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

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Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Monday, October 19, 2026 ( See property details for 5/987 Gold Coast Highway, Palm Beach, Qld 4221)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully located 2-bedroom unit in Palm Beach offering coastal living, modern amenities, and excellent investment potential just steps from the beach.

🏡 Property Highlights

  • Prime beachside location just steps from Palm Beach sands
  • Currently rented until July 2027, ideal for investors
  • Secure lock-up garage for off-street parking
  • Modern built-in wardrobes and broadband internet
  • Close to world-class surf breaks and patrolled swimming areas
  • Vibrant community with access to top amenities and recreational facilities

✨ Key Features

  • Built-in Robes
  • Garage
  • Broadband
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Ensuite

Palm Beach is renowned for its laid-back coastal charm, world-class surf breaks, and vibrant community atmosphere. It offers excellent amenities including top schools, recreational facilities, and easy access to public transport. The suburb boasts pristine beaches, patrolled swimming areas, and a lively local scene with markets and dining options. Its strong educational institutions and active lifestyle options make it ideal for families, professionals, and holidaymakers alike.

What is the current rental income and lease duration?
The property is currently rented until July 2027, providing a stable income stream for investors.
Are there any body corporate fees or additional costs?
Details regarding body corporate fees are not specified; prospective buyers should inquire directly for precise information.
Is the property suitable for holiday rentals or short-term stays?
Given its prime location and current tenancy, the unit is well-suited for holiday rentals or short-term stays, subject to local regulations.
What are the nearby amenities and recreational facilities?
The property is close to surf clubs, patrolled beaches, Palm Beach Aquatic Centre, sporting complexes, markets, and a variety of dining options.
What is the condition of the property and any recent renovations?
The property features modern amenities and built-in wardrobes, with no specific recent renovations mentioned; inspection is recommended for condition assessment.
Are there any upcoming or planned developments in the vicinity that could affect the property's value or lifestyle? What are the strata or body corporate fees, and are there any special levies or assessments? Are there any zoning restrictions or easements that could impact future renovations or extensions? Has the property been tested for flood or bushfire risks relevant to the area? Are there any known issues with the building's structure, plumbing, or electrical systems?

5/987 Gold Coast Highway, Palm Beach, Qld 4221 - More Details

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Set in the vibrant heart of Queensland’s most desirable coastal haven, this delightful 2-bedroom, 1-bathroom unit with a secure lock-up garage sits just steps from the beach, perfectly positioned between the Gold Coast Highway and the legendary Jefferson Lane. Here is your chance to claim a piece of the Palm Beach dream and embrace a lifestyle many only imagine.

The unit features built-in wardrobes for optimal storage and modern convenience, with broadband internet availability. Single garage parking provides secure off-street accommodation for your vehicle, adding practical value to this coastal retreat. The single lounge area creates a comfortable hub for relaxation. The ocean is just a minute away, letting you soak up the breathtaking coastal views that make Palm Beach so special.

This is more than just a unit; it is your own piece of paradise in a prime beachside setting, only a minute’s stroll down Jefferson Lane to the golden sands of Palm Beach, celebrated for its laid-back coastal charm. Swim safely in patrolled areas, watch joyful dogs play on the off-leash southern stretch, and experience world-class surf breaks like the renowned Alley, where paddleboarding, swimming, fishing, and boating await.

If you are looking at the property as an investment with instant income, holiday home, or personal retreat, the unit is currently rented until July 2027 to a very good tenant. This is a great start for a perfect location!

About Palm Beach:
The suburb's exceptional education and recreational amenities create endless opportunities for an active coastal lifestyle:
* World-class surfing conditions
* Palm Beach Reef, located close to its namesake beach on the Gold Coast, is a large reef of varying depths, perfect for any diver.
* Three dedicated surf lifesaving clubs ensuring safe swimming year-round
* Palm Beach Aquatic Centre completed in Dec 2024 featuring heated pools, hydro pool and fitness facilities
* Multiple sporting complexes, including Salk Oval and Mallawa Sports Complex
* Palm Beach’s strong educational foundation, with Palm Beach State School offering quality primary education and the highly regarded Palm Beach Currumbin State High School, with a history of high performance across the range of academic, creative, and sporting pursuits, and widely acknowledged as a leading high school in Queensland.
* Specialised educational facilities like the Tallebudgera Outdoor and Environmental Education Centre
* Currumbin Community Special School
* Excellent public transport with Translink routes connecting residents to major destinations, including Broadbeach, Robina Town Centre, and the Gold Coast Airport. Public transport fares across Queensland are a flat rate of 50 cents per journey and apply to everyone regardless of how far you travel or your commuter status; adults, students, concessions, and seniors all pay 50 cents
* The vibrant local community enjoys easy access to shopping and dining along the Gold Coast Highway corridor.
* Walk to the weekend farmers’ markets, a thriving hub of food and local culture and along the broadwater walkway.

As you can see, by acquiring this property, you are not just buying a home; you’re gaining the never-ending benefits of a Palm Beach Lifestyle. This is more than a home, it's your gateway to the perfect Australian coastal lifestyle in one of the Gold Coast's most desirable and well-established communities.

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Map & nearby places — 5/987 Gold Coast Highway, Palm Beach, Qld 4221

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

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