FOR SALE
Expression of Interest

1/114 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 630m2
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Premiere Investment Opportunity in the heart of Surfers Paradise - Vendor prepared to meet the market

- Experienced Gold Coast Operator
- 3-year lease with Options
- Premium Beachside Location
- Large Scale Developments in the Immediate Area
- 378m2* plus 252m2* of exclusive use total area 630m2*
- Motivated Seller Divesting Assets
This fully licenced restaurant has seating capacity for circa 250 people* and boasts a significant high trade volume.
This passive investment opportunity has been tightly held for the past 15 years.
The well-established tenant has been operating on the Gold Coast for over 2 decades and is one of the most experienced restaurateurs with a major focus on international and local trade. This Restaurant offers a large open plan dining room overlooking the Surfers Paradise Beach and Swimming pool within the Focus Apartment Building.
*Approx.
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Property Details for 1/114 The Esplanade, Surfers Paradise

Building Type
Commercial
Floor Size
630m2

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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,214 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:

  • The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
  • Houses have a median rent of $750 while Units have a median rent of $673.
There are currently 368 properties listed for sale, and 85 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1595 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Brad Merkur
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Travis Brown
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RWC Gold Coast
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.