2302/1328 Gold Coast Highway, Palm Beach, QLD, 4221

$842,000
Sold on 10th January 2022
  • 2 BED
  • 2 BATH
  • 1 CAR

'MAGNOLIA' CONTACT AGENT AS NEW, MOVE INTO PALM BEACH NOW.

A must-see opportunity in Palm Beach””

Amazing lifestyle or investment with an 5.5% return, and full tax offsets, lock in today with certainty and move now
Magnolia… This ultra-modern, clean-lined, resort living unit facing the beach is setting new standards in quality. Here in a quiet and peaceful community, on par or better than anything available on the market today.
On the doorstep are the trendy Palm beach hot spots with surf clubs, café, restaurant, bar and retail shopping, and just around the corner to Burleigh heads with endless options. Perfect as new condition. ONLY 4 MONTHS OLD. The apartment is situated on the 3rd floor, facing East over the beach delivers a modern yet functional generous size layout for simple easy living.

Some of the features:

– 2 spacious bedrooms – Plus Study – 2 bathrooms
– Over the road to the amazing ‘Palm Beach’
– Refreshing flow through sea breezes
– Stunning stone benchtop kitchen with Smeg appliances
– Timber floors
– Great beach side covered entertainment terrace
– Loads of storage
– Generally pet friendly
– And all the other features you would expect

*****Please note Visitor parking is under the building via Brooke Ave*****

Resort Community faculties include:

– Pool with sunken lounge area and sun deck
– Resident private lounge area
– Guests entrance area
– BBQ and entertainment undercover area
– Kids activity playground and massive landscaped park
– On-site café
– Yoga studio

Central to:

– Gold Coast airport within 12 min
– Easy access to the M1 to Byron or Brisbane
– Schools within walking distance
– Public transport at the door

Further Info:

– Council rates – $1,800 pa approx
– Water rates – $1,100 pa approx
– Body corporate – $98 pw approx.
– 5.5% yield – full tax deductions
– Comparable rentals at $850 plus pw

**********OFERS OVER $840,000:*********
Under instruction… all formal offers are submitted

In today’s market recent compariable sales in Oct and Nov 2021 for smaller two bedroom units facing West to the mountains SOLD for $840,000 Vs this two bedroom plus study unit facing East with beach views.


Property Details
Property Type: Residential
Floor Area: 112 SQM

Property Features
Air Conditioning
Dishwasher
Balcony
Outdoor Entertainment Area
Secure Parking
Swimming Pool-In Ground

Property Location