SOLD
Sold on 04 May 2024 for $760,000

1/55-56 Paradise Island
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 242m2
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Property Details for 1/55-56 Paradise Island, Surfers Paradise

1/55-56 Paradise Island, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 242m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
92m2
Land Size
242m2
Local Government
Gold Coast City
Lot/Plan
1/BUP102329

Last Listing description (July 2024)

An exclusive chance awaits to seize a meticulously refurbished ground floor apartment in Surfers Paradise, nestled along the coveted waterfront of the North East. Nestled within a select ensemble of just eight units, boasting minimal strata fees, this residence presents an unparalleled vista of the river and cityscape, a spectacle that captivates both day and night.

Tailored for those seeking effortless living, the layout seamlessly integrates a lounge, kitchen, and dining area, all bathed in natural light. Step out onto the expansive covered terrace from the airy living space to relish in the tranquil water vistas and refreshing sea breezes. With direct access from the lounge to the water's edge, this abode invites you to indulge in a lifestyle of leisure, whether it's launching a stand-up paddleboard, kayak, or vessel.

Nestled at the prestigious end of Paradise Island, a mere 400 meters from the pristine sands of Surfers Paradise, and a stone's throw from the light rail station at a mere 150 meters, every convenience is at your fingertips. A leisurely stroll leads to Woolworths, Coles, upscale boutiques, entertainment venues, and culinary delights.

The complex amenities include a sun-drenched outdoor pool, inviting alfresco seating, and a private jetty for your enjoyment.

Key Features:
• Ground floor, impeccably refurbished 2-bed, 2-bath apartment
• Open-plan living and dining with panoramic water vistas
• Spacious kitchen with ample storage, stone countertops, dishwasher, glass backsplash, and subway tiles
• Master suite with contemporary ensuite, complemented by split-system air conditioning
• Secure basement parking for one vehicle
• Expansive wrap-around balcony, perfect for entertaining, with direct access to the pool and jetty
• 600x600 tiles throughout living areas, carpeted bedrooms
• Ceiling fans in bedrooms and lounge
• Security screens throughout
• North East orientation, offering captivating river and city views
• Potential for a third bedroom conversion to enhance rental returns (subject to council approval)
• Storage cage available, subject to body corporate regulations
• Outdoor pool and inviting alfresco seating
• Private boardwalk and jetty, providing direct access to the Main River
• Short stroll to the renowned Surfers Paradise patrolled beach
• Centrally positioned, with the G-Link light rail station within 150 meters
• Low strata fees

For inquiries or to arrange an inspection please call Ben Brackenridge at 0484 290 982 or email ben.brackenridge@surfers.rh.com.au.

Property History for 1/55-56 Paradise Island, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$760,000
04 May 2024
  • 06 May 2024
    Listed for Sale UNDER CONTRACT
  • 04 May 2024
    Sold for $760,000
  • 25 Jun 2022
    Sold for $630,000
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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 25,402 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 68.36% increase in median value, while Units have seen a 97.59% increase. As at 28 February 2025:

  • The median value for Houses in Surfers Paradise is $2,338,978 while the median value for Units is $771,437.
  • Houses have a median rent of $750 while Units have a median rent of $690.
There are currently 413 properties listed for sale, and 118 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1530 properties were sold in the past 12 months in Surfers paradise.

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.