OFF MARKET

603/8 Albert Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 226m2
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Last updated 2 Sep 2024
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Property Details for 603/8 Albert Ave, Broadbeach

603/8 Albert Ave, Broadbeach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 226m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1983
Floor Size
82m2
Land Size
226m2
Local Government
Gold Coast City
Lot/Plan
17/BUP5706

Last Listing description (November 2022)

This newly renovated, well maintained & respected 2-bedroom apartment situated on the 6th floor of the Pacific Resort offers the ultimate 'walkable' lifestyle right in the heart of Broadbeach. Find yourself on the golden squeaky clean sand of one of the Gold Coast's most sought-after beaches within 60 seconds, enjoy the views and atmosphere from any of your three private balconies, leave the car secured underground and embrace your new 'walkable' lifestyle.

This north east facing apartment offers open plan living and dining, a large gourmet kitchen with ample storage, 2 large bedrooms with build in storage, 3 private balconies and a functional bathroom & laundry combined.

Pacific Resort is one of Broadbeach's most sought after buildings, with secure basement car parking underneath and great facilities this apartment offers you a multitude of options - lucrative returns from the holiday pool, tenant on a permanent basis, a family holiday unit or simply move in and enjoy the lifestyle for yourself.

Whether it's a day out at the beach or a picnic in the park, you'll never have to worry about travel time to your favorite destinations. Explore all that Broadbeach offers with the added benefit of being only a minute walk to the beach, restaurants, cafes, shops and a short stroll to the Convention Centre, Star Casino and Pacific Fair.

Features include:

Never to be built out ocean views
North-East facing
6th floor apartment
2 large bedrooms (both with private balconies)
1 Entertainers balcony extending out from the open plan living/dining area
Modern kitchen with breakfast bar
Spacious Living/Dining area
Combined Bathroom/Laundry
Air conditioning & fans
1 Secure Undercover car space

Building Facilities:

Outdoor swimming pool, spa & sauna
Half size tennis court
BBQ & outdoor gazebo
Beautifully maintained tropical gardens
Secure parking
Newly refurbished building with upgraded lifts, landscaping & externally painted

Financials:

Current Rent: $510 per week (Lease agreement commenced on 12/06/2021 and ended on 11/06/2022. The property is currently under a periodic lease agreement - Month to Month).
Current Bond: $2,040
Water: $297.58 - Quarter
Rates: $2,326.54 - 6 Months (Incorporating a discount of $239.15 for payment on time)
Sinking Fund: $92,145.58
Body Corporate: $180.44 per week paid quarterly

Location:

1 minute Walk (110m) to the Beach
1 minute Walk (110m) to Kurrawa Surf Club and Park
3 minute Walk (220m) to Oasis Shopping Centre (Woolworths & other specialty retailers and cafes/restaurants).
1 minute Walk to Public Transport (Broadbeach Bus Station)
7 minute Walk (550m) to the G:link Gold Coast Light Rail Tram (Broadbeach North Station)
7 minute Walk (500m) to Gold Coast Convention Centre
10 minute Walk (800m) to The Star Gold Coast, Hotel and Casino
14 minute Walk (1.1km) or 6 Min Drive to Pacific Fair Shopping Centre

We have in preparing this information used our best endeavors 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 603/8 Albert Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$602,000
05 Sep 2022
Listed for Rent
$490/w
25 May 2021
  • 05 Sep 2022
    Sold for $602,000
  • 20 May 2022
    Listed for Sale Auction
  • 19 May 2021
    Listed for Rent - Price not available
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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.