SOLD
RECENT ADVICE
Sold on 22 Mar 2024 for $225,000

Surfers Paradise Boulevard
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1425/3197 Surfers Paradise Bvd, Surfers Paradise

1425/3197 Surfers Paradise Bvd, Surfers Paradise is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (March 2024)

ATTENTION INVESTORS! On offer is this one bedroom, twin share hotel suite in the highly sought after 'Mantra on View' building. This building is positioned in a perfect central location with the unit offering a north aspect with stunning ocean views from the 14th level. Just a block away from the famous Surfers Paradise beach and within walking distance of all the city's best shops, restaurants, cafes and nightlife. Attractive building facilities and location for any holiday goer. This unit is only designed for short term holiday stays. With the option of on-site holiday management or self managed (Airbnb, etc) this suite offers high yield returns and at this price point, is the ideal investment property.

Unit features include:
• 14th floor

• Balcony with hinterland and stunning ocean views
• Washing machine in bathroom
• Large fridge & assorted kitchenware
• Studio apartment
• Two double beds
• Fully furnished
• Ducted air conditioning
• Can sleep up to 4 adults

Building features include:
• Restaurant and bar
• Conference facilities
• Gymnasium
• Pool
• Secure basement car parking
• 24 hour reception and room service

Returns:
• Approximately $50,517.00/per annum -Mantra on View management

Outgoings:
• Water approximately $25/week
• Rates approximately $56/week
• Body Corporate approximately $95/week (includes electricity)

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Property History for 1425/3197 Surfers Paradise Bvd, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$225,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $225,000
  • 01 Nov 2023
    Listed for Sale $225,000

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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 25,300 properties.

    There are currently 327 properties listed for sale, and 145 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1659 properties were sold in the past 12 months in Surfers paradise.

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