SOLD
Sold on 09 May 2024 for $1,200,000

204/18-22 Orchid Avenue
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 404m2
Land area: 592m2
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Property Details for 204/18-22 Orchid Ave, Surfers Paradise

Building Type
Commercial
Year Built
1982
Floor Size
404m2
Land Size
592m2
Local Government
Gold Coast City
Lot/Plan
19/BUP5427

Last Listing description (May 2024)

Locate in the heart of Surfers Paradise. Great access to all amenity and public transport including the Light Rail. Ideal for English College, training organization

* 404m2*
* Located within La Promenade Arcade

* Suits commercial office / Language College / training
* cheap rent
* Layout includes individual class rooms, kitchenette, rest room etc
* Air-conditioned
* Motivated landlord - exceptional value

Please contact Robert on 0401023501 for inspection

Property History for 204/18-22 Orchid Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,200,000
09 May 2024
Listed for Rent
$1.92k/w
31 Jan 2024
  • 09 May 2024
    Sold for $1,200,000
  • 31 Jan 2024
    Listed for Rent - Price not available
  • 14 Apr 2023
    Listed for Rent - Price not available
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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 88 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1586 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.