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

Location
Market Insights for Palm Beach QLD 4221
New Listings (last 30 days)
24
Average price
$2,415,500
Lowest price
$780,000
Highest price
$10,000,000
Other properties in this postcode

503/1409-1411 Gold Coast Highway, Palm Beach QLD 4221

Offers Over $2,399,999

Listed: 2 days ago
Updated: yesterday
Overview

This brand-new luxury apartment is situated on the fifth floor within the boutique Elevaire development, offering a rare opportunity to acquire a never-lived-in residence in Palm Beach, one of the Southern Gold Coast’s most coveted beachside precincts.

The apartment harmoniously blends sophisticated design with practical coastal living. Bright and spacious, the open-plan interiors feature engineered timber flooring and soaring ceilings with floor-to-ceiling glazing that fills the living spaces with natural light, creating an inviting and airy ambiance.

Central to the home is the designer kitchen, equipped with premium Smeg appliances, bespoke cabinetry, and high-quality stone benchtops. This combination ensures both elegance and functionality, appealing to those who appreciate superior finishes and attention to detail.

With three bedrooms, two bathrooms, and secure parking for two vehicles, this residence caters well to professionals, small families, or investors seeking a low-maintenance, lock-and-leave lifestyle. The generous balcony extends the living area, providing a perfect setting for year-round entertaining or relaxing in the coastal climate.

The development itself offers wellness-focused amenities including hot and cold magnesium pools, a sauna, landscaped sun deck, outdoor shower, and an entertaining pavilion with BBQ facilities, enhancing the lifestyle convenience for residents.

Situated approximately 100 meters from the beach, the location boasts exceptional walkability to cafés, restaurants, boutique shopping, and recreational attractions like the Burleigh Headland walking trail and Tallebudgera Creek. Easy access to major transport routes and the Gold Coast Airport further adds to the property’s desirability.

For investors, the apartment presents a compelling proposition with strong rental demand, potential depreciation, and negative gearing benefits. The body corporate fees are approximately $139 per week, supporting the upkeep of the exclusive community facilities.

  • Brand-new, never-occupied apartment in a boutique development of 40 residences
  • Three bedrooms and two bathrooms with ducted air-conditioning
  • Spacious open-plan design with engineered timber flooring and premium finishes
  • Secure basement parking accommodating two vehicles
  • Well-appointed kitchen with quality Smeg appliances and stone benchtops
  • Access to wellness-inspired amenities including magnesium pools, sauna, and BBQ area
  • Prime location close to beach, dining precincts, and natural attractions
  • Investment appeal with strong rental potential and financial advantages for eligible buyers

This residence melds the appeal of coastal luxury with the benefits of a brand-new build, making it an outstanding choice for discerning buyers and investors seeking a quality home in a tightly held Palm Beach locale.

Local Market Insights

In Palm Beach, Quiet Listings observed 24 new apartments entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $2,415,500. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (25%), and units (8%). The most active agency for apartments in the Palm Beach area is currently Ray White, representing 21% of new listings, followed by Harcourts with 17%. 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.