20/63 Cavill Ave, Surfers Paradise is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.
This highly sought-after 116sqm layout is one of the most appealing 2-bed, 2-bath options in town. With exceptionally low outgoings, it offers a set-and-forget investment with high growth potential.
Located right on the riverfront this popular residential style building enjoys a unique location between the serene Nerang River and the vibrant Surfers Paradise. You'll find the tranquil Lionel Perry Park right on your doorstep, while the Circle on Cavill Shopping precinct, featuring retailers like Woolworths, EMF gym, Chempro, and a medical centre, is just across the road. Known for its unbeatable riverfront location ''The Moorings' combines the convenience of city living with a friendly neighbourhood atmosphere, making it perfect for both living and investment, attracting high-quality long-term tenants.
Property Highlights Include:
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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 25,222 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:
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