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705/4 Seventeenth Avenue

Palm Beach QLD 4221

3
2
1
132 m²
Apartment
Currently for sale - view listing

Overview

Ultimate Oceanfront Opportunity - Immediate Settlement Available - Start Your Beachfront Lifestyle Today!

Apartment 705 in Hemingway claims the building's premier position - a direct east orientation with uninterrupted ocean views, complete privacy, and zero intrusion from the Gold Coast Highway. Wake up to the sound of the surf, not traffic, and watch the horizon shift from every room. This Apartment is a high performing AirBnB, and settelment is available and ready to transact. Enquire Today Crafted by award-winning Rothelowman and completed in 2021, the apartment remains in its timeless original finish - sleek, understated and impeccably maintained. Move straight in for the summer, continue the strong short-term income, or upgrade to your personal taste. Currently operated as a premium Airbnb, the property generates approximately $150,000 per annum in gross income, returning 6 percent plus while still offering the unmatched long-term growth of true beachfront living east of the highway. Future bookings can be transferred to the new owner, and vacant possession is available immediately. Key Features - Direct east aspect with uninterrupted ocean views from Burleigh to Coolangatta - Absolute privacy, no road noise, and the most desirable position in the building - Expansive balcony with power and water - ideal for effortless entertaining - Open plan design with full height glazing to the ocean - Gourmet Miele kitchen with gas cooking and island bench - Three ocean view bedrooms, master with walk through robe and ensuite - Dedicated study nook perfect for work from home - Two sleek bathrooms in the original 2021 finish - Ducted Daikin air conditioning and ceiling fans - Secure car parking The Numbers That Matter Airbnb Income: ~$150,000 pa (gross ~6 percent return) Fixed Rental Estimate: $1,500 - $1,700 pw Body Corporate: $160 pw Council Rates: ~$2,200 pa Water Rates: ~$1,300 pa 705 Hemingway offers the rare combination of genuine cash flow today, an incredible lifestyle tomorrow, and the long term capital growth that only true beachfront living can deliver. And with immediate settlement available, you can be in and enjoying the sand, surf and summer sunsets by Christmas. Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Features

3 bedrooms
2 bathrooms
1 carspace
1 open car space
132 m² floor area
Apartment

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 88 reviews in Palm Beach over the last 12 months.

Local market activity for 3 bedroom apartments in Palm Beach

In the last 12 months, 24 three-bedroom apartments similar to 705/4 Seventeenth Avenue, have been sold.

This represents a 42% increase in three-bedroom apartments sales when compared to the previous 12 months.

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