1/59 Fifth AvenuePalm Beach QLD 4221
Property Details for 1/59 Fifth Ave, Palm Beach
1/59 Fifth Ave, Palm Beach is a 2 bedroom, 2 bathroom Unit with 5 parking spaces and was built in 1970. The property has a land size of 120m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2021)
Rarely does an opportunity like this present in the highly sought after, idyllic lifestyle location of central Palm Beach.
With an abundance of amenities nearby and just a flat stroll to the beach, CBD and vibrant restaurant and caf precinct, these two immaculate, much loved homes offer savvy investors, families, or renovators a multitude of options. Live in one and rent the other, renovate one or both homes to modernize or purchase this premium block of land to build your dream home.
The front house perfectly represents the iconic 1960's beach cottage. Full of character and charm, featuring beautiful original fixtures and hardwood flooring this three bedroom, one bathroom home has been superbly maintained. The sunny, private front yard is made easy care with lush green synthetic turf leaving weekends free to enjoy life on the Coast.
Features of the front cottage include:
Two large bedrooms with ceiling fans, main with original built in robe
Third bedroom or second living area / office from garage conversion
Large functional open kitchen and living
Bathroom with separate w/c
Separate laundry room
Beautiful original windows, doors and features
Single undercover carport and extra off-street parking.
Synthetically turfed outdoor areas for low maintenance living
The rear brick home offers 3 bedrooms and 2 bathrooms over two levels. Spacious, with tiled open plan living flowing to a low maintenance courtyard / alfresco area, this home allows for easy entertaining. The large kitchen has ample cupboard and bench space while three well-proportioned light filled bedrooms and main bathroom on the upper level provide a quiet sanctuary. The master bedroom complete with ensuite and its own private north facing balcony.
Features of the rear house include:
Huge kitchen with ample storage
Spacious open plan tiled living areas
Easy care entertainer courtyard and garden
3 large bedrooms with built in robes and ceiling fans
Master bedroom equipped with ensuite and private balcony
Large main bathroom with separate shower, bathtub and w/c
Separate laundry and w/c on lower level with extra storage and outdoor access
2 car tandem undercover parking and 1 car garage
Fully fenced with security gate
Large garden shed and rainwater tank
Only moments to the bustling caf culture, restaurant and bar scene of Palm Beach, PBC High School catchment, Pines Shopping Centre, sporting facilities, M1 and public transport. Do not hesitate on this unique opportunity.
Property History for 1/59 Fifth Ave, Palm Beach, QLD 4221
- 02 Sep 2021Listed for Sale $1,500,000
- 05 Jul 2021Sold for $750,000
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0About Palm Beach 4221
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:
- The median value for Houses in Palm Beach is $2,048,752 while the median value for Units is $1,194,598.
- Houses have a median rent of $920 while Units have a median rent of $820.
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