OFF MARKET

38/20 Old Burleigh Road
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 729m2
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Property Details for 38/20 Old Burleigh Rd, Surfers Paradise

38/20 Old Burleigh Rd, Surfers Paradise is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 729m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1980
Floor Size
159m2
Land Size
729m2
Local Government
Gold Coast City
Lot/Plan
38/BUP3820

Last Listing description (March 2024)

38/20 OLD BURLEIGH ROAD, SURFERS PARADISE
The Penthouses is a popular absolute beachfront building on the border of Surfers Paradise / Broadbeach with only 55 exclusive residences.
Commanding the prized North-East corner and positioned perfectly on the 13th floor, this large 159m2, 3 bedrooms, 2 bathrooms residence represents outstanding value and is the ideal permanent residence, private holiday home or performing investment in the on-site letting pool, either way the choice is yours with no restrictions.

Boasting Spectacular Ocean views never to be built out and sundrenched balconies perfect for watching the waves roll in or the whales in the distance. This floor plan showcases a desirable front to back layout, meaning you face the ocean to the East, but also West to the hinterland, allowing for Amazing cross flow ventilation as well as spectacular skyline, hinterland and sunset views of an evening, the best of both worlds. If you love the warmth of the sun from sunrise to sunset and particularly in winter, then this is the apartment for you.

There's only 2 residences on the 13th floor, and apartment 38 occupies half of the sought-after Northern side and comes with an ultra-rare private lock up double garage and separate storage cage on title. Motivated interstate sellers, Under instructions for all offers to be submitted, don't miss out.

Features:
? Absolute Beachfront position - Direct access to the beach
? Spacious 159m2*, 3 bedrooms, 2 bathrooms
? 13th floor offering an ideal height
? Sold furnished
? The ultimate private residence or luxurious holiday home
? Rarely available North-East floor plan, sun-drenched balconies
? Un-interrupted ocean views up and down the coastline
? Stunning Skyline, River and hinterland views
? Boutique block of only 55 apartments
? Ultra rare 2 car garage plus storage cage on title
? Set on a massive 3817sqm of land
? Located on the sand between Surfers Paradise and Broadbeach
? Projected rental return $1,300-$1,400 pw (permanent rental)
? Significantly more for Holiday "short term" letting

Facilities include:
? Heated children's pool
? Heated outdoor swimming pool
? Full size tennis court
? Direct access to the beach
? Secure undercover parking
? Heated spa
? BBQ area
? Kids Games Room

Situated on the popular beachfront stretch along Old Burleigh Road which is on the border of Surfers Paradise / Broadbeach and only a gentle stroll to the CBD where you will find hundreds of shops, restaurants, cafes, and entertainment. Also close to the light rail, Convention Centre, Star Casino, Pacific Fair Shopping Centre, Marine Mirage, multiple surf clubs and more. This is the ultimate location for the astute buyer.

The premium Half floor North-East facing units are tightly held for a reason, they boast the ultimate beachfront view, plus the hinterland, river, and skyline aspects with sundrenched balconies all day long.

AUCTION - 11am In-Rooms, 26th July 2023 "if not sold prior"
Exclusively listed by Tolemy Stevens of Harcourts Coastal Prestige - Luxury Beachfront Specialist.
www.tolemystevens.com.au

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 38/20 Old Burleigh Rd, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,440,000
10 Jul 2023
  • 10 Jul 2023
    Sold for $1,440,000
  • 14 Jun 2023
    Listed for Sale AUCTION
  • 02 Jul 2021
    Sold for $1,195,000
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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 25,210 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 344 properties listed for sale, and 98 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1579 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.