OFF MARKET

25 Australia Avenue
Broadbeach QLD 4218

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 599m2
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Property Details for 25 Australia Ave, Broadbeach

25 Australia Ave, Broadbeach is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1996. The property has a land size of 599m2. While the property is not currently for sale or for rent, it was last sold in November 1994.

Building Type
House
Year Built
1996
Land Size
599m2
Local Government
Gold Coast City
Lot/Plan
1/BUP104841

Last Listing description (March 2022)

Property Features

2 Luxury Villas/ Development opportunity

This prime piece of Real Estate comprising an allotment totalling 599m and will suit prime developers, builders or astute investors.

Owners of Duplex Apartments in No. 25 have given us instructions to sell the properties to enable astute buyers to either reside in the Apartments, lease or develop the site.

Both Duplexes have current or potential holding rental income.

Interesting street with excellent facilities nearby; a rare block of land in this area to build on!

The Land:

- Large 599m2 land parcel

- Corner block with Wide Approx. 20m* street frontage with a 30m* depth

- Unlimited height approved zoning

- Rare opportunity to develop in prime area;

- Concept drawings and approvals can be arranged

The Environment:

- One of the most recognisable and prominent streets in the heart of Broadbeach running parallel to the Gold Coast Highway from Wharf Road to Margaret Avenue with a mixture of apartments, duplexes and upmarket homes

- Close to local shops, schools, parks and sporting facilities

- Close proximity to the beaches, public transport (bus and light rail) and entertainment precincts of Surfers Paradise and Broadbeach

The Properties:

No. 25 Australia Avenue - RPD Lots 1-2 in BUP104841.

(i)
Currently comprising 2 x spacious and upmarket Duplex Apartments each containing 4 Bedrooms, 2 bathrooms and 2 car garages.

Beautifully landscaped.

The current unit owners may be prepared to sign short term leases to rent back the units until demolition.

Advert Date: 1 November 2021
Advert Agency: Eddy Sarroff Realty - Broadbeach
Advert Agents: Eddy and Edward Sarroff and John Walters
Agents Phone Numbers: 0437 686 868; 0418 932 294; 0412 921 664

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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements

Property History for 25 Australia Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$291,000
07 Nov 1994
  • 29 Oct 2021
    Listed for Sale Expressions of Interest
  • 31 Aug 2017
    Listed for Sale $1,175,000
  • 07 Nov 1994
    Sold for $291,000
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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 8,860 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:

  • 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 142 properties listed for sale, and 23 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 516 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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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.