SOLD
Sold on 28 Jun 2024 for $920,000

3812/88 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 108m2
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Property Details for 3812/88 The Esplanade, Surfers Paradise

3812/88 The Esplanade, Surfers Paradise is a 2 bedroom, 2 bathroom Unit. The property has a land size of 108m2. 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
Land Size
108m2
Local Government
Gold Coast City
Lot/Plan
3812/SP309820

Last Listing description (August 2024)

Welcome to 3812/88 The Esplanade Surfers Paradise QLD 4217

Experience the beachfront luxury views unite at MERITON -?OCEAN?-76 storeys against Gold Coast skyline, is set to be the most iconic Surfers Paradise beachfront landmark, bringing to life a new era in modern living, one where lifestyle, convenience and luxury meet.?
Ocean view Beachfront apartment in surfers offers access to a sauna, fitness room, and indoor pool. The property is 0.6 miles from the city centre and a 3-minute walk from Surfers Paradise Beach.

Providing a terrace and ocean views, the spacious apartment includes 2 bedrooms, a living room, an equipped kitchen, and 2 bathrooms with a walk-in shower and a bath.?
Key Property Attributes:
Spacious floor area of 98m*.
Captivating ocean vistas from the generously sized master suite, complete with a spacious ensuite.
Chef's dream kitchen with top-of-the-line appliances.
Premium SMEG stainless-steel appliances including concealed undermount rangehood, gas cooktop, oven, microwave and fully integrated dishwasher
Gas cooking, soft closing bespoke cabinetry with 40mm Caesarstone countertops.
Split system air conditioning to all rooms
Internal laundry with dryer and cabinetry
Impeccable design with high-end fixtures, exquisite tile work, and luxurious 100% wool carpeting.
Two well-appointed bathrooms, one of which is an ensuite.
Enjoy a serene in-ground swimming pool.
Exclusive residential facilities on Level 33 offer breathtaking views and include an indoor heated pool, sauna, spa, and gymnasium.?
Additionally, there's an Exclusive Ocean Beach Club on level 5, complete with an outdoor pool, spa, bar, expansive open lawn.
Fees:
Body Corporate Fee: approx. $111/ week
Gold Coast City Council Rate: approx. $2,480/ per annum
Gold Coast Water: approx. $1000/ per annum (Excluding water usage)
Estimated Rental Appraisal: $950 - $1000/week. Great value for Investors.
Currently tenanted until 9/2024, rent is 900/week, it presents excellent value and an immediate return on investment. Great value for Investors.
Don't miss out on this incredible opportunity to secure this apartment.
Contact us today to arrange a viewing.

Disclaimers:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accepting no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 3812/88 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$920,000
28 Jun 2024
  • 28 Jun 2024
    Sold for $920,000
  • 03 May 2024
    Listed for Sale Not Disclosed
  • 07 Feb 2020
    Sold for $633,000

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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 25,221 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 363 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.