SOLD
RECENT ADVICE
Sold on 22 Oct 2024 for $500,000

1106/25 Laycock Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 1106/25 Laycock St, Surfers Paradise

1106/25 Laycock St, Surfers Paradise is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (November 2024)

Don't miss out on this incredible investment opportunity! This 11th -floor apartment, positioned near the beach, presents an excellent chance for a holiday retreat in the lively heart of Surfers Paradise. Featuring stunning ocean views set against the city skyline, this investment offers dual apartments under one title, effectively doubling your returns while maintaining only one set of Body Corporate fees and expenses.

Property Highlights:
2 Bedrooms, 2 Bathrooms, 2 Balconies

Located on the 11th floor of a 22-floor building
Sunny North Aspect
Size 62m2
Sold Fully Furnished
Ducted Air conditioning
Annual rental income from holiday lettings exceeding $87,000 Gross
Body Corporate fee: $208 per week (inclusive of electricity)
Council Rates: $40 per week
Water Rates: $31 per week
Building amenities: Lagoon-style pool, spa, fully-equipped gym, sauna, steam room, and an award-winning on-site restaurant. There are also function and conference rooms available.

Contact us today to receive a link to the video walkthrough and detailed information pack, or to arrange an inspection with us.

Disclaimer: We have in preparing this information used our best endeavours 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.

Property History for 1106/25 Laycock St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $500,000
  • 17 Apr 2024
    Listed for Sale $535,000

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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 25,217 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:

  • The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
  • Houses have a median rent of $750 while Units have a median rent of $673.
There are currently 354 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1599 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.