FOR SALE
$1,300,500 - Priced To Sell

5409/88 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 108m2
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Beachfront Sky Home on the 54th Floor

Imagine owning on the 54th floor in an exclusive resort right on the beachfront. Then welcome to Unit 5409 located in the prestigious Oceans Residences. This magnificent 108sqm retreat boasts breathtaking south-east facing views, stretching towards Burleigh and Broadbeach, creating a picturesque backdrop for your dream home or savvy investment.
The sleek, modern design of this open-plan oasis is expertly crafted to maximize the stunning vistas. Two spacious bedrooms, positioned on opposite ends, offer serene havens with incredible views and unparalleled privacy. The master bedroom features an opulent ensuite, while the shared bathroom conveniently services the second bedroom. The study creates a versatile space for an office of extra guest room.
The open plan living and dining area is bathed in natural light, showcasing the awe-inspiring views of the coastline from Surfers Paradise, Broadbeach, Burleigh to Coolangatta.
The gourmet kitchen is a culinary delight, featuring sleek stone benchtops, gas cooktop, oven, dishwasher, and integrated wine rack, perfect for entertaining. Ample storage is provided with a spacious 2m x 2m x 2m unit.
Experience the ultimate in coastal luxury living in apartment 5409.
​​Investment Opportunity
Alternatively, take advantage of the property's existing tenancy and secure a strong investment opportunity. With a steady rental income stream, this property provides a solid foundation for your investment portfolio. The large block size and potential for renovation also offer scope for future development, making it an attractive option for savvy investors looking to capitalize on the growing demand for housing in the area.
Currently tenanted:
Rent: $990.00 per week
Lease: Periodic
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Property Details for 5409/88 The Esplanade, Surfers Paradise

5409/88 The Esplanade, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 108m2. The place is currently for sale with Crown Realty International.

Building Type
Unit
Land Size
108m2

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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 25,362 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 57.93% increase in median value, while Units have seen a 99.12% increase. As at 30 November 2024:

  • The median value for Houses in Surfers Paradise is $2,098,210 while the median value for Units is $768,609.
  • Houses have a median rent of $745 while Units have a median rent of $675.
There are currently 364 properties listed for sale, and 84 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1625 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Ardy Maulana
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Kento Ito
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Crown Realty International
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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.