29/1265 Gold Coast Highway, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

29/1265 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
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Property Details for 29/1265 Gold Coast Hwy, Palm Beach

29/1265 Gold Coast Hwy, Palm Beach is a 4 bedroom, 4 bathroom Unit with 4 parking spaces.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (May 2019)

This Penthouse covers the whole top floor of the Periscope apartment building and is designed to maximise the views from all areas of the apartment. Every bedroom has views over the ocean and the kitchen and lounge area encompasses the whole north-east corner.
The massive balcony is 126m2 and wraps around the whole building, allowing views north and south along the coast and far out into the ocean, or provides a brilliant space to relax with the hinterland sunset.
The internal area is an expansive 283m2 with 2 distinctly separate areas, in case you need the space.

This penthouse has all the luxuries you expect - from a media room, to wine chiller cabinet, to a lounge beer fridge and a massive butlers pantry.
Plus the penthouse even has a private hot/cold spa pool on the northern fa ade with a room that be opened or closed to the weather. Choose a cold pool open the heat and breeze in the summer afternoon or a hot spa, closed away in winter, overlooking the lights of Surfers Paradise at night.
The Master bedroom extends out to the south-east with arguably the best views on the coast. You can literally watch the whales from your bed in the morning. The ensuite is open plan with a partition wall for privacy and includes 2 basins, a large frameless shower and a big deep bath. Even the toilet has a view of the ocean!
The interior is designed to reflect the coastal nature of the position and bring the outdoors in. The timber and sandstone will make your home feel a part of the beachside lifestyle and will last the test of time.
The apartment comes with 4 side-by-side car spaces, to park all of your cars or toys. How hard is it to find 4 spaces beside the beach?
Should you wish to socialise with other residents, the rooftop terrace is a private oasis, offering a facility like no other on the Gold Coast. Swim in the modern edge pool and in the evening, meet your friends at the sunset BBQ and dining area.
How rare is this; a brand new luxury apartment on Palm Beach, where you can walk out the back gate and be virtually on the beach.

ALSO, how is this for an option:
Split the apartment in 2 and create a dual key, dual living arrangement. You occupy the stunning eastern side of the building with all the luxuries outlined above. Plus the western side becomes a separate luxury apartment for the family or friends to visit. You could even rent the second apartment for short term holiday guests and make some income.
The option is available now but only for a limited time.
Features:
Apartment Type - Full floor level 7 Penthouse
283m internal area with 126m balcony
Massive balcony with 360 degree access for protection from wind
Current 4 bedrooms design but you can choose
Bathroom numbers can be decided by you too.
Massive ensuite with double basins and XL shower
A free standing deep set bath in the master bathroom with ocean views
Timber look floor tiles throughout the living area and plush carpet for bedrooms
Walk-in mirrored wardrobes
You choose the kitchen appliances
60mm stone kitchen bench top
Timber breakfast bar
Air conditioning
4 secure basement carparks with private 8m2 storage cage
Rooftop edge pool with massive decks and loungers
Tranquil rooftop oasis with BBQ, dining table and lounge area
Walk out of the rear gate straight onto Jefferson Lane and the sandy beach
Surfboard and SUP racks in the basement

Property History for 29/1265 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
  • 24 Jan 2019
    Listed for Sale Not Disclosed
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About 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 10,723 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.
There are currently 136 properties listed for sale, and 25 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 522 properties were sold in the past 12 months in Palm beach.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.