5/1398 Gold Coast Highway, Palm Beach QLD 4221

1976 boutique complex | 252m² lot | ocean views | walk to beach | low-maintenance coastal base This unit presents a competitively strong, low-supply proposition as a larger-format apartment on a substantial 252-square-meter lot, a configuration increasingly rare in coastal precincts. Its 1976 build within a boutique complex offers a genuine, low-maintenance beachside position with ocean views, directly serving buyers seeking permanent coastal living or a simplified holiday holding with walkable amenities. The property’s core strength is its land component and location, which structurally supports long-term value over the building itself. The decision hinges on accepting the inherent cost of an older building, requiring a diligent strata review to quantify future capital works liabilities. The listed price sits at the upper end of estimated value ranges, demanding validation against recent boutique complex sales. Acquire this for lifestyle occupancy or as a long-term hold; its rental yield is secondary to its land scarcity and positional permanence in a high-demand coastal strip.