FOR SALE
Sale Price Unavailable

18-20 Mawarra Street
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 299m2
Land area: 1012m2
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DEVELOPMENT SITE IN THE HEART OF SURFERS PARADISE - DA FOR 82 Apartments

Excellent DA Approved Site on Chevron Island
Matrix global Real Estate together with Jun International Realtors are proud to offer 18-20 Mawarra St, Surfers Paradise for Sale by Auction on Saturday, 17th August 2024
• Draft Conditions of Consent have been issued for 82 units, formal Development Approval is imminent.
• 1012m2 development site in high density development area
• Walk distance to the beach, HOTA centre, Surfers Paradise
Nestled in the heart of Chevron Island, an urban island neighbourhood inside the suburb of Surfers Paradise. This prime location connects residents to renowned tourist destinations such as Surfers Paradise and the HOTA art centre. The residence perfectly blends the vibrancy of these world-class attractions with the serene ambience of an island oasis. Beyond its scenic charm, Chevron Island Strategically leverages its Proximity to major business, entertainment, cultural, and retail hubs, creating a harmonious balance between urban convenience and close-knit community living.
18 Mawarra Street - 506m2 of land, 3 Bedroom, 2 Large Living Areas, Double Garage. Leased for $850 per week, till 18/01/2025.
20 Mawarra Street -506m2 of land, 4 Bedroom, 2 Living Areas, Single Garage plus Additional Off-Street Parking, large back yard and garden shed. Leased for $800 per week, till 14/01/2025.
Development Highlights:
• 25 stories serviced apartment tower
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Property Details for 18-20 Mawarra St, Surfers Paradise

Building Type
Commercial
Floor Size
299m2
Land Size
1012m2

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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 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:

  • The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 106 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1670 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Vivienne Dong
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Grace Zeng
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MATRIX GLOBAL GROUP PTY
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Disclaimer
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.