FOR SALE
$775,000

Contact Agent For Address
Surfers Paradise QLD 4217

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HOLIDAY ON THE WATER

This three-storey Walk-Up complex is on the river and in the heart of Surfers Paradise. A five-minute walk from the famous Cavill Mall and tram station. Set alongside the Nerang River with a jetty for boating and fishing.
A delightfully renovated 2 bedroom, 2 bathroom manager's apartment with office on title, for sale at a very reasonable price of only $540,000.
Easily managed gardens and no set office hours ensure you have a great work life balance. This boutique business has a total 16 units in the complex, with seven, mainly holiday lets, in the letting pool. In addition another two holiday lets, outside but close to your building, are available to purchase and add onto the business should you wish. One family member can easily handle this attractive business package. Current Caretaking Agreement has 19 years remaining on this lovely Gold Coast Management Rights.
Net income $73,500 includes a solid Body Corporate salary $25,749 represents a wonderful opportunity for a smart business operator. And just at the right time for you!
Holiday lovers are returning to the Gold Coast now!

Property Details for Contact Agent For Address, Surfers Paradise

Building Type
Commercial

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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 25,208 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 325 properties listed for sale, and 99 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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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.