OFF MARKET

2/7 Monaco Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 68m2
Land area: 304m2
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Last updated 30 Sep 2024
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Property Details for 2/7 Monaco St, Surfers Paradise

2/7 Monaco St, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1979. The property has a land size of 304m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1979
Floor Size
68m2
Land Size
304m2
Local Government
Gold Coast City
Lot/Plan
2/BUP3483

Last Listing description (November 2021)

Be central to everything you need here in this fantastic recently renovated, east facing two bedroom unit located in the very popular Monaco Street. Only a hop skip and jump to the G Link tram and only a short walk to famous Surfers Paradise beach, this property is great if you wish to be central to it all.

What an opportunity to secure yourself a blue chip investment on the fringe of both Surfers Paradise and Broadbeach. Capital growth and development potential are all imminent in this excellent investment.

Property Features Include:

* Two large bedrooms both with built in robes
* Combined bathroom & laundry
* Open plan living & dining area
* Kitchen with plenty of cupboard space
* Balcony off Lounge room
* Intercom
* Shared Double garage to fit 2 small cars (tandem) or 1 car + storage
* Plenty of on street parking
* Short walk to Surfers Paradise
* Small block of only 8 units
* Low Body Corporate of just $53 per week
* Council rates per annum approximately $1,800 per annum
* Water rates per annum approximately $1,400 per annum
* Current tenants paying $420 per week until the 12th of August 2022

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. * denotes approximate measurements

Property History for 2/7 Monaco St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$385,000
25 Oct 2021
Listed for Rent
$400/w
25 Sep 2020
  • 25 Oct 2021
    Sold for $385,000
  • 21 Oct 2021
    Listed for Sale Offers Above $369,000
  • 03 Sep 2020
    Listed for Rent $400 / week
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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 25,335 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:

  • The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 349 properties listed for sale, and 114 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1629 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.