OFF MARKET

5/64 Paradise Island
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 243m2
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Property Details for 5/64 Paradise Island, Surfers Paradise

5/64 Paradise Island, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 243m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2000
Land Size
243m2
Local Government
Gold Coast City
Lot/Plan
5/SP132188

Last Listing description (June 2023)

Finding it hard to secure your first home? Or looking for an investment that you can instantly add value to? The search has ended as you’ll find it hard to beat 5/64 Paradise Island, Surfers Paradise.Offering a safe, secure and private surrounding, located in a boutique complex of 5 units set back from the street, is this 1 bedroom apartment ideal for the savvy investor or first home buyer wanting to enjoy the perks of Surfers Paradise living but tucked away from the partying crowds.This ticks all the boxes for someone who wants to be able to make this home their own with their creative flair or an investor or see’s all the key ingredients for a stable, long term investment. As you enter the apartment you are greeted with a practical and functional kitchen with plenty of cupboard space and bench top area for the household chef. The kitchen overlooks an open plan space allowing multiple layout options for the dining and living area that flows on to a leafy private balcony offering Surfers Paradise skyline views. The king sized bedroom gives you a feeling of space and comfort that connects to the bathroom offering an ‘ensuite’ style feel and also offering access to the balcony. With raked ceilings, functional space and unbeatable location - this home is ready to move in to or rent out but offers plenty of opportunity to add value for future resale or increased rental returns!Paradise Island offers a unique Surfers Paradise lifestyle that offers bars, clubs, restaurants, beaches, public transport and so much more within walking distance but once you cross that bridge in to the island you are in your own little paradise. Being in a small complex of 5, with low affordable body corporate and positioned at the rear of the building on the top level gives you a sense of seclusion and privacy which makes this feel more like a home than just a unit.Priced attractively this unit screams value and opportunity in a fast moving marketplace. Call today for inspection times or if you would like further information.Paradise Island Features:- 1 Bedroom, 1 Bathroom, 1 Car Space- 5 Apartments in Complex- Secured Property- City Skyline Views- Exclusive Staircase- High Raked Ceilings- Air-Conditioned- Communal Green Space- Low Body Corporate- Bathroom Ensuite- Recent Building Refurbishments- 800m from Cavill Avenue- 650m from Surfers BeachShould you have any questions or wish for a private inspection, please do not hesitate to contact the exclusive agents today!DisclaimerEvery effort has been made to ensure the accuracy of these particulars, but no warranty is given by LJ Hooker Surfers Paradise as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise.

Property History for 5/64 Paradise Island, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$330,000
24 Feb 2022
Listed for Rent
08 Apr 2022
  • 15 Mar 2023
    Listed for Sale Sold
  • 26 Apr 2022
    Listed for Sale Sold
  • 04 Apr 2022
    Listed for Rent $330 / week
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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 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:

  • The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
  • Houses have a median rent of $850 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 106 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1670 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.