PRD Palm Beach 40-42 Palm Beach Avenue Palm Beach, QLD, 4221 07 5534 6044
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2 / 76 Sarawak Avenue
palm beach
QLD, 4221

SOLD

Sold for $490,000

listing rooms 2
listing bathrooms 2
listing parking 1

GREAT LOCATION - INVESTMENT OPPORTUNITY

This spacious two-bedroom unit overlooks the pool in a small block of only 5 units. The unit is in a much sought-after location with easy walking distance to the beach, Pirate Park and Currumbin Estuary.

There is a permanent long term tenant in place creating an ideal investment opportunity. The unit has spacious open plan living areas with access to a large wrap around balcony overlooking the private inground pool.

• Two generous bedrooms with built in robes;
• Master bedroom with ensuite and pleasant outlook;
• Main bathroom has been recently upgraded;
• Convenient elevated ground floor location;
• Single garage space with extra room for storage;
• Currently tenanted at $410 per week until June 2022;
• Body Corp is approximately $90 per week.

This unit would be an ideal investment opportunity with a good rental return and scope for capital appreciation because of the excellent location being close to the beach, cafes and restaurants and public transport.

Agents

Nearby Schools

About palm beach

median house price

970000

suburb growth

7.8%

median house rent

750

suburb rental yield

4.0%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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