FOR SALE
Offers over $480,000

11/14 - 16 Darrambal Street
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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LIFESTYLE PLUS LIVING or SMART INVESTMENT in this magnificent Chevron Island Unit within walking distance to the city & Surfers Paradise Beach!

A magnificent opportunity has become available to own and invest in Unit 11/14-16 Darrambal St, Chevron Island, a now vacant 1st floor one bedroom unit ready for immediate occupancy or invest and lease the property for outstanding returns! This cozy east facing unit is perfectly suited for individuals or couples seeking a blend of comfort and convenience within walking distance to Chevron Island local shopping outlets, the crystal clear sandy beach and the heart of the City in Surfers Paradise! The unit has just recently become vacant ready for the new owner occupier or smart investor to own this FULLY FURNISHED unit that has approximate returns of up to $27,560 per annum (Approx. $530 per week). The unit is fairly original in its condition providing you the opportunity to add value to the unit with a rejuvenated refurbishment of the property however the property has been recently painted with some new appliances installed. <br><br>The unit features a well-sized bedroom with easy access to the mirrored closet and bathroom adjacent to the bedroom. The open plan living and dining area is a decent size that flows onto a nice east facing balcony overlooking the bright lights of the city and skyline of Surfers Paradise. The kitchen is practical with a stove-top, range-hood, oven, fridge, and fully stocked with tableware and everyday kitchen appliances to use at your disposal. <br><br>One of the key advantages of this property is the inclusion of a dedicated carpark, providing off-street parking which is a valuable asset in this popular area. For those who enjoy the outdoors, the complex includes an inviting pool a nice spot for a leisurely swim or to enjoy the sunny Gold Coast weather.<br><br>Location-wise, you're just a short stroll from the beach, making it easy to enjoy the coastal lifestyle without being in the midst of the hustle and bustle. Whether it's for morning jogs along the shore or peaceful evening walks.<br><br>- Private Level 1, sunlit one bedroom East facing unit with magnificent skyline views of the city<br>- Practical kitchen with tiled splash back, as new stove top with oven, rangehood, fridge and microwave<br>- Bathroom & laundry with washing machine, clothes dryer and laundry tub included<br>- Communal inviting swimming pool for residents; the complex is fully fenced, gated and secure<br>- Basement carparking and under-cover carparking for 6x visitor allocated car spaces<br>- Fully secured, low body corporate levies, well presented, and well managed apartment complex building with intercom<br>- Lifestyle plus living within walking distance to the city and beach<br><br>Chevron Island itself offers a friendly community atmosphere with convenient access to local cafes, restaurants, and shops. You'll find most things you need right in the neighborhood, striking a balance between quiet island living and easy access to urban amenities.<br><br>- Chevron Island Shops: Approx. 3 min walk <br>- Nearest Bus-stop at Thomas Dr - 3 min walk<br>- HOTA - Approx. 5 min drive<br>- Gold Coast Turf Club: Approx. 6 min drive <br>- Chevron Island Park by the River: Approx. 8 min walk <br>- Surfers Paradise State School: Approx. 8 min drive <br>- Coles Surfers Paradise: Approx 10 min walk<br>- Surf Parade, Broadbeach: Approx. 10 min drive <br>- Surfers Paradise Beach: Approx. 15 min walk<br>- Cavill Avenue, Surfers Paradise/ Cavil Ave Tram Station: Approx. 15 min walk<br>- Gold Coast Airport: Approx. 30 min drive<br><br>Rental Appraisal: Approximately $530 per week (Approx. $27,560 per annum)<br>Low Body Corporate Levies: Approx. $82 per week<br>Council rates: Approx. $2414 per annum <br>Water rates: Approx. $1268 per annum <br>Sinking Fund Balance: $63,649.09 (As of 27 June 2024)<br><br>Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.<br><br>Features include: Balcony,Swimming Pool - In Ground,Broadband Internet Available,Built-in Wardrobes,Dishwasher,Intercom,Air Conditioning,Split-System Air Conditioning

Property Details for 11/14 - 16 Darrambal St, Surfers Paradise

11/14 - 16 Darrambal St, Surfers Paradise is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Custom Realty Group.

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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 25,232 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 374 properties listed for sale, and 92 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1583 properties were sold in the past 12 months in Surfers paradise.

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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.