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Sold on 24 Jul 2024 - Price Unavailable

402/2865 Gold Coast Highway
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 2541m2
Sold By
Harcourts Coastal
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Property Details for 402/2865 Gold Coast Hwy, Surfers Paradise

402/2865 Gold Coast Hwy, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 2541m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
113m2
Land Size
2541m2
Local Government
Gold Coast City
Lot/Plan
20/SP161863

Last Listing description (March 2024)

Stunning city and river views!

Investor alert! This quality beachside apartment will suit just about everyone which is located on the 4th floor of the popular Ipanema building in Surfers Paradise.

Ideal for the investor or owner occupier to live in one side and rent out the other to pay your outgoings or just simply rent them both out as a permanent rental or holiday let. BONUS 2 CARSPACES!

Live elsewhere while enjoying your income-producing investments all year round or let one while reserving the other for your own seaside vacations. The choice is yours, but with all these benefits and within this price range, this little gem is sure to be snapped up fast.

? Top quality security building, popular with both holidaymakers and owner-occupiers
? Large one-bedroom apartment plus studio unit with kitchenette. Both feature their own ensuite and a private balcony with superb ocean and city views
? Ducted reverse cycle air conditioning, high ceilings, security
? key lift access
? Technika stainless steel kitchen appliances, larger unit (unit A) with dishwasher (Currently renting for $500 per week rent)
? Unit B comprises queen bedroom, walk-in robe, ensuite, kitchenette, balcony (currently rents for $400 per week) in total the apartments are achieving $900 per week.
? The Apartment comes furnished as per inventory
? Both ensuites are complete with bathtub, shower, toilet & vanity
? Units share private laundry, 2 security basement car spaces, 24/7 management
? Large resort pool, wading pool, heated outdoor spa, gymnasium, sauna, meeting room
? Gorgeous tropical gardens, extra-large BBQ & alfresco dining terrace
? Private access through gardens to patrolled surf beach which is only metres away
? Located between Surfers Paradise and Broadbeach. Close to the 6 star Jewel development

Contact Martin to inspect Today!

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

Property History for 402/2865 Gold Coast Hwy, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
24 Jul 2024
Listed for Rent
$460/w
24 May 2022
  • 24 Jul 2024
    Sold
  • 01 Dec 2023
    Sold for $650,000
  • 27 Nov 2023
    Listed for Sale $649,000+
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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 25,218 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 358 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.