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Back 60 Coolibah Dr
Off Market

60 Coolibah Dr

Palm Beach QLD 4221

3
1
2
700 m²
House
Dan MoloneyDan Moloney, last sold this property on 01 May 2025 after 22 days on market.

Overview

Lucrative Property Opportunity in Central Palm Beach

Calling all astute renovators, developers and investors - this is the lucrative property opportunity you've been waiting for. Perched in a prime location approx. 15 minutes walk from the beach, this 700m2 corner block is ripe with untapped potential. Boasting dual street access and wide frontage, explore your options to landbank, develop or subdivide the allotment (STCA) and maximise your future gains. Alternatively, modernise the existing 3-bed, 1-bath brick single level home and make it your own. Overlooking established greenery, it's also a comfortable investment option that features a functional kitchen and open plan living and dining zone. Those seeking extra space will appreciate the garage conversion into a multi-purpose room with a second toilet, as well as the large outdoor shed. A sought-after location, not only can you stroll to the sand and surf, it's also within walking distance of Mallawa Sports Complex, Palm Beach State School and the 19th Avenue shopping precinct. A host of local cafes are within easy reach too, or make a short 2km drive to sample the vibrant Palm Beach restaurants, cafes, bars and boutiques. Whether you renovate, rebuild, rent, develop or subdivide - with subdivision pending council approval - the rewards are here for the taking. Don't miss out, inspect today! Property Overview: • Solid brick, single level home ripe with lucrative potential • Fully fenced 700m2 corner block, approx. 15 min walk to the beach • Enticing possibilities await to renovate, rebuild, add to your investment portfolio, landbank, develop or subdivide (STCA) • Comfortable and well presented, with an outlook on to lovely, established greenery • Tasteful, functional kitchen • Open plan living and dining zone • Three generously sized bedrooms with built-in robes • Original condition bathroom • Open-air alfresco patio set against a lush and leafy backdrop • Garage converted into a multi-purpose room with a second toilet • Large shed for storage or parking • Electric solar hot water • NBN internet • Daikon air-conditioning • Walk to Mallawa Sports Complex, Palm Beach State School plus local cafes and parks • 2km from vibrant Palm Beach restaurants, cafes, bars, boutiques and supermarket * Current tenant lease ends 7/5/2025 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
700 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Palm Beach over the last 12 months, the estimated median property value of 60 Coolibah Dr is $1.7m.

Median value
$1.7m
Estimated value range
$1.3m - $2.21m
Median days on market
24
Estimated value trend
0%
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 60 Coolibah Dr

2025
Sold
Undisclosed
Private Sale/Treaty on 01 May 2025 by Dan Moloney, of Coastal Palm Beach
2024
Rented
Undisclosed
Leased on 30 Apr 2024 by LJ Hooker Southern Gold Coast
2017
Sold
$658,000
Private Sale/Treaty on 21 Sep 2017 by Adam Richards

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 84 reviews in Palm Beach over the last 12 months.

Local market activity for 3 bedroom houses in Palm Beach

In the last 12 months, 64 three-bedroom houses similar to 60 Coolibah Dr, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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Paula Dunford

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Tracy Tomars

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David Lonie

Sellers who recommend David Lonie have praised them for being clear communication, local expert, responsive, reliable, honest, supportive and trustworthy

  •   4.9   (496 reviews)
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Rob Cinelli

Sellers who recommend Rob Cinelli have praised them for being clear communication, local expert, responsive, great negotiation, reliable, supportive and honest

  •   4.9   (88 reviews)
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