FOR SALE
Auction

7, 8, & 13/57 Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
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Auction Time
Sat 23 Nov 10:00 am
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No upcoming inspections scheduled.
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Deceased Estate Auction

AUCTION Saturday the 23rd of November 10am, In rooms at 35 Orchid Avenue, Surfers Paradise.
Under the direction of the trustee to be sold at public auction. All three lots are to be offered in one line and if not sold, to then be offered individually.
This is a unique opportunity to secure either a one-bedroom or two-bedroom unit in central Surfers Paradise. Three apartments are being offered for sale at auction, initially as a group and then individually.
Palmerston is a boutique block of 16 units, situated in a premier position on a wide natural waterway in the heart of Surfers Paradise with future redevelopment potential.
Unit 7/57 Peninsular Drive, Surfers Paradise
Lot 7 on BUP3399
Spacious first floor riverfront 2 bedroom unit with renovated kitchen and bathroom, fantastic water views and a lock up garage.
Rates: $1,300.99 per half year
Body Corporate: $2,139.83 per half year
Lease Details: Leased at $550 per week, lease expires 30/7/25
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Property Details for 7, 8, & 13/57 Peninsular Dr, Surfers Paradise, QLD 4217

7 8 & 13/57 Peninsular Dr Surfers Paradise QLD 4217 is a 5 bedroom, 3 bathroom Apartment with 3 parking spaces. The place is currently for sale with First National Real Estate Surfers Paradise.

Building Type
Apartment

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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 25,202 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 320 properties listed for sale, and 98 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1575 properties were sold in the past 12 months in Surfers paradise.

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Bob Rollington
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First National Real Estate Surfers Paradise
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