60 Coolibah DrivePalm Beach QLD 4221
Property Details for 60 Coolibah Dr, Palm Beach
60 Coolibah Dr, Palm Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 700m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (July 2025)
Calling all astute renovators, developers and investors - this is the lucrative property opportunity you've been waiting for. Perched in a prime location approx. 15 minutes walk from the beach, this 700m2 corner block is ripe with untapped potential. Boasting dual street access and wide frontage, explore your options to landbank, develop or subdivide the allotment (STCA) and maximise your future gains.
Alternatively, modernise the existing 3-bed, 1-bath brick single level home and make it your own. Overlooking established greenery, it's also a comfortable investment option that features a functional kitchen and open plan living and dining zone. Those seeking extra space will appreciate the garage conversion into a multi-purpose room with a second toilet, as well as the large outdoor shed.
A sought-after location, not only can you stroll to the sand and surf, it's also within walking distance of Mallawa Sports Complex, Palm Beach State School and the 19th Avenue shopping precinct. A host of local cafes are within easy reach too, or make a short 2km drive to sample the vibrant Palm Beach restaurants, cafes, bars and boutiques.
Whether you renovate, rebuild, rent, develop or subdivide - with subdivision pending council approval - the rewards are here for the taking. Don't miss out, inspect today!
Property Overview:
Solid brick, single level home ripe with lucrative potential
Fully fenced 700m2 corner block, approx. 15 min walk to the beach
Enticing possibilities await to renovate, rebuild, add to your investment portfolio, landbank, develop or subdivide (STCA)
Comfortable and well presented, with an outlook on to lovely, established greenery
Tasteful, functional kitchen
Open plan living and dining zone
Three generously sized bedrooms with built-in robes
Original condition bathroom
Open-air alfresco patio set against a lush and leafy backdrop
Garage converted into a multi-purpose room with a second toilet
Large shed for storage or parking
Electric solar hot water
NBN internet
Daikon air-conditioning
Walk to Mallawa Sports Complex, Palm Beach State School plus local cafes and parks
2km from vibrant Palm Beach restaurants, cafes, bars, boutiques and supermarket
* Current tenant lease ends 7/5/2025
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 60 Coolibah Dr, Palm Beach, QLD 4221
- 26 Apr 2025Sold for $1,780,000
- 09 Apr 2025Listed for Sale Expressions of Interest closing 10th May
- 19 Apr 2024Listed for Rent $975 / week
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 10,709 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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