49 Palm Beach AvenuePalm Beach QLD 4221
Property Details for 49 Palm Beach Ave, Palm Beach
Last Listing description (September 2023)
On behalf of our valued client, Cushman & Wakefield is pleased to present this outstanding development opportunity at 49 Palm Beach Avenue to the market for sale via Auction (if not sold prior).
Key Attributes Include:
723sqm Medium Density Residential (MDR) site
57m dual street frontage on corner block
400*sqm existing industrial facility
Fully leased with holding income and opportunity for rental uplift
400m from beach and nearby amenity / entertainment hub
Site free of any easements, encumbrances or contamination
Prime position with immediate access to the Pacific Motorway
*Approximately
The subject property is located on the corner of Palm Beach Avenue and Philippine Parade with direct access to the Gold Coast HWY and Pacific Motorway M1 and walking distance to nearby shops and beach access.
Nearby Landmarks and POI's
The Collective Palm Beach 200m
Palm Beach 400m
Coles - Pavilions Palm Beach 500m
Pacific Motorway M1 500m
Burleigh Heads 4km
Gold Coast Airport 8km
Surfers Paradise 14km
The property is to be sold via Auction on Thursday 10th August, 2023 at 1pm (if not sold prior). To request access to the data room or to arrange an onsite inspection, please contact the appointed agents at Cushman & Wakefield.
Property History for 49 Palm Beach Ave, Palm Beach, QLD 4221
- 10 Aug 2023Sold for $2,125,000
- 21 Jul 2023Listed for Sale Contact Agent
- 09 Jul 1984Sold for $189,000
Recent sales nearby
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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 10,705 properties. Over the last 5 years, Houses in Palm Beach have seen a 64.50% increase in median value, while Units have seen a 86.12% increase. As at 31 May 2026:
- The median value for Houses in Palm Beach is $2,135,506 while the median value for Units is $1,236,066.
- Houses have a median rent of $1,200 while Units have a median rent of $820.
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