OFF MARKET

401/7 Mallana Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 2314m2
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Property Details for 401/7 Mallana St, Surfers Paradise

401/7 Mallana St, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2314m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2003
Floor Size
73m2
Land Size
2314m2
Local Government
Gold Coast City
Lot/Plan
8/SP157840

Last Listing description (September 2021)

From its North East 4th floor vantage point in the heart of Surfers Paradise, this bright and modern apartment showcases breathtaking river views from every window. It is an exceptional investment opportunity for the savvy investor with the apartment being an established short-term rental or the perfect first starter as its neat and tidy but can be renovated increase its value.

Features Include:


2 Bedroom 2 Bathroom 1 Secure Car Space
Highly positively geared with approx. rental return of $400-$450-per week
Footsteps to Surfers Paradise's thriving dining and entertaining precinct.
Open plan kitchen with separate laundry space
Spacious bedrooms with city skyline views and built-ins
Sold fully furnished

Facilities include:

Sunny entertaining terrace with plunge pool, lap pool and barbecue area
Secure undercover parking access within the complex
Double lift access, security intercom, excellent onsite management

Returns: $400-$450 per week
Body Corporate: Approx. $1,800 per/qtr
Rates & Water: Approx. $650 per/qtr

Property History for 401/7 Mallana St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$340,000
21 Jun 2021
Listed for Rent
$400/w
27 May 2021
  • 21 Jun 2021
    Sold for $340,000
  • 26 May 2021
    Listed for Rent $400 / week
  • 29 Mar 2021
    Listed for Sale $355,000
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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 25,105 properties.

    There are currently 317 properties listed for sale, and 133 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1709 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.