OFF MARKET

1601/159 Old Burleigh Road
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 2480m2
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Property Details for 1601/159 Old Burleigh Rd, Broadbeach

1601/159 Old Burleigh Rd, Broadbeach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 2480m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2005
Floor Size
139m2
Land Size
2480m2
Local Government
Gold Coast City
Lot/Plan
1601/SP149735

Last Listing description (December 2023)

"Air on Broadbeach" offers a premium beachfront location in Broadbeach with protected ocean views. Located above the Mall, the Oasis Shopping Centre and perfectly surrounded by Broadbeach's shopping, and dining precinct. It's all here! Walk across the road to the protected green space parklands, Kurrawa Surf Club and straight onto world class pristine patrolled beaches. An array of professional, medical and lifestyle convenience at your door-step, no need for the car, yet two large sided by side car spaces come with the apartment.

Arguably one of the most sought-after buildings in Broadbeach and tightly held. The building is a high-end residential mix use property with a strong percentage of owner occupiers, flexibility to holiday let with lucrative returns, permanent tenant or become a lock up beachside second home. You have the freedom to move in and out of all of these mix use scenarios.

Air On Broadbeach is considered a boutique building being only 133 apartments in total, yet with the convenience of having 3 lifts, means you wont hit traffic before you leave home and furthermore its only a mere 10 paces to the shops.

North East, highly sought after floor plan - 139m2

*Fully furnished, currently earning high income in holiday letting $$$
* Spacious open plan living with floor to ceiling glass
* Massive N/E sunny balcony offering breath-taking 180 degree views of the ocean, hinterland, river and skyline

* 2 bedrooms. These are both are on separate sides of the apartment and have ocean views to Burleigh and Coolangatta
* 2 bathrooms. Both bedrooms have ensuites.
* Ducted Air conditioning
* 2 secure large side by side car spaces
*16 secure visitor car spaces for friends and family
*Private secure storage cages permitted in basement car space
* Additional separate shared residents only storage for surf and paddle boards, bikes etc

First class resort facilities include:
*Full size flood lit tennis court
* Large heated pool + small pool
* Fully equipped extensive gymnasium and sauna
* BBQ and recreational garden areas
* Exclusive ocean view residents only recreation lounge, includes full kitchen, pool table, private BBQ area. Owners can use complimentary for functions, gatherings or just relaxing.

* Pet friendly building
* Ultiqa Holiday letting on site Management yielding high returns with strong forward bookings. One of the very best management companies on the Coast
* Financially sound body corporate with over $1mil in the sinking fund balance

With all of these features it's no wonder the fortunate fellow residents in the building often say "Air On Broadbeach is not yellow, it's gold, gold, gold". Savvy buyers will appreciate that this property will be sold, this is your opportunity to submit an offer now or no later than close of tender by 25th August 12pm.

At 139m2 and asking offers over $1,550,000 this is a whole lot of beachfront for your your dollar. Make an email enquiry and a fact sheet will be sent to you with full details on income and outgoings. Feel free to call me directly, Rima Stafford 0400 707 745 for further details.

Property History for 1601/159 Old Burleigh Rd, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,650,000
08 Sep 2023
  • 08 Sep 2023
    Sold for $1,650,000
  • 10 Aug 2023
    Listed for Sale Not Disclosed
  • 10 Jun 2016
    Listed for Sale Not Disclosed
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About Broadbeach 4218

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 8,872 properties. Over the last 5 years, Houses in Broadbeach have seen a 64.54% increase in median value, while Units have seen a 75.99% increase. As at 31 July 2024:

  • The median value for Houses in Broadbeach is $1,435,536 while the median value for Units is $982,294.
  • Houses have a median rent of $718 while Units have a median rent of $750.
There are currently 89 properties listed for sale, and 21 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 494 properties were sold in the past 12 months in Broadbeach.

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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.