OFF MARKET

1208/22 View Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 37m2
Land area: 7443m2
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Last updated 30 Sep 2024
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Property Details for 1208/22 View Ave, Surfers Paradise

1208/22 View Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 7443m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1980
Floor Size
37m2
Land Size
7443m2
Local Government
Gold Coast City
Lot/Plan
1208/SP186322

Last Listing description (September 2024)

Discover a premier investment opportunity at the renowned 'Mantra on View' Hotel in Surfers Paradise. This 12th-floor holiday studio offers breathtaking views of the city skyline and the ocean. The unit provides the flexibility of hotel management or self-management through Airbnb, catering to different investment strategies. Equipped with a minibar fridge, the studio is ideally situated amidst a vibrant array of restaurants, shops, and bars, ensuring convenient access to dining and essentials for you or your guests.

Hotel Facilities include a day Spa, Restaurant and Bar areas, Gym and Conference rooms. Medical centre, 24 Chemist and restaurants right at your doorstop

Property Highlights:

1 Bedroom Studio Apartment, 1 Bathroom, 1 Balcony
High returns of $44,471.84 gross income from Mantra for the FY 23-24
12th Floor North Aspect
Sold fully furnished
Ocean & City views
Ducted air-conditioning
Body Corporate: $92 per week
Council Rates: $83.89 per week*
Water Rates - $28.12 per week*

*Approximately

Before you finalise any decisions, we recommend discussing financing options for this studio hotel apartment with your financial institution. Please be aware that securing loans for this type of property can be challenging with most financial institutions. To streamline the process, we encourage offers without conditions, accompanied by cash payments and a settlement within 30 days, as these terms are our preferred choices.

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 enquiries to verify the information contained herein.

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Property History for 1208/22 View Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$112,000
03 Apr 2019
  • 09 Sep 2024
    Sold for $203,500
  • 10 Jul 2024
    Listed for Sale $220,000
  • 03 Apr 2019
    Sold for $112,000
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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 25,338 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 353 properties listed for sale, and 117 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1653 properties were sold in the past 12 months in Surfers paradise.

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