7 Molucca Ave, Palm Beach is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 508m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Take advantage of this rare and outstanding opportunity to purchase 3 units on one title.
This property is zoned medium density residential and is ideal for duplex development. Currently there are 3 individual 2 bedroom, 1 bathroom units on this block that are not strata titled, the current tenants are paying a combined weekly rental of $910.
You could choose to renovate the existing units and increase your rental returns, or demolish the building and start again, the possibilities are endless.
These units are situated on a 508m2 block that is literally 275 metres to the beach, this is one of The Gold Coasts most highly sought after locations with the popular Pirate Park and Currumbin Estuary at your door.
Just 10 minutes to Coolangatta Airport and 5 minutes to Burleigh Heads, this property wont last long!.
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:
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