5/3A Third Avenue, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

5/3A Third Avenue
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 223m2
Land area: 963m2
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Property Details for 5/3a Third Ave, Palm Beach

5/3a Third Ave, Palm Beach is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 963m2 and floor size of 223m2.

Building Type
Unit
Year Built
2016
Floor Size
223m2
Land Size
963m2
Local Government
Gold Coast City

Last Listing description (March 2025)

Welcome to the most exceptional Penthouse on the Gold Coast a sprawling 314m of pure luxury, all on one breath-taking level. This isn't just an apartment; it's the best we've ever seen. Third Ave Apartments is Located in the heart of Palm Beach, this rare 5-bedroom masterpiece will take your breath away, offering a lifestyle of sophistication, privacy, and unparalleled comfort. On a huge 963m2 Corner Block in highly desirable position. This spectacular location is home to a sensational Penthouse that spans nearly the entire width of the block, offering an unrivalled living experience. Situated at 5/3a Third Ave, Palm Beach / 5/1015 Gold Coast Highway, Palm Beach QLD 4221, this residence is truly outstanding! This is a must to be seen, has an exceptional feel and is even better in person.

An Exclusive Gem Opportunities like this don't come around often. This is a property that must be seen to be believed! Imagine yourself enjoying endless sunrises over the horizon, with vast views of the Pacific Ocean. Palm Beach is known for its pristine coastline, but living in this Stunning coastal-inspired Penthouse puts you on a whole new level of beachside luxury. Built in 2016 and curated to perfection, this residence is unlike anything else you'll find on the market.

Massive Space, All on One Level with huge open plan luxury living, plus double secure parking and additional storage, this penthouse offers wide, open spaces perfect for entertaining, family living, or simply retreating into your own private haven. The expansive winged layout provides a seamless flow from room to room, with soaring 3.8m raked ceilings that elevate the feeling of grandeur. This is a home were privacy, comfort, and luxury blend seamlessly.

Unmatched Design and Features Every detail in this home has been thoughtfully designed for luxury living. The 11m-wide living area opens onto a stunning 20m-wide balcony with Views. The sheer size and openness of this Penthouse creates an unrivalled sense of space. Whether it's hosting a lavish dinner or lounging with family, the versatile design offers endless possibilities.
The heart of the home the kitchen is nothing short of spectacular. Arguably one of the best entertainer's kitchens in Palm Beach, it boasts a 5.7m-long Caesarstone island bench, a built-in fridge/freezer drawer, plus double wine fridge, integrated dishwasher, and a handmade Spanish tile splashback that adds a touch of artistry. Every meal will be a delight in this designer kitchen, perfect for those who love to cook and entertain.

Luxurious Bedrooms & Bathrooms With 5 large bedrooms, this Penthouse can accommodate families of all sizes. Whether you need a dedicated home office, a teenage retreat, or space for the grandkids, you'll find it all here., the options are yours. The master bedroom offers luxury at its finest with vaulted ceilings, plantation fans, and designer finishes. The three modern bathrooms are impeccably appointed with high-end fixtures, making your everyday routine feel like a spa experience.

Outdoor Living Paradise Step outside to your private outdoor oasis. The massive balcony is an entertainer's dream with ample space for outdoor dining, relaxing, or simply taking in the views. From quiet mornings sipping coffee to vibrant evening gatherings, this balcony can do it all. The addition of sliding aluminium shutters ensures privacy and shade when needed, while the lush, tropical greenery adds a touch of paradise to your doorstep.

Sophisticated Modern Conveniences
This Top Floor level 3 Penthouse comes packed with modern conveniences, including:

2 side-by-side car parks plus a storage cage. There are 2 visitor car spaces
Luxurious 11m wide living space
Expansive 3.8m vaulted ceilings in the living area
Oak flooring (engineered and direct acoustic glued for enhanced acoustics)
Massive 8 storage cupboards in addition to bedroom storage. Simply Outstanding.
LED lighting and Clipsal switches throughout
Electric sheers and curtains (40 square metres in the living room) LED lighting, and Clipsal switches throughout
Plantation window shutters for added privacy and style
Whisper-quiet designer DC fans in 3 bedrooms for efficient airflow
Plantation fans in the office/front bedroom, living room, and master bedroom
Samsung electric fingerprint/coded entry lock for enhanced security
Comelit video intercom system for added peace of mind
Mitsubishi Electric fully ducted & zoned air-conditioning system
All 5 apartments in the Block are all owner occupied with no children present.

Outdoor Living:
Expansive 20m wide balcony with stunning views
Aluminium sliding shutters on both main balconies for privacy and sun control
2 North Garden large balconies and a stunning green wall, perfect for entertaining
Ample space for outdoor dining, lounging, and hosting gatherings

Bedrooms & Bathrooms:
5 substantial bedrooms
3 beautifully designed, substantial bathrooms
Well-appointed laundry with ample storage and workspaces
Built-in wardrobes in all bedrooms with additional storage solutions throughout

Kitchen Features A Chef's Dream:
Kitchen Connection designed kitchen with custom features
5.7m wide kitchen island bench, perfect for entertaining and food prep
Caesarstone benchtops (40mm with waterfall edges for a sleek, modern finish)
Handmade custom pendants from Morocco adding a unique, artistic touch
Handmade Spanish tile splashback, giving the kitchen character and warmth
Sirius Valentina flush mount cassette rangehood with external extraction for powerful and quiet ventilation
SMEG induction cooktop and 900mm oven, ideal for the home chef
Pull out fridge draw plus two wine fridges

Shared Amenities:

Secure underground parking
Lift servicing all floors for convenience You are level 3 Full Floor
Covered outdoor dining area for shared use with other residents
Established tropical gardens, meticulously maintained for a serene environment
7m swimming pool shared among residents for refreshing dips

Third Avenue Apartments is situated on the corner of Third Avenue and the Gold Coast Highway, just a short walk from Palm Beach Parklands and Currumbin Creek.

This Penthouse is a rare find, combining beachside luxury, sophisticated design, and expansive living spaces. It offers everything you could possibly need and more for a life of leisure, privacy, and modern elegance.
The Perfect Lifestyle Living in Palm Beach means more than just owning a home; it's a lifestyle. The suburb is home to one of the most pristine beaches in Queensland, where crystal-clear waters and soft golden sands await. With boutique shops, top-notch restaurants, and charming cafes just a short stroll away, this is the perfect place for those who want to live in paradise without sacrificing convenience.

Ideal for All Types of Buyers This stunning Penthouse is ideal for a wide range of buyers from families looking to downsize from a large home while still having ample space to entertain, to those seeking a luxurious holiday retreat. Whether you're a couple with a large extended family or a savvy investor looking for a high-end rental, this property offers everything you could ever want and more.

Approximate Outgoings
Approximate Body Corporate- $277 a week
Approx Rates-$10,000 per annum
Approx Water-$300 per week.

Don't miss your chance to own this rare Penthouse, the pinnacle of beachside luxury. Book your private inspection today and prepare to fall in love with this incredible sky home the best apartment we've ever had the privilege to represent!
Phone anytime for viewings,
Or Inspections this week
Thursday 4.45pm till 5.15pm
Saturday 11.15am till 11.45am

INTERSTATE BUYER'S INFORMATION:
Palm Beach is a laid-back coastal area on the Southern Gold Coast in Australia, nestled between Tallebudgera Creek and Currumbin Creek. Known for its pristine beaches, it has been awarded Queensland's cleanest beach multiple times. The region offers a variety of beachfront properties, including high-rises, Stunning smaller boutique blocks such as ours, beach shacks, new builds, award-winning homes, and apartments and resorts.

Palm Beach is a paradise for surfers and sunbathers, thanks to its wide, sandy, and stunning beach. It also boasts a selection of upmarket restaurants and casual dining options. Nearby attractions include Laguna Park, Palm Beach Parklands, Palm Beach Surf Club, Palm Beach Currumbin State High School, and Currumbin River.

Education options include Palm Beach State School, providing prep to year 6 education, and Palm Beach Currumbin State High School, renowned for both academic excellence and sporting achievements.

Palm Beach offers access to Pirate Treasure Island Playground, Currumbin Wildlife Sanctuary, Burleigh Head National Park, Currumbin Beach, Currumbin Creek, and Tallebudgera Creek.

The Third Avenue Apartments is situated on the corner of Third Avenue and the Gold Coast Highway, just a short walk from Palm Beach Parklands and Currumbin Creek. A convenient bus service stops on the Highway every 15 minutes for easy access to commute.

For dining options, Palm Beach provides a variety of restaurants, including Talle Surf Club, Palm Beach Surf Club, The Collective, Dune Cafe, Barefoot Barista, Espresso Moto, the stunning new Tarte Beach House on the Creek and the nearby Currumbin RSL. For shopping, The Pines Elanora offers fashion retailers, fast-food outlets, coffee chains, and supermarket stores, all under one roof. Alternatively, Pacific Fair, the largest shopping centre on the Gold Coast, is just a 15-minute drive to Broadbeach, and Robina Town Centre is a popular shopping, dining, leisure, and entertainment destination featuring over 400 specialty stores.

Advertising Disclaimer:
You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise.

Property History for 5/3a Third Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Listed for Rent
$2.50k/w
05 Sep 2024
  • 13 Sep 2024
    Listed for Sale Contact Agent
  • 22 May 2024
    Listed for Rent $3,000 / week
  • 11 Nov 2022
    Listed for Rent $3,000 / week
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About 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 10,591 properties. Over the last 5 years, Houses in Palm Beach have seen a 90.23% increase in median value, while Units have seen a 111.90% increase. As at 30 November 2025:

  • The median value for Houses in Palm Beach is $2,030,005 while the median value for Units is $1,189,262.
  • Houses have a median rent of $915 while Units have a median rent of $800.
There are currently 64 properties listed for sale, and 29 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 547 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.