SOLD
Sold on 27 Jun 2024 for $5,600,000

3298 Gold Coast Highway
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1171m2
Land area: 716m2
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Property Details for 3298 Gold Coast Hwy, Surfers Paradise

Building Type
Commercial
Floor Size
1171m2
Land Size
716m2
Local Government
Gold Coast City
Lot/Plan
277/S9538

Last Listing description (September 2019)

First National Real Estate is pleased to offer a rare and unique opportunity to acquire a full freehold Surfers Paradise CBD building, situated at 3298 Surfers Paradise Boulevard, Surfers Paradise QLD 4217.
Genuine seller has instructed for the sale of this premier fully updated substantial two level retail and commercial building situated in the heart of central Surfers Paradise, in one of Australia's most tightly held property markets.
Some of the properties attributes include:

- Trophy 2 level substantial CBD building
- Land area: 716sqm*, total NLA: 1,097sqm*
- Iconic & high profile location, 15m* street frontage
- Solid income stream and fantastic re-development potential
- Strategic location surrounded by national/international tenants, retailers, hotel/resorts and apartment high-rises
- Zoning centre unrestricted height & density, ideal high-rise, hotel/residential/serviced apartment location (STCA)
- Heart of Surfers Paradise location, strong capital gain potential, high foot traffic, ideal investment or occupy
*Approx.
For further information, please contact Russell Rollington 0412 898 129 or Bob Rollington 0411 427 311 of First National Real Estate Surfers Paradise

Property History for 3298 Gold Coast Hwy, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$5,600,000
27 Jun 2024
Listed for Rent
$1.15k/w
06 May 2021
  • 27 Jun 2024
    Sold for $5,600,000
  • 23 Dec 2019
    Sold for $3,800,000
  • 13 Mar 2018
    Listed for Sale Contact Exclusive Agent for further information
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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.

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.