1/29 Leyte Ave, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 114m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Whilst the formal floor plan of this single level duplex is the regular lay-out we all know so well, this one comes with a twist.
On title, Unit 1 owns both garages attached to the property. Unit 1 then grants Unit 2 exclusive use of one garage under a 99-year registered lease (with 55 years remaining).
The lock-up garage for Unit 1 has internal access into the house and its currently re-configured into two separate parts.
One section is used for Unit 1 general storage, accessed from the driveway side of the residence. The other section is a multi-purpose room accessed internally directly from the second bedroom.
This arrangement gives great space and flexibility. It can also be returned to original-use garage quickly and easily, if required.
Perfectly suited to investors, first home buyers, small families, or retirees.
The spacious, and fenced courtyard is private and perfect for entertaining guests, kids and pets.
- Updated kitchen with ample storage and bench space
- Combined living and dining area
- Two bedrooms with built-in robes
- Split system air conditioning in the main bedroom and the living room
- Ceiling fans in the bedrooms and the living room
- Skylights in every room illuminate and vitalise the home
- Good size bathroom
- Separate laundry room with storage adjacent to the kitchen and external access to outdoors
- Off street parking in front of the re-purposed garage
- Spacious front courtyard suitable for kids play, pets, BBQs and entertaining guests
- Located in a quiet street and so close to everything, including the beach, Saturday farmer's markets, shops, parks and so much more
- Close to Palm Beach Currumbin State High School, sports clubs and facilities.
- Pet friendly
- Garden shed
- No Body Corporate fees except the annual building insurance (shared with Unit 2)
- Current lease: $430pw expires 31 Jan 2023
- Rent potential: $650pw approx.
- Water Rates: $1,400pa approx.
- Shared Building Insurance: $1,540pa approx.
COVID-19
Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.
We respectfully request the following attendees please contact us to make alternative viewing arrangements:
- Person (s) feeling unwell;
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The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16.0% of total area. The population of Palm Beach in 2016 was 14654 people. By 2021 the population was 16349 showing a population growth of 11.6% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation.In 2021, 60.60% of the homes in Palm Beach were owner-occupied compared with 55.20% in 2016.
Palm Beach has 10,627 properties. Over the last 5 years, Houses in Palm Beach have seen a 95.91% increase in median value, while Units have seen a 113.42% increase. As at 31 December 2025:
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