebudgera Surf Club (150m) 2 min • Palm Beach Public School (1.5km) 3 min • Palm Beach-Currumbin State School (4.5km) 8 Min • The Pines Shopping Centre (6.1km) 10min • Pacific Fair Shopping Centre (8.9km) 20 min • Close to restaurants/cafe's/shops • Close to public transport; train stations and bus stops within walking distance • Parks, bicycle and walking tracks near by Experience the epitome of coastal living at its finest at 507/5 Nyrang Avenue, Palm Beach. This brand-new apartment is child and pet friendly. There are many lifestyle features not mentioned above which all add to its functionality and liveability. This home is perfect to either raise your family, watch the area grow, reap the rental return, or simply enjoy life in the suburbs. Don't miss this opportunity to secure this home in this superb location of Palm Beach. Contact Sam Tahana on 0400 047 129 or Jordan Baldan-Vine on 0468 544 264 today. Disclaimer Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
100 m² lot size
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 507/5 Nyrang Avenue is $1.2m.

Median value
$1.2m
Estimated value range
$695k - $15.82m
Median days on market
24
Estimated value trend
15%
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 507/5 Nyrang Avenue

2024
Sold
$980,000
19 Aug 2024 by Sam Tahana, of Image Property Aspley

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 2 bedroom apartments in Palm Beach

In the last 12 months, 95 two-bedroom apartments similar to 507/5 Nyrang Avenue, have been sold.

This represents a 15% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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