FOR SALE
Under Offer

42/5 Admiralty Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
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NEVER TO BE BUILT OUT - LARGE 143M2 TWO BEDROOM APARTMENT - PRICED TO SELL

WELCOME TO UNIT 42 - “THE NELSON”
On offer is a beautifully large, 143m2 two-bedroom apartment on the 7th floor in the tightly held, residential only building 'The Nelson', located in the prestigious waterfront suburb of Paradise Waters showcasing 270-degree ocean views. Upon entering, you will be greeted with views that will take your breath away. Only a stone's throw away from the beach, Macintosh Island Park, shopping, restaurants, light rail, and all amenities, this is a fantastic opportunity not only to purchase a large apartment, but a better lifestyle.
Located on the 7th floor, this apartment is designed to take full advantage of the 270-degree stunning ocean views that certainly stand out compared to Hinterland views. Offering two spacious bedrooms, master with walk in, kitchen with awesome views, two bathrooms plus a secure single car space with room for storage locker. Enjoy the panoramic views of the ocean, Main Beach, and Surfers Paradise all from the comfort of your living and dining room, kitchen, and bedrooms. Showcasing large open plan dual living and dining areas plus kitchen all flowing out onto the huge sun-drenched wrap around entertainer's balcony overlooking the beautiful ocean. They just don't build them like this anymore and if they do, they are rare!
Enjoy the resort style amenities on offer including swimming pool, spa, sauna, BBQ facilities, private function area and marina. Inspect today as this property will not last.
Property Features:
• Fantastic facilities on offer throughout the building
• Open plan living and dining areas flowing to outdoor entertaining balcony
• Rarely available residence in prime riverfront location with sweeping 270 degree ocean views
• Large kitchen with plenty of storage and bench space and laundry
• 2 oversized bedrooms, 2 bathrooms and 1 underground secure car space with space for storage locker
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Property Details for 42/5 Admiralty Dr, Surfers Paradise

42/5 Admiralty Dr, Surfers Paradise is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a floor size of 143m2. The place is currently for sale with Hope Island Realty.

Building Type
House
Floor Size
143m2

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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 114 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1629 properties were sold in the past 12 months in Surfers paradise.

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Peter Fenton
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