SOLD
RECENT ADVICE
Sold on 26 Jul 2024 for $950,000

31/5 Admiralty Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 145m2
Land area: 1102m2
Sold By
taylorsproperty.com.au
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Property Details for 31/5 Admiralty Dr, Surfers Paradise

31/5 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 145m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
145m2
Land Size
1102m2
Local Government
Gold Coast City
Lot/Plan
31/BUP5606

Last Listing description (July 2024)

This rare and outstanding lifestyle opportunity is not easily replicated. Located on the 5th floor of the exclusive 'The Nelson' building in the prestigious waterfront suburb of Paradise Waters.

As you step inside you will immediately be in awe of the intuitive design that capitalises on the breathtaking panoramic views. The 5th floor vantage point captures the morning sun and ocean outlook to the east with captivating vistas of the beautiful marina, river, city lights and hinterland to the north.

The generously proportioned apartment incorporates a variety of stylish enhancements throughout. Extensive use of glass provides an added sense of space with an abundance of natural light and seamless connection between indoor/outdoor living. A fully functional format designer kitchen creates the perfect environment for culinary experts and home entertainers. The residence includes two spacious bedrooms with adjoining balconies, two modern bathrooms and a secure car space with additional storage.

Residents can relish in the resort class amenities on offer including a swimming pool, spa, sauna, BBQ facilities, private function room and waterfront marina. You also have the convenience of an on-site restaurant, cafe, pilates studio, hair salon, beautician and convenience store located downstairs.

The location is world class... set in an exclusive waterfront enclave neighbouring multimillion dollar residences. Paradise Waters is renowned for its highly sought after location within close proximity to Main Beach dining and social hubs including multiple restaurants and cafes, the Southport yacht and surf clubs and multiple exclusive hotels. Walk to the nearby G Link light rail stop for easy transportation.

- Spacious open plan design with extensive glass
- Fully functional format designer kitchen
- Two bedrooms with adjoining balconies
- Two modernised bathrooms
- Separate laundry + extra storage
- 1st class resort amenities
- On site shopping, dining, cafe, hair and beauty, pilates studio
- Prime waterfront location + ocean views
- Security building and parking + additional storage

Its all on offer here, the ultimate lifestyle property in the most idyllic of locations with the scope for continued capital growth at an unprecedented level.

Astute buyers will be provided with an intense sense of urgency to act, upon the realisation of value on offer.

Guaranteed to be in high demand...

Phone Now to inspect!

Property History for 31/5 Admiralty Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$950,000
26 Jul 2024
  • 26 Jul 2024
    Sold for $950,000
  • 27 Jun 2024
    Listed for Sale Not Disclosed
  • 02 Jun 2016
    Sold for $480,000
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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 25,339 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:

  • The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 342 properties listed for sale, and 109 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1641 properties were sold in the past 12 months in Surfers paradise.

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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.