SOLD
Sold on 21 Jun 2024 for $672,000

3246/23 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 74m2
Land area: 735m2
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Property Details for 3246/23 Ferny Ave, Surfers Paradise

3246/23 Ferny Ave, Surfers Paradise is a 2 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 735m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
74m2
Land Size
735m2
Local Government
Gold Coast City
Lot/Plan
3147/SP175385

Last Listing description (November 2024)

Situated on the 24th floor in the heart of Surfers Paradise, this 2 bedroom, 2 bathroom 1 car apartment has the potential to give you the lifestyle that only a handful of people can experience in a lifetime. Whether you are living in the apartment full time or own it as a holiday investment, everything that you need is literally only a short walk away. As you exit the building on the ground floor, you have Woolworths 50 metres to your left, Coles 50 metres to your right, fine dining and classy bars starting from across the road and the beach being only 200 metres away! How can it be more convenient than this!?

In terms of the apartment itself, what differentiates this particular apartment from others in the building is the unique renovation and updated furniture package. The seller has recently invested a decent sum of money into the apartment making it very modern and up to date, which means all you need to bring are your clothes and personal belongings to start living the lifestyle that so many dream of.

Rental Returns through our Holiday Operator: Approx. $32,000 - $40,000/year

Permanent Rental Returns: Approx. $580 - $610/week

Body Corporate / Strata Fees: Approx. $10,600 p.a.
Council & Water Rates: Approx. $4,000 p.a.

Features & Facilities of the Chevron Renaissance Building:

- Concierge
- Three Swimming Pools/Lagoons
- Indoor 25m Pool
- Outdoor Spa
- Indoor Steam Rooms
- Indoor Saunas
- Gymnasium
- Games Room
- Onsite Management
- Full Security
- Pet Friendly (Up to 10kgs)

Please feel free to contact me anytime, if you wish to inspect the property or would like more information.

Disclaimer: We have used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions.

Property History for 3246/23 Ferny Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$672,000
21 Jun 2024
  • 26 Sep 2024
    Listed for Sale $695,000
  • 21 Jun 2024
    Sold for $672,000
  • 19 Feb 2022
    Sold for $507,500
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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 25,222 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 364 properties listed for sale, and 86 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.

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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.