5/987 Gold Coast Highway, Palm Beach, QLD, 4221

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5/987 Gold Coast Highway, Palm Beach QLD 4221

CONTACT AGENT

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$890k - $979k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 1 Car

Listed: 2 days ago

Overview

This appealing 2-bedroom, 1-bathroom unit offers a quintessential coastal lifestyle in the heart of Queensland’s sought-after Palm Beach. Situated only a minute’s walk from the pristine golden sands and nestled between the Gold Coast Highway and Jefferson Lane, it presents a unique opportunity to enjoy direct beachside living with excellent conveniences close at hand.

The property is designed for both comfort and practicality, featuring built-in wardrobes that optimize storage in the bedrooms, and broadband internet connectivity catering to modern living needs. A secure, single lock-up garage adds significant utility and peace of mind, providing off-street parking in this highly accessible location.

The living area serves as a welcoming space for relaxation, benefiting from the serene surroundings and easy access to coastal views. The property's proximity to world-class surfing spots such as Alley, as well as the chance to swim in safe, patrolled waters, lends itself well to active outdoor enthusiasts and beach lovers alike.

Beyond the property itself, Palm Beach’s vibrant community and outstanding amenities offer a rich lifestyle. Residents gain access to top-tier educational institutions, a recently completed aquatic centre boasting heated pools and fitness facilities, multiple sports complexes, and three beachfront surf lifesaving clubs. These features create extensive opportunities for families and individuals seeking both recreation and community engagement.

Excellent public transport links connect residents efficiently to key Gold Coast destinations, further enhancing the appeal for professionals and investors looking for convenient accessibility. The local shopping and dining precinct along the Gold Coast Highway, as well as the popular weekend farmers' markets and scenic Broadwater walkway, contribute to a lively and convenient coastal lifestyle.

Currently leased to a reliable tenant until July 2027, this unit represents a solid investment or an ideal holiday retreat. Whether you are seeking a personal coastal sanctuary or a strategic investment, this property combines location, lifestyle, and opportunity in one accessible package.

Local Market Insights

In Palm Beach, Quiet Listings observed 8 new units entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,046,500. The property type mix of listed properties is predominantly Houses at 47%, followed by apartments (24%), and units (11%). The most active agency for units in the Palm Beach area is currently Ray White, representing 25% of new listings, followed by McGrath Estate Agents with 13%. 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.