SOLD
Sold on 22 Feb 2024 for $700,000

7/43 Chelsea Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 105m2
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Sold By
Andrew Henderson
Professionals John Henderson Real Estate
Larissa Martos
Professionals John Henderson Real Estate
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Property Details for 7/43 Chelsea Ave, Broadbeach

7/43 Chelsea Ave, Broadbeach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 105m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
105m2
Land Size
105m2
Local Government
Gold Coast City
Lot/Plan
7/BUP1110

Last Listing description (March 2024)

Are you ready to seize an incredible opportunity in the real estate market? Look no further, because this motivated seller is ready to sell off their investment!

This highly prized location continues to evolve, known for its laid-back beachside lifestyle and an ever-growing array of cafes, bars, and restaurants. Whether you're an astute investor looking to make your mark on the beachside property market, a future owner-occupier in pursuit of a sea change, or seeking a weekend retreat in one of the most exclusive locations on the Gold Coast, this perfectly positioned unit is an absolute must-see.

Secure your future in this prime position property, set on a 878m2 land area with only 8 units and fantastic future redevelopment potential with 'High Density Zoning'.

- 2 Bedrooms
- 1 Bathroom, combined laundry
- Tiled Living area
- Single lock up garage
- Potential future development site on an 878m2 block
- Zoned 'High Density'
- Within walking proximity to shops, restaurants, Star Casino, Pacific Fair Shopping Centre and the Gold Coast Convention Centre
- All the conveniences of the light rail at the end of the street

Don't let this exceptional opportunity slip through your fingers. Whether you desire a beachside oasis for yourself or a shrewd investment, this apartment promises a lifestyle of sand, surf, and the finest coastal living. Act now and contact us for a viewing before it's too late.

Contact Larissa Martos or Andrew Henderson today to get a copy of your information pack!

Body Corporate fees: $55 per week (approx.)
Council rates: $2,764 per annum (approx.)
Water rates: $1,456 per annum (approx. - variable upon consumption)
Current Rental Income: $580 per week until 4th August 2024

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

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Property History for 7/43 Chelsea Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$700,000
22 Feb 2024
Listed for Rent
$390/w
10 Jun 2019
  • 22 Feb 2024
    Listed for Sale $675,000
  • 22 Feb 2024
    Sold for $700,000
  • 29 Mar 2022
    Listed for Sale Offers Over $650,000
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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 8,861 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 145 properties listed for sale, and 22 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 517 properties were sold in the past 12 months in Broadbeach.

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