OFF MARKET

24/2940 Gold Coast Highway
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 761m2
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Last updated 11 Nov 2024
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Property Details for 24/2940 Gold Coast Hwy, Surfers Paradise

24/2940 Gold Coast Hwy, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 761m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1979
Floor Size
86m2
Land Size
761m2
Local Government
Gold Coast City
Lot/Plan
24/BUP3471

Last Listing description (September 2022)

This large spacious 2 bedroom apartment boasts meticulous design with breathtaking panoramic Views!. Nestled on the 4th floor of the popular Silverton Apartments.
A never ending list of features from a large 2 pac kitchen , spacious breakfast bar, storage galore, and absolute jaw-dropping views over looking the Main River, City & Hinterland.
Not a cent to spend just move in and enjoy! If you want monumental and quality design, great size, and awe inspiring views, you cannot look past this apartment.

More features:
- Great open plan design of spacious Living , dining & kitchen
- Stylish floating floors throughout
- Generous Balcony with jaw dropping views
- Furniture is optional and can be included in the sale.
- Large Separate Laundry
- Air conditioned
- Security Basement carpark & owner rents a second space for $60 per month
- Resort facilities include large outdoor pool, spa, sauna, gym, games room and full size tennis court parklike grounds overlooking main river with BBQ areas.
- Tram & bus stops are approx. 100m away
- Close to Northcliffe Surf Club
- A total of 84 Apartments nestled on 4748sqm of prime land nestled on Main River.

The seller is happy to do a rent back for 3,6 or 12 months or simply Just move in and Enjoy the Gold Coast Lifestyle!

Financials:
- Sinking fund is approx $775,000
- Rent is approx. $550-$600 per week
- Body corporate is approx. $103 per week.

Contact Martin today for an inspection!

Property History for 24/2940 Gold Coast Hwy, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$585,000
11 Jul 2022
  • 11 Jul 2022
    Sold for $585,000
  • 08 Jul 2022
    Listed for Sale $550,000+
  • 11 Oct 2019
    Sold for $320,000
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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 25,214 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 368 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.