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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1202/10 Fifth Avenue, Palm Beach QLD 4221

Offers Above $699,000

Listed: 58 days ago
Updated: yesterday
Overview

Set in the desirable Pavilions building, this generously sized 64sqm one-bedroom unit presents an excellent opportunity for those seeking a beach-adjacent lifestyle or a sound investment. Boasting a bright north-facing aspect, natural light fills the living spaces adorned with timber floorboards, creating a warm and inviting atmosphere.

The modern kitchen is practical and well-equipped, featuring a gas cooktop, electric oven, and dishwasher, providing both convenience and functionality. Comfort is assured year-round with air conditioning, while the internal European laundry adds to the home's efficiency.

A standout feature of the apartment is the spacious 13sqm balcony offering district views, perfect for relaxing or entertaining. Residents benefit from secure basement parking with two allocated car spaces and access to resort-style amenities, including a 25-meter swimming pool, heated spa, and a rooftop deck with BBQ facilities that offers sweeping views from the ocean to the hinterland.

Currently leased at $600 per week until January 2027, this property suits investors seeking a reliable income stream as well as buyers looking for a set-and-forget, future beachside retreat. Its prime location puts cafes, restaurants, shops, and coastal attractions within easy reach, enriching everyday living in one of the Gold Coast's most sought-after suburbs.

  • North-facing aspect ensuring abundant natural light
  • Two secure basement parking spaces included
  • Spacious balcony with scenic district views
  • Resort facilities provide a lifestyle of leisure and convenience
  • Strong rental yield through an existing lease agreement
Local Market Insights

In Palm Beach, Quiet Listings observed 5 new units entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,006,600. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (21%), and units (9%). The most active agency for units in the Palm Beach area is currently @Realty, representing 20% of new listings, followed by PRD Nationwide with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Palm Beach QLD 4221
New Listings (last 30 days)
5
Average price
$1,006,600
Lowest price
$700,000
Highest price
$1,639,000
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