103/8 Philip Ave, Broadbeach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 892m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Great value 1 bedroom apartment with a huge ground floor deck area, makes this apartment unique in Broadbeach.
Located in one of the best managed & reviewed buildings on the Gold Coast, this apartment is fully furnished, with a secure basement car park combined with an average occupancy rate of 90% makes this, one of the best investments available in Broadbeach.
The Ritz Resort only has two, 1 bedroom apartments & has a heated swimming pool & 2 heated spas with one located on the roof with a BBQ area as well. It's no wonder as to why this building & this unit in particular rent so well.
Great central location to the Tram, Pacific Fair, Casino, Kurrawa Beach & Convention Centre.
If you're looking for a modestly priced investment unit, with strong returns AND located in the best suburb of the Gold Coast that is primed to reap the benefits of the 2018 Commonwealth Games & over a BILIION dollars of investment in the next 18 months, then you can't go past this apartment. Call me, David Macklin directly on 0430 298771 to see when the apartment is able to be viewed.
The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.
Broadbeach has 8,860 properties. Over the last 5 years, Houses in Broadbeach have seen a 92.32% increase in median value, while Units have seen a 91.10% increase. As at 31 October 2024:
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