1/20 Fifteenth Avenue, Palm Beach QLD 4221

This north facing, elevated, ground floor unit is situated in a small block of only 8 units, in a prime location only 200 metres to the beach in central Palm Beach.

Units in small buildings in such a great location are extremely scarce, offering the astute investor a great opportunity to secure an investment with excellent capital appreciation potential.

• Modern kitchen with stainless steel appliances,
• Two generous bedrooms, both with built-in robes;
• Separate bathroom, separate toilet and separate laundry;
• Low maintenance tiles in the living area;
• Solid double brick construction throughout;
• North facing undercover balcony;
• Elevated ground floor position at the front of the building;
• Extra large single lockup garage with storage area.
• Low Body Corporate.

The unit is currently tenanted on a fixed term lease until March 2026. Current rental return of $725 per week.

This unit is in an excellent location within easy walking distance to the beach and public transport and is also close to all the shops, cafes, and restaurants that Palm Beach has to offer.