SOLD
RECENT ADVICE
Sold on 13 Sep 2024 for $1,550,000

45/20 Old Burleigh Road
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 159m2
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Property Details for 45/20 Old Burleigh Rd, Surfers Paradise

45/20 Old Burleigh Rd, Surfers Paradise is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Floor Size
159m2
Local Government
Gold Coast City
Lot/Plan
45/BUP3820

Last Listing description (September 2024)

SOLD BY TOLEMY STEVENS
This property was sold by The Tolemy Stevens Team

Method of Sale: Private Treaty

Marketing Campaign: Social, Press and Digital Campaign

Inspections: 39

Enquiries: 46

Days on Market: 36

The Penthouses is a popular absolute beachfront building on the border of Surfers Paradise / Broadbeach with only 55 exclusive residences, which are all 3 bedrooms.

Occupying half of the 17th floor, this large fully renovated 159m2, 3 bedrooms + study, 2 bathrooms residence represents outstanding value and is the ideal permanent residence, private holiday home or performing investment in the on-site letting pool, either way the choice is yours with no restrictions.

Boasting spectacular ocean views never to be built out and sundrenched balconies perfect for watching the waves roll in or the whales in the distance. This floor plan showcases a desirable front to back layout, meaning you face the ocean to the East, but also West to the Hinterland, allowing for amazing cross flow ventilation as well as spectacular skyline, Hinterland and sunset views of an evening, the best of both worlds. Watch sunrise to sunset on your balconies from a beachfront position, very rare feature.

Motivated interstate sellers have instructed for all offers to be submitted as this stunning residence will be sold. Regrettably now surplus to their needs presenting a rare, yet amazing opportunity for one lucky discerning buyer. Vacant possession, don't miss out.

Features:
• Absolute beachfront position - Direct access to the beach
• Spacious 159m2, 3 bedrooms + study, 2 bathrooms
• 17th floor, fully renovated, sold furnished
• The ultimate private residence or luxurious holiday home
• Only 2 residences per floor
• Air-conditioning through-out
• Un-interrupted ocean views up and down the coastline
• Stunning skyline, river and hinterland views
• Boutique block of only 55 apartments
• 1 car space and small storage cage on title
• Set on a massive 3,817sqm of land
• Located on the sand between Surfers Paradise and Broadbeach
• Projected rental return $1,300-$1,400 pw (permanent rental)
• Significantly more for Holiday "short term" letting

Facilities include:
• Children's pool
• Outdoor swimming pool
• Full size tennis court
• Direct access to the beach
• Secure undercover parking
• Heated spa
• BBQ area
• Kids Games Room

Situated on the popular beachfront stretch along Old Burleigh Road which is on the border of Surfers Paradise / Broadbeach and only a gentle stroll to the CBD where you will find hundreds of shops, restaurants, cafes, and entertainment. Also close to the light rail, Convention Centre, Star Casino, Pacific Fair Shopping Centre, Marine Mirage, multiple surf clubs and more. This is the ultimate location for the astute buyer. This is your chance to either downsize to a secure 'lock and leave' luxury lifestyle, or to make a wise investment in your future

Whether you are looking for pristine beaches, exclusive restaurants, high-end shopping, sporting, and boating facilities or art and cultural attractions, you're spoilt for choice. The Gold Coast plays host to countless activities, world heritage rainforests, lively festivals, gourmet markets, eclectic dining experiences and indulgent day spas, all within an easy stroll or a brief drive of The Penthouses.

The premium half floor residences are tightly held for a reason, they boast the ultimate beachfront view, plus the hinterland, river and skyline aspects with sun-drenched balconies in the mornings and afternoons.

Exclusively Listed by Tolemy Stevens of Coastal - Luxury Beachfront Specialist.
www.tolemystevens.com.au

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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 45/20 Old Burleigh Rd, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,550,000
13 Sep 2024
  • 13 Sep 2024
    Sold for $1,550,000
  • 08 Jul 2024
    Listed for Sale Absolute Beachfront 3 bedroom - Must be Sold
  • 09 Jul 2020
    Sold for $900,000
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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 25,335 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.
There are currently 349 properties listed for sale, and 115 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1628 properties were sold in the past 12 months in Surfers paradise.

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Tolemy Stevens
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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.