2/21 Magnoli Circuit, Palm Beach QLD 4221

3 bedrooms | 2 car garages | flood overlay present | premium Magnoli Estate | refined coastal living This townhouse in Magnoli Estate offers a rare configuration advantage: three bedrooms plus a dedicated study, with both car spaces enclosed in garages,an uncommon combination in a villa product. The internal area of approximately 229 square metres is generous for the type, and the estate’s coastal positioning within Palm Beach gives it a demand profile that suits families needing a home office or professionals seeking lock-and-leave convenience. The flood overlay is the single material risk to a buyer’s position. It does not preclude purchase, but it will narrow the lender pool, raise insurance premiums, and may soften resale velocity in a soft market. The absence of bushfire or heritage constraints is neutral but favourable for financing clarity. For an owner-occupier, the flood risk is manageable if the property sits above defined flood levels,a valuer’s inspection is non-negotiable before exchange. For an investor, the weekly rental range of $1,100 to $1,300 supports a gross yield near 4 percent at the lower end of the value band, which is competitive for the suburb. The off-market status suggests motivated sellers or limited exposure, giving a buyer potential negotiating leverage. Hold this property as a medium-term coastal residence or rental; capital growth will track the broader Gold Coast premium market, not this unit alone.