SOLD
Sold on 01 Mar 2024 for $2,100,000

3/70 Paradise Island
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 183m2
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Property Details for 3/70 Paradise Island, Surfers Paradise

3/70 Paradise Island, Surfers Paradise is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 183m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
100m2
Land Size
183m2
Local Government
Gold Coast City
Lot/Plan
3/BUP1307

Last Listing description (February 2007)

AN OPPORTUNITY KNOCKS!
Located in the heart of the Gold Coast, Surfers Paradise. This well maintained 2 bedroom unit with 1 bath and single lock-up garage will entice any serious investor or first home buyers.
The unit is within walking distance to the centre of Surfers Paradise with cafes, restaurants and the magnificent beach. Ideally located close to public transport and shops. It is part of a small complex of only 4 units with low body corp. and good rental return.

The unit has a large kitchen with a meals room and a good sized living room. The bedrooms are of good size and the large balcony looks onto the quite street. Fully furnished with an air-conditioning unit in one bedroom.
Future redevelopment potential!!!
When opportunity knocks don't delay.
For more information or to arrange a personal viewing, call Ivan Castro on 0400 993 737
View this property online WEB ID:1246 at www.reol.com.au or click on our logo to go straight to our website.
We constantly have new listings coming in. Phone 07 5576 7365 or register your details at www.reol.com.au
If you are thinking of selling we have a valuable information pack we can send to you, with absolutely no obligation.
Additional feature - Air Conditioning.

Property History for 3/70 Paradise Island, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$2,100,000
01 Mar 2024
Listed for Rent
$400/w
23 Feb 2012
  • 01 Mar 2024
    Sold for $2,100,000
  • 08 Mar 2021
    Sold for $1,380,000
  • 03 Feb 2017
    Sold for $1,238,000
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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 25,232 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 91 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 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.