SOLD
Sold on 10 Apr 2024 for $56,000,000

3/27 Garfield Terrace
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 194m2
Land area: 195m2
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Property Details for 3/27 Garfield Tce, Surfers Paradise

3/27 Garfield Tce, Surfers Paradise is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 195m2 and floor size of 194m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1969
Floor Size
194m2
Land Size
195m2
Local Government
Gold Coast City
Lot/Plan
3/BUP430

Last Listing description (April 2016)

First time offered for sale in over 30 years. Interstate sellers have instructed for the immediate sale of this extremely desirable Absolute Beachfront Apartment. Occupying the entire 3rd floor and boasting Spectacular Ocean views up and down the coastline never to be built out, this oversized 3 bedroom apartment is the ultimate renovator and will represent amazing value for money.
Kuleena is a boutique block of only 7 residences on a prime 812m2 absolute beachfront block and has many upsides for the new owner in the future. The location speaks for itself and is a very short walk to the popular Northcliffe SLSC and just minutes away from Cavill Avenue where there are hundreds of shops, restaurants, caf s and entertainment.
Don't miss this amazing opportunity to secure an entire floor apartment in this tightly held residential building. Under instructions for all offers to be submitted!

Features:
- Absolute beachfront Blue Chip position
- Three bedrooms, Two Bathrooms
- Only 7 Apartments in this Boutique block
- One apartment per floor
- Stunning beach and ocean views
- Perfect north-east aspect
- 812m2 Absolute Beachfront block
-First time available for sale in over 30 years
-Under instructions for all offers to be submitted.
Exclusively listed by Tolemy Stevens Luxury Beachfront Specialist.

Property History for 3/27 Garfield Tce, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$56,000,000
10 Apr 2024
  • 10 Apr 2024
    Sold for $56,000,000
  • 27 Jan 2016
    Sold for $1,455,000
  • 31 Dec 2015
    Listed for Sale Auction

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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 25,221 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 87 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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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.