SOLD
RECENT ADVICE
Sold on 05 Jul 2024 for $1,467,000

114/114 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 114/114 The Esplanade, Surfers Paradise

114/114 The Esplanade, Surfers Paradise is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
114/BUP2130

Last Listing description (July 2024)

Nestled amidst the azure coastline of the prestigious Gold Coast, welcome to a haven where luxury meets convenience - your dream apartment awaits on the illustrious 29th floor.

Behold this exquisite gem boasting three opulent bedrooms and two lavishly appointed bathrooms, promising an indulgent retreat for those seeking the pinnacle of comfort and style. Whether you're envisioning a short-term investment, a long-term asset, or your very own holiday sanctuary, this property beckons with unparalleled allure.

Step into a realm of refined elegance, where no expense has been spared in the recent renovation. Immerse yourself in the allure of a brand-new kitchen, resplendent with modern appliances and sleek stone benchtops, where culinary delights await to be savored. The bathrooms exude sophistication, adorned with contemporary fixtures and luxurious finishes, inviting you to unwind in ultimate tranquility.

Expansive sliding doors and panoramic windows usher in breathtaking vistas of the Gold Coast skyline, while flooding the interiors with natural light, creating a seamless blend of indoor-outdoor living. Enhanced with extra lighting and adorned with chic ceiling fans, every corner exudes an ambiance of comfort and sophistication.

No detail has been overlooked in the pursuit of perfection. Revel in the sleekness of new floor tiles underfoot, complemented by a fresh coat of paint that adds a touch of modernity to the space. The renovated laundry ensures practicality meets elegance, completing the picture of effortless living.

The allure of this exceptional property extends beyond its aesthetic appeal. With short-term rental potential fetching up to $1000 per night and long-term stays commanding $1200 - $1400 per week, the investment prospects are as promising as they are lucrative. Anticipate annual returns of $70k-75k, making this an investment opportunity not to be missed.

Whether you seek a lucrative short-term rental investment, a lucrative long-term asset, or an idyllic holiday retreat, this apartment presents an unparalleled opportunity to indulge in the epitome of luxury living on the Gold Coast. Embrace a lifestyle of sophistication and splendor - your paradise awaits.

Property History for 114/114 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,467,000
05 Jul 2024
Listed for Rent
$660/w
22 Sep 2020
  • 08 Jul 2024
    Listed for Sale OFFERS OVER $1,499,000
  • 05 Jul 2024
    Sold for $1,467,000
  • 04 Mar 2024
    Listed for Sale OFFERS OVER $1,499,000
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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 25,218 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 360 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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Corey Lindh
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Osman Rastagar
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Revolution Property Group
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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.