SOLD
Sold on 05 Jul 2024 for $595,000

401/18 Hanlan Street
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 732m2
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Property Details for 401/18 Hanlan St, Surfers Paradise

401/18 Hanlan St, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 732m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
79m2
Land Size
732m2
Local Government
Gold Coast City
Lot/Plan
18/BUP4779

Last Listing description (August 2024)

This apartment won't last long!

FULLY FURNISHED with nothing to spend, simply move in and enjoy living in a secure complex with many facilities, and a very short stroll to the beach, cafes and shops. With secure basement parking, you also have the advantage of being within short walking distance to the G-Link Gold Coast Light Rail Tram.

This spacious and light filled apartment has TWO rooms with built-ins (one has a safe); an airconditioned bedroom with balcony and an adjacent room that can be used as a study or a guest room with study nook.

The bathroom has floor to ceiling tiles, separate shower and bathtub, vanity and toilet. An added bonus is having a separate spacious LAUNDRY with a linen cupboard, laundry tub, clothes dryer and washing machine.

A tiled foyer leads you to the bedrooms, bathroom and laundry on one side of the apartment and kitchen and lounge/dining/bar area on the other. A sliding door opens from the dining room out to the balcony that adjoins the main bedroom with southeast position. Setback in the airconditioned lounge/dining room is a good-sized bar, complete with leather bar stools, benchtop, glass shelving with mirrored backdrop, water filter and bar fridge.
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The kitchen is light and bright with plenty of cupboards, an electric ceramic cooktop, oven, microwave, dishwasher and fridge. Hybrid flooring is throughout the lounge/dining/bar and bedroom areas allowing you to have the look of timber but knowing it's 100% waterproof.

Being located on the 4th floor of the Beachcomber you have the advantage of being within walking distance to many of the facilities offered within the complex, including an indoor and outdoor pool, a spa, sauna, gym area, activities room, BBQ entertaining area and tennis court.

Body Corporate fees are approx $166 per week (includes all electricity & pay on time discount)
Water Rates: Approx. $1,463 per year
Council Rates: Approx. $2,080 per year

This home is currently owner occupied, however if you are looking for a perfect investment, this apartment would rent for approximately $620.00 - $640.00 per week as a permanent rental or you could also use it for holiday letting as the location is sought after.

If interested, please contact me to register your attendance for upcoming inspections!

Property History for 401/18 Hanlan St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$595,000
05 Jul 2024
  • 05 Jul 2024
    Sold for $595,000
  • 21 Jun 2024
    Listed for Sale Offers over $585,000
  • 20 Sep 2022
    Listed for Sale Not Disclosed
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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 25,335 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:

  • The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 349 properties listed for sale, and 115 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1628 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.