OFF MARKET

405/1-8 Paradise Island
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 64m2
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Property Details for 405/1-8 Paradise Island, Surfers Paradise

405/1-8 Paradise Island, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 64m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1994
Floor Size
54m2
Land Size
64m2
Local Government
Gold Coast City
Lot/Plan
111/BUP101508

Last Listing description (November 2022)

Occupying a prized top floor position in sought after Paradise Island Resort, this tastefully refreshed apartment provides a readymade investment or first home opportunity on the Nerang River.

Quietly positioned in the 'Paradise Resort' complex, this impressive property provides a blue-chip investment or lock-and-leave urban residence within a stroll to CBD of Surfers Paradise.

Brimming with natural light and offering skyline views, it features a warm and welcoming lounge/dining area with engineered timber flooring which leads out to a spacious balcony with Surfers Paradise skyline views.

One bedroom, one bathroom, one secure car space.
Impressive layout featuring an open plan living/dining.
Engineered timber floors. Perfect for low maintenance, easy living.
Full-width sunlit balcony.
Surfers Paradise skyline views.
Well presented.
Presenting an exceptional first home or investment.
Air conditioning and ceiling fans.
Bedroom with balcony access.
Paradise Resort is located on Nerang River.

Paradise Island Resort Facilities:
Lagoon style swimming pool.
Spa
Steam room
Gym
Tennis court
BBQ
On-site convenience store

Paradise Island Resort is located out of the hustle and bustle of central Surfers Paradise and only a short walk to the international restaurants, cafes, clubs and boutiques of central Surfers Paradise and the golden sands of one of the region's most famous beaches.

Contact Max Kenny on 0414 718 416 to arrange an inspection today.

Property History for 405/1-8 Paradise Island, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$370,000
08 Nov 2022
  • 08 Nov 2022
    Sold for $370,000
  • 24 Oct 2022
    Listed for Sale $375,000
  • 09 Nov 2021
    Sold for $290,000
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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 25,214 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 368 properties listed for sale, and 85 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1595 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.