OFF MARKET

58 West Burleigh Road
Burleigh Heads QLD 4220

Bedrooms: 1
Bathrooms: 1
Car spaces: 3
Floor area: 62m2
Land area: 607m2
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Property Details for 58 West Burleigh Rd, Burleigh Heads

58 West Burleigh Rd, Burleigh Heads is a 1 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1975. The property has a land size of 607m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
1975
Floor Size
62m2
Land Size
607m2
Local Government
Gold Coast City
Lot/Plan
4/B16749

Last Listing description (August 2018)

Situated in the heart of Burleigh Heads, one of the Gold Coast s most iconic and fastest growing suburbs, we present to you this incredible apartment block - proudly elevated on a 607m2 lot less than 850m to the renowned Burleigh Heads Beach.
Boasting an enviable location, only a short stroll from the famous bustling Burleigh precinct, with attractions such as James Street, world renowned restaurants including the Fish House and Rick Shores, wine bars, cafes and boutique stores surrounding. Minutes from respectable schools, Stocklands Shopping Centre, and only a few minutes drive to the M1.
With rising demand and limited supply creating a phenomenally competitive rental market on the Gold Coast, this unique Burleigh apartment block offers something else a prime opportunity! Architecturally designed with three fully self-contained apartments, this is a prime investment or rare dual-living opportunity for yourself.

All currently leased, approximated rental return for the 3 self-contained apartments is $1,450 per week. With great rental potential capitalising on the views that can never be built out, you really have it all. Offering all the desirable lifestyle, investment and opportunities on offer here in Burleigh, inspections of this incredible apartment block are a must!
OVERALL FACTS AND FIGURES:
Elevated 607m2 block
3 self-contained apartments spread over two stories
Originally constructed in 1981, and completely renovated in 2014
Balconies with northern views to Surfers Paradise skyline and the hinterland
Split-system air-conditioning and fans throughout
Generous storage space
Very low maintenance gardens
Three off-street parking spaces are available
Easy access to James Street and airport
500 metres from Burleigh CBD and Stocklands shopping centre, 850 metres from the beach, and just a stroll from several local cafes, restaurants and amenities.
GCCC Rates: Approx. $3,600/year
Water Rates: Approx. $1,400/year
Gross Rental Income: Approx. $75,400/year

FEAUTURES OF APARTMENT 1:
2 bedrooms, 1 bathroom, single car space
Approx. 52m2 total internal area
Open plan living and dining area
Main bathroom with shower and built-in laundry
Separate storage space
Currently rented at $330 per week
FEAUTURES OF APARTMENT 2:
2 bedrooms, 1 bathroom, single car space
Approx. 76m2 total internal area
Kitchen with modern appliances and it has plenty of storage space
Living area and second bedroom that opens to a private balcony
Main bathroom with separate toilet
Laundry
Currently rented at $470 per week
FEAUTURES OF APARTMENT 3:
3 bedrooms, 2 bathrooms, double car space plus balconies
Approx. 150m2 total internal area
Two defined living areas
Large open plan design, sleek wooden floor throughout living areas
Top quality kitchen with granite benches, free standing 5 burner Blanco gas stove, huge walk-in pantry, self-closing drawers, Omega dishwasher and plenty of cupboard space
Master bedroom has convenient ensuite and walk-in robe
Main bathroom with spa bath, separate shower and European laundry.
West facing 'L' shape balcony with breathtaking 180-degree views
Currently rented at $650 per week
Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 58 West Burleigh Rd, Burleigh Heads, QLD 4220

A timeline of how this property has performed in the market
Last Sold
$1,180,000
14 Jul 2018
Listed for Rent
$350/w
10 Mar 2011
  • 14 Jul 2018
    Sold for $1,180,000
  • 03 Jan 2018
    Listed for Sale Interest Over $1,150,000.
  • 06 Jun 2014
    Sold for $1,085,000
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About Burleigh Heads 4220

The size of Burleigh Heads is approximately 10.2 square kilometres. It has 23 parks covering nearly 16% of total area. The population of Burleigh Heads in 2011 was 9,186 people. By 2016 the population was 10,063 showing a population growth of 9.5% in the area during that time. The predominant age group in Burleigh Heads is 30-39 years. Households in Burleigh Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burleigh Heads work in a professional occupation. In 2011, 59.3% of the homes in Burleigh Heads were owner-occupied compared with 60.2% in 2016.

Burleigh Heads has 9,256 properties. Over the last 5 years, Houses in Burleigh Heads have seen a 108.56% increase in median value, while Units have seen a 102.04% increase. As at 31 October 2024:

  • The median value for Houses in Burleigh Heads is $1,688,660 while the median value for Units is $1,176,491.
  • Houses have a median rent of $950 while Units have a median rent of $770.
There are currently 103 properties listed for sale, and 60 properties listed for rent in Burleigh heads on OnTheHouse. According to CoreLogic's data, 439 properties were sold in the past 12 months in Burleigh heads.

Suburb Insights for Burleigh Heads 4220

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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.