SOLD
Sold on 04 Aug 2024 for $1,000,000

1506/5-19 Palm Avenue
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 3547m2
Sold By
Grow&Co Property Agents Southport
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Property Details for 1506/5-19 Palm Ave, Surfers Paradise

1506/5-19 Palm Ave, Surfers Paradise is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 3547m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
131m2
Land Size
3547m2
Local Government
Gold Coast City
Lot/Plan
167/BUP106473

Last Listing description (September 2024)

We are under instructions to present all SERIOUS offers for the family's consideration!

Looking for a sea-change? Wanting the endless summer lifestyle? Look no further! On offer is a house sized apartment with low body corporate on the 15th floor with views over the ocean, city, river and mountains! Mantra Crown Towers boasts excellent resort facilities and is centrally located mere meters to the patrolled surf beaches of Surfers Paradise and a short stroll to the heart of the action and Gold Coast Mecca 'Surfers Paradise'.

The family has made the decision - The Unit Must Go!

Facts:
Size: 146m2
Views: Ocean, River, Mountain, City & Broadwater
Bedrooms: 3
Bathrooms: 2
Car Spaces: 1
Rental Appraisal: $975 - $1,025 per week approx
Body Corporate: $8,585.34 per Annum approx
Council Rates: $3,822.84 per Annum approx
Water Rates: $1,703.12 per Annum approx
Facilities: Resort Facilities including Male & Female Saunas, Indoor heated pool & Spa.

Location: Heart of Surfers Paradise, close proximity to public transport connecting you to major Theme Parks including, Movie World, Dreamworld, Wet n Wild, Seaworld, Patrolled beaches a short stroll away, connection to public transport to Brisbane Airport.

Mantra Crown Towers is a family friendly Gold Coast resort, located just 100m from white sandy beaches of Surfers Paradise. Relax poolside by the tropical lagoon pool, while the kids have their own adventure in the heated children's pool complete with its own sandy beach, waterslide and pirate ship, the hardest part is getting them to leave! When hunger strikes you'll find yourself spoilt for choice at Mantra Crown Towers. Treat yourself to a Thai feast at the award winning Chiang Mai Thai Restaurant, located in the lobby of the resort. A popular Surfers Paradise restaurant, you'll be swept away to the shores of Thailand with a fine dining experience.

The thriving beachside metropolis of the Gold Coast is crammed full of restaurants, clubs, shops and hotels making it Australia's most popular holiday destination. At the centre of all the action is Surfers Paradise, with its dazzling skyline and beautiful beaches, where you can splash in the sea, soak up the sun, dine in style and shop till you drop. Mantra Crown Towers, make this destination your new home!

*IMPORTANT* WHILST EVERY CARE IS TAKEN IN THE PREPARATION OF THE INFORMATION CONTAINED IN THIS MARKETING, Grow&Co Property Agents WILL NOT BE HELD LIABLE FOR ANY ERRORS IN TYPING OF INFORMATION. ALL INFORMATION IS CONSIDERED CORRECT AT THE TIME OF ADVERTISING.

Property History for 1506/5-19 Palm Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,000,000
04 Aug 2024
  • 04 Aug 2024
    Sold for $1,000,000
  • 30 Jul 2024
    Listed for Sale Not Disclosed
  • 27 Feb 2023
    Sold for $1,050,000
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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 25,225 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 369 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1587 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 for any loss or damage arising in connection with the data and information contained in this publication.