SOLD
RECENT ADVICE
Sold on 29 Nov 2023 for $2,650,000

123/74-86 Old Burleigh Road
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 196m2
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Property Details for 123/74-86 Old Burleigh Rd, Surfers Paradise

123/74-86 Old Burleigh Rd, Surfers Paradise is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Floor Size
196m2
Local Government
Gold Coast City
Lot/Plan
47/BUP106875

Last Listing description (November 2023)

Proudly introducing 123 La Sabbia - Situated perfectly on the 12th floor, this tightly held floorplan is on offer for the first time since new. La Sabbia is recognised for its exceptional build quality and sits on 6,912sqm of beautifully manicured landscaped gardens - It is the epitome of luxury beachfront living.

A meticulously designed floor plan enables a harmonious flow, utilising every square metre and capturing uninterrupted views from every living space and bedroom.

Something that can never be taken away is the breathtaking panoramic views, which sweep the Coral Sea, and down the Coastline and beyond. An effortless transition between the oversized balcony and living spaces, provides the idyllic entertainers haven.

Key Features:
• Main bedroom featuring ensuite, walk in robe and direct access to balcony
• Second bedroom featuring ensuite, built in robe and direct access to balcony
• Spacious kitchen with plenty of cupboard space, stone bench tops and breakfast bar
• Seperate dining and open plan, light filled living area
• Additional powder room
• Large Study or can be converted to a third bedroom
• Seperate laundry with more than enough storage space
• Ducted air conditioning and ceiling fans throughout
• 2 sizeable East facing balconies
• 2 secure underground car spaces side by side featuring electric garage door
• Secure garden shed
• 24 Hour security

La Sabbia Features:
• Residential only building
• Beachfront position never to be built out
• Full sized tennis court
• Indoor heated pool and outdoor pool
• BBQ Facilities
• Gym, Spa & Sauna
• Recreational room

Financials:
Body corporate - Approx. $247 per week
Water rates - Approx. $400 per quarter
Council rates - Approx. $927 per quarter
Rental Estimate - Approx. $1,200 - $1,300 per week

Location:
La Sabbia is situated beachfront, along the prestigious Old Burleigh Road, minutes away from the vibrant Broadbeach area. In close proximity to a wide variety of boutique shops, cafes, restaurants, entertainment venues, the Star casino, Broadbeach convention centre, Broadbeach Surf club, and the Oasis Shopping centre.

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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 123/74-86 Old Burleigh Rd, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$2,650,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $2,650,000
  • 09 Nov 2023
    Listed for Sale AUCTION
  • 16 Apr 1998
    Sold for $730,000

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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 25,208 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 328 properties listed for sale, and 99 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Joel Madam
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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.