16/987 Gold Coast HighwayPalm Beach QLD 4221
Property Details for 16/987 Gold Coast Hwy, Palm Beach
16/987 Gold Coast Hwy, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 751m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (February 2020)
You know that phrase "This is the Best Unit in the block" Well this time it's true...positioned on the end of the block away from the Highway and facing out to the beautiful Southern End of Palm Beach.
You have rear access from Jefferson Lane rather than entering on the Gold Coast Highway. You are one of the three large garages that are also on the Jefferson side.
This unit has never been presented to the market and it's a unique opportunity to secure a unit that embodies everything Palm Beach has to offer.
Not only does this unit present a strong opportunity as a great first home, but given the building has a block size of 2,025m2, it presents strong future potential development. The block size also works as an advantage because you're not looking into your neighbours and it creates great privacy.
It's one of 24 units in the building which keeps the outgoings costs low.
Both the generous sized North facing bedrooms have built in wardrobes and allow in plenty of natural light.
Although the unit is in remarkable condition, it still allows the next owner to add further value.
Palm Beach as a location is climbing the ranks of being one of the most popular suburbs to live on the Gold Coast. Across the road you've got the recently upgraded 5th Avenue Shopping Centre and trendy bars/cafes.
Palm Beach Currumbin High School, Currumbin Creek and Pines Shopping Centre are all within a short walk too. The highly popular Dune Caf and Pirate Park Playground are within a 200m walk also.
Features:
- Large NE facing balcony with great aspect over Jefferson Lane
- Large secure LUG
- Open plan kitchen/living keeping cool through warmer months
- Low body corporate costs
- Good sized bedrooms with built- ins
- Both bedrooms facing North capturing that winter sun
- Added privacy positioned at the end of the block
- Building on large parcel of land --2,025m2
You can't miss let this opportunity pass you by!
Property History for 16/987 Gold Coast Hwy, Palm Beach, QLD 4221
- 20 Jan 2020Sold for $395,000
- 25 Nov 2019Listed for Sale Price by Negotiation $419,000 - $459,000
Recent sales nearby
See more recent sales nearby/assets/perm/smrfrkn5eui6nnzuz7tyqqjprm?signature=78bd3dbdd772b0ea2d8faebaba7a1e127795d76eeded8ec124e08fa6e13bab55){kind=logo}
0
/assets/perm/rkbyfqzypmi6zbbaancp2lzsoi?signature=516524e192f044d33c32ab57b714c474648019bfa5a9d7d2d370d3225d21a72c){kind=logo}
0/assets/perm/a5dng3qaaui6viqe7wsv4wsz4e?signature=452ddee7ba580cc085cc25ba4bf161e7f7cca30be20ec394dda799259462fe5a){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Palm Beach 4221
The size of Palm Beach is approximately 6.3 square kilometres. There are 12 parks, covering nearly 16.0% of the 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 10,712 properties. Over the last 5 years, Houses in Palm Beach have seen a 54.88% increase in median value, while Units have seen a 60.63% increase. As at 31 August 2026:
- The median value for Houses in Palm Beach is $2,168,939 while the median value for Units is $1,183,367.
- Houses have a median rent of $1,200 while Units have a median rent of $850.
Suburb Insights for Palm Beach 4221
Market Insights
Palm Beach Trends for Houses
N/A
N/A
View TrendN/A
N/A
Palm Beach Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
