2A Cypress TerracePalm Beach QLD 4221
Property Details for 2a Cypress Tce, Palm Beach
2a Cypress Tce, Palm Beach is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 205m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (August 2024)
INVESTORS ONLY ENQUIRE - this home has currently just been rented on a 12 month lease at $1,400 per week.
A bank valuation was done at 2A Cypress Tce, the valuation from the bank is $1,975,000 and the asking price is $1,950,000, so if you are looking for a property that's just under 2 years old and absolutely nothing to do, this is great value for your money. The valuation can be provided upon request.
A fantastic opportunity for the astute investor, it has a great rental return of approximately $1,400 per week and you also receive a deprecation schedule for 2024 -2025 with an approx return of $31,000.
Located just 335 metres from the pristine patrolled surf beach of Palm Beach and just a short 260 metre stroll to your local shops, cafes and restaurants.
This stunning 3 bedrooms, 3 bathrooms, double lock up garage and pool, are a testament to sophistication and charm, meticulously designed across three levels to offer space and privacy for every member of the family.
This near new stunning home, just under 2 years old, represents lifestyle, location and luxury. This residence has been meticulously built with sophistication, quality and style, in an ever-demanding market for this product.
Features include:
- In ground saltwater pool
- 3 bedrooms and 3 bathrooms
- Master bedroom makes up the whole top floor with beautifully designed large ensuite, walk in robe and separate wardrobe
- Each floor has a full bathroom
- Large entertaining room and/or rumpus room kitchenette area and compacting doors that open onto pool area and outdoor entertaining
- Beautifully designed kitchen with butlers pantry
- Open plan living/dining area
- Split system air conditioning in each bedroom as well as all living areas
- Ceiling fans throughout
- Large laundry with an abundance of storage
- Outdoor shower
- Double lock up garage with lockable storage space at rear
- 6.6kw solar panels
- Intercom and security system
- North-East facing aspect
- 335m to local patrolled beaches
- Situated in the Palm Beach Currumbin State High School catchment area
Perfectly positioned, this property offers the convenience of only being a short stroll to local surf beaches, Currumbin Creek, Palm beach and Currumbin dog beaches, Palm Beach/Currumbin State High School and Palm Beach's local shops, cafes and restaurants. It is only a short drive to well known Gold Coast Shopping Centres, the M1 and the Coolangatta Airport.
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Property History for 2a Cypress Tce, Palm Beach, QLD 4221
- 27 Feb 2024Listed for Sale Contact Agent
- 18 Mar 2021Sold for $550,000
Recent sales nearby
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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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