SOLD
Sold on 18 Mar 2024 for $490,000

1/43 Enderley Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 891m2
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Property Details for 1/43 Enderley Ave, Surfers Paradise

Building Type
Commercial
Year Built
1982
Floor Size
75m2
Land Size
891m2
Local Government
Gold Coast City
Lot/Plan
1/BUP4841

Last Listing description (February 2016)

After ten years the management rights for this fantastic complex have become available to the market. Located in the highly desirable and action packed suburb of Surfers Paradise this is a fantastic opportunity to take over a fantastic business and apartment. The managers unit is a well priced, comfortable, two bedroom, open plan apartment very suitable for a husband/wife team or small family. The complex has all the resort style facilities such as tennis court, pool, spa and sauna however the standout feature on this complex is the business - and the room for a new manager to expand the business. Standout features include:-
- Body corporate salary $95,430
- Net income $311,378

- Unit price of just $300,000
- Flexible owners allowing change between holiday and permanent tenants to suit season and conditions
- Pets allowed with body corporate approval
- Once new manger is established they can employ a night manager
- Plenty of storage for manager
- Most apartments boast stunning views of the hinterland and majestic Pacific Ocean
Finally a management right business is available where the number stack up so perfectly you will kick yourself if you do not book an inspection now! Contact the agent to avoid disappointment.

Property History for 1/43 Enderley Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$490,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $490,000
  • 06 Nov 2015
    Listed for Sale $300,000+MR
  • 28 Apr 2014
    Sold for $270,000
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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:

  • The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 106 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1670 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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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.