423/1-8 Paradise IslandSurfers Paradise QLD 4217
Property Details for 423/1-8 Paradise Island, Surfers Paradise
423/1-8 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 2767m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.
Last Listing description (December 2023)
An Iconic Waterfront Location Offering Unparalleled Resort-Style Living
Welcome to 423/1-8 Paradise Island, Surfers Paradise. Promising a relaxed lifestyle with a full suite of resort-style amenities, this modern apartment provides an unparalleled experience of convenience with a wide array of public transport, shopping, dining, nightlife and beaches within direct walking distance.
Thoughtfully designed to maximise the space, the modern top-floor apartment enjoys an abundance of natural light and a flexible floorplan providing privacy and maximising living area. The apartment has also been refurbished to include a range of creature comforts and enjoys split-system air-conditioning, vinyl timber flooring and a modern kitchen. There is nothing left to do but move in or take advantage of the high rental demand and blue-chip location.
Quietly positioned on the top floor of the immaculate Paradise Island Resort, you will seldom find a more idyllic location. The complex provides a luxury experience, featuring a stunning lagoon-style swimming pool overlooking the river, a spa, full sized tennis court, gym, sauna and BBQ facilities. The idyllic lifestyle is complimented by a team of onsite management that ensure a serene ambience year-round. Take a short walk from your doorstep and enjoy the sites, sand and skyline as you explore an endless array of award-winning dining, nightlife, shopping and world-famous beaches just 600 from your apartment!
PROPERTY SPECIFICATIONS:
- Top floor apartment in the idyllic Paradise Island Resort
- Modern kitchen with stainless-steel appliances
- Generously sized bedroom with built-in wardrobe and two way ensuite/laundry
- Open plan living and dining with split-system air-conditioning
- Full length sun-lit balcony
- Views overlooking the beautiful hinterland
- Secure basement car park
- Large lagoon-style swimming pool with spa
- Gym & sauna overlooking the river
- Full sized tennis court and BBQ facilities
- Communal boardwalk and pontoon with boating access to the Nerang River
- Short walk to the world-famous Surfers Paradise beach
- Complex Size: 1.02 Ha approx.
- Rental Appraisal: $450 - $500 per week
- Rental Return: $410 per week
- Lease Expires: 21/09/2023
- Body Corporate: $99.32 per week approx.
- Sinking Fund: $772,967.27 approx.
- Council Rates: $1950 per annum approx.
- Year Built: 1994 approx.
One of Australias most recognisable suburbs, Surfers Paradise boasts world renowned beaches, five-star dining, entertainment venues and an endless list of up market shopping destinations. There is always something to do and this apartment will have you just a short, flat walk to public transport, shops, cafes, nightlife and beaches. An outstanding location, an affordable price and an enviable lifestyle this is an opportunity not to be missed.
We look forward to welcoming you home to Paradise Island soon!
Advertising Disclaimer: In preparing this property for sale we have used our absolute 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 423/1-8 Paradise Island, Surfers Paradise, QLD 4217
- 26 Jul 2024Sold for $475,000
- 25 Feb 2023Sold for $390,000
- 22 Feb 2023Listed for Sale Sold By The Sam Westaway Team
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0About 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 25,339 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:
- The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
- Houses have a median rent of $760 while Units have a median rent of $650.
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