SOLD
Sold on 28 Mar 2024 for $100,000

24/19 Orchid Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 827m2
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Property Details for 24/19 Orchid Ave, Surfers Paradise

24/19 Orchid Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 827m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
62m2
Land Size
827m2
Local Government
Gold Coast City
Lot/Plan
16/SP176957

Last Listing description (October 2024)

The Location: An apartment building located literally only steps away from the best of what Surfers Paradise has to offer. Pristine sandy beaches, an array of restaurants and cuisines, cafes from the casual to sophisticated, wine bars and lounges, family friendly entertainment, night clubs, shopping to suit a wide range of tastes and needs, the light rail to other amenities & more. Where else would you go to enjoy your holiday while being able to access so much while just on foot?

The Apartment: A uniquely spacious apartment enjoying a wrap-around balcony with beach views ideal for entertaining, you could fit a football team on it (check out the size below). The interior is just as unique and highlights; a beyond 'standard-sized' open-plan “L” shaped lounge/dining, separate bedroom, stylish bathroom and well-equipped kitchen. It's a space that offers opportunities for the astute investor/home buyer to add a second bedroom. The wrap-around balcony comes with one of the largest entertaining patios (approx 61sq m) with exclusive rights to this apartment.

Summary: This apartment is ideal for the young, the young at heart, the investor seeking a “wholesale price” instead of retail, the ambitious Air b 'n' b provider, the downsizing retiree - what we're saying is, it's highly adaptable to many walks of life. With an appeal that stretches across so many demographics comes the likelihood of; faster turnaround on leasing, more consistent tenancy rate, and ease of ability to maximize yield. Be quick to snap up this splendid opportunity as other apartments in the building have proven not to last long when made available. And if you're still having a think, why not check out that price again? It really is a buyer's market!

Key Features:

- Highly sought out location

- Steps away from Gold Coast beaches, dining, entertainment, clubs, restaurants, cafes, wine bars & shopping

- Secure building

- North-Easterly views to the ocean

- Security cameras and private swipe tag access

- Only 4 apartments per floor

- Air-conditioned & comfortable interior

- North facing balcony aspect with ocean & skyline views

- Approx 61 sq m balcony

- Ideal for holiday letting or full-time letting or owner-occupier

- Low outlay for a great investment as Air b 'n' b

- Great starter for the young with low budget

Inspections By Appointments, please contact Martin Pettit 0403 056 515

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 tenants should make their own enquiries to verify the information contained herein.

Property Code: 404

Property History for 24/19 Orchid Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$100,000
28 Mar 2024
Listed for Rent
$360/w
06 Mar 2022
  • 13 Oct 2024
    Listed for Sale $459,000
  • 28 Mar 2024
    Sold for $100,000
  • 22 Feb 2022
    Listed for Rent $360 / 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 25,220 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 366 properties listed for sale, and 85 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1595 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.