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Sold on 06 Aug 2024 - Price Unavailable

38 Darrambal Street
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 554m2
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Property Details for 38 Darrambal St, Surfers Paradise

Building Type
Commercial
Land Size
554m2

Last Listing description (August 2024)

Travis Rayner and Ryan Langham from RWC Burleigh Group are pleased to offer to the market for sale via online Auction, this DA Approved site located on the highly sought-after Chevron Island.

Chevron Island is an urban island neighbourhood inside the suburb of Surfers Paradise. It features a canal-fronting public park, local retail and restaurants, a thriving commercial community and easy access over the Green Bridge to the Gold Coast's newly completed Home of the Arts (HOTA) cultural precinct.

This is a fantastic opportunity for you to secure and immediately get to work on a DA-approved site and not have to sit on your hands waiting for a GCCC Development approval to be processed.

• 554sqm* block with 21 m+ frontage
• Residential C, high-density residential zone
• Existing development approval for 4 x tri-level villas
• Each approved Villa has 4 Bedrooms, 4* bathrooms and 2* Car Garage
• Two of the Villas even come with approval for their own private swimming pools
• Ideal to redevelop now or land bank
• Excellent proximity to public transport, Thomas Drive retail, cafe's and restaurants, shopping and schools
• Current holding rental income
• Easy access to the HOTA precinct via the new Green Bridge

Please contact Travis or Ryan to discuss this opportunity further or to access additional information.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by 'The Collective Commercial Pty Ltd' trading as Ray White Commercial Burleigh Group towards the recipient with regard to the use of this information and all information given is given without responsibility. Visit Ryan Langham Commercial Real Estate for tips on Gold Coast Commercial Real Estate Gold Coast, Burleigh Heads Commercial Real Estate, Burleigh Waters Commercial Real Estate, Carrara Commercial Real Estate, Coolangatta Commercial Real Estate, Currumbin Commercial Real Estate, Tweed Heads Commercial Real Estate, Helensvale Commercial Real Estate, Arundel Commercial Real Estate, Biggera Waters Commercial Real Estate, Bundall Commercial Real Estate, Gold Coast property or any of the following suburbs to know more about the commercial market in these areas: Advancetown, Alberton, Arundel, Ashmore, Austinville, Benowa, Biggera Waters, Bilinga, Bonogin, Broadbeach, Broadbeach Waters, Bundall, Burleigh Heads, Burleigh Waters, Carrara, Cedar Creek, Clagiraba, Clear Island Waters, Coolangatta, Coombabah, Coomera, Currumbin, Currumbin Waters, Currumbin Valley, Elanora, Gaven, Gilberton, Gilston, Guanaba, Helensvale, Highland Park, Hope Island, Hollywell, Jacobs Well, Kingsholme, Labrador, Lower Beechmont, Luscombe, Main Beach, Maudsland, Mermaid Beach, Mermaid Waters, Merrimac, Miami, Molendinar, Mount Nathan, Commercial Property, Real Estate Investment, Property Development, Commercial Real Estate, Property Management, Investment Property, Real Estate Development, Real Estate Investing, Real Estate Broker, Real Estate Agent, Australian Real Estate, Property for Sale, Office Space, Retail Space, Industrial Property, Commercial Land, Commercial Building, Property Investment, Investment Opportunity, Development Opportunity.

Property History for 38 Darrambal St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
06 Aug 2024
Listed for Rent
$490/w
03 Feb 2016
  • 06 Aug 2024
    Sold for $1,718,000
  • 07 Mar 2022
    Listed for Sale CONTACT AGENT
  • 30 Jan 2020
    Listed for Rent $490 / week
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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 25,226 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 370 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1587 properties were sold in the past 12 months in Surfers paradise.

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Contact agent
Travis Rayner
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Ryan Langham
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RWC Burleigh Group
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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.