SOLD
Sold on 16 Feb 2024 for $765,000

25/5 Admiralty Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 1102m2
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Property Details for 25/5 Admiralty Dr, Surfers Paradise

25/5 Admiralty Dr, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 1102m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
124m2
Land Size
1102m2
Local Government
Gold Coast City
Lot/Plan
25/BUP5606

Last Listing description (June 2024)

Introducing The Nelson - the perfect blend of convenience and privacy. Located in the serene Paradise Waters, nestled on the quieter side of Surfers Paradise and just a stone's throw away from Main Beach, this exceptional unit offers quick access to a vibrant nightlife, trendy cafes, shopping destinations, and pristine beaches.

This original condition unit is in a corner position on the 4th floor and boasts breathtaking
views of the Paradise Waters canals, where you can also experience the enchanting city lights, Nerang River and lush Hinterland.

Awaiting your personal touch, apartment presents an opportunity to renovate and create a space that reflects your unique taste and style. With a host of appealing features, this property is a true Gold Coast gem:

? Original condition, giving you the freedom to customize
? Two spacious balconies for outdoor relaxation
? Paradise Waters canal views, Nerang River & Hinterland.
? Two bedrooms, each with balconies and scenic views
? Master bedroom includes a walk-in robe and ensuite bathroom
? Two bathrooms for convenience
? Separate laundry
? Ample storage cupboards
? Expansive open plan living and dining area
? Galley kitchen

Immerse yourself in the resort-style gardens and facilities, which include a pool, spa, sauna, BBQ pavilion, and function room. The Nelson also offers private marina facilities (subject to availability), providing an exclusive waterfront experience.
Convenience is at your doorstep, with a variety of shops located downstairs, including a restaurant, cafe, convenience store, and hair salon. The nearby G-Link light rail stop allows for easy transportation, while the captivating features of Main Beach and Surfers Paradise are within walking distance.

Paradise Waters is renowned for its proximity to excellent Gold Coast public and private schools, including TSS and St Hilda's Schools. Indulge in a variety of dining options in Main Beach, and enjoy the nearby Southport Yacht and Surf Clubs. Within close proximity, you'll find Marina Mirage, The Sheraton Grand Mirage Resort, The Imperial Palace, SeaWorld, and the Aquatic Centre.
Experience exceptional value and embrace the sought-after Gold Coast lifestyle at The Nelson.

Property History for 25/5 Admiralty Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$765,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $765,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
  • 28 Nov 2016
    Sold for $365,000
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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 25,231 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 372 properties listed for sale, and 92 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.

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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.