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Sold on 29 Oct 2024 for $690,000

162/25 Surf Parade
Broadbeach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 162/25 Surf Pde, Broadbeach

162/25 Surf Pde, Broadbeach is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Broadbeach in the last 12 months.

Building Type
Apartment
Floor Size
74m2
Local Government
Gold Coast City
Lot/Plan
162/SP199740

Last Listing description (October 2024)

Welcome to apartment 162 in the "Ocean Pacific" apartment building in Broadbeach. This one bedroom, one bathroom apartment is situated on the 16th floor, east-facing with ocean views that will take your breath away each morning without even having to get out of bed. The apartment features a spacious and modern layout, perfect for owner occupiers seeking a blend of luxury and comfort, or the astute investor or lock and leave occupier.

The main bedroom has floor to ceiling windows, looking straight over the building's facilities and up the street to the ocean, all the way from north Broadbeach to the south. The outdoor balcony is spacious with plenty of room to move, with double doors leading into the open plan living and dining area.

Features:

* Spacious 1 bedroom floor plan over XX m2
* 16th floor
* East facing with breathtaking ocean views
* Modern kitchen and large bathroom
* European laundry
* Oversized balcony
* Furniture package optional
* One car park

Building Features:
* Resort-style amenities
* Heated outdoor pool
* Heated outdoor spa
* Children's pool
* Gym and Sauna
* BBQ area
* Games room
* Pet friendly on Body Corporate approval
* Pro-active onsite management

Property Specifics:
* Body Corporate: Approx. $146 p/w
* Sinking Fund Balance: $583,620.47
* Rental Appraisal: $600-$650 p/w approx.
* Holiday Letting Returns: Approx. $44,583 net p/a
* Council and Water Rates: Approx. $6,560 p/a

The location does not get any better, offering the best of both worlds when it comes to beachside living - just a short stroll of 250 meters from the Gold Coast's best beaches, 400 meters from Broadbeach's popular dining and shopping precinct and directly across the road from Pacific Fair, the Glink Tram station and Star Casino! Not to mention the cafes and restaurants at the bottom of the building itself - all while providing enough distance to ensure a very peaceful beach weekender, investment or permanent residence.

This apartment will not disappoint even the most fastidious of buyers - call Shaun Bourke today on 0404 649 537!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

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Property History for 162/25 Surf Pde, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$690,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $690,000
  • 10 Sep 2024
    Listed for Sale Under Contract
  • 03 Mar 2022
    Sold for $585,000
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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 8,859 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:

  • The median value for Houses in Broadbeach is $1,614,331 while the median value for Units is $1,059,793.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 134 properties listed for sale, and 21 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Broadbeach.

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