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Sold on 01 Jul 2024 - Price Unavailable

20/63 Cavill Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
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Property Details for 20/63 Cavill Ave, Surfers Paradise

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.

Building Type
Apartment
Floor Size
116m2
Local Government
Gold Coast City
Lot/Plan
20/BUP3432

Last Listing description (July 2024)

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:

2 Bedrooms 2 Bathrooms 1 Secure car park
Absolute riverfront and only 2 blocks back from the beach
Private Lower-Level Apartment
Crisp light white interiors
Generously combined living and dining zone capturing northern sunlight
Air conditioning
Spacious second bedroom with added storage
Laminate kitchen with electric cooktop, loads of storage and breakfast bar.
Neat and tidy bathrooms, ceilings fans in beds and sold fully furnished if required.
Low Body Corporate Approximate $135 per week
Achieving high returns currently air BnB
On-site facilities include: Outdoor swimming Pool, Hot Spa pool, games room, and sauna BBQ & Outdoor dining area as well as well-maintained lush tropical gardens offering a peaceful surrounding.

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

Property History for 20/63 Cavill Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
01 Jul 2024
  • 17 Jun 2024
    Sold for $700,000
  • 24 May 2024
    Listed for Sale $775,000
  • 11 Oct 2022
    Sold for $525,000
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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 25,222 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:

  • 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 364 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1599 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Contact agent
Katrina Keegan and Penelope Nicholls
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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.