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Sold on 23 Sep 2024 - Price Unavailable

502/8 Trickett Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Now Mooloolaba
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Property Details for 502/8 Trickett St, Surfers Paradise

502/8 Trickett St, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Local Government
Gold Coast City

Last Listing description (September 2024)

Right across the road from iconic Surfers Paradise Beach is this dual key 2 bedroom 2 bathroom apartment, nicely elevated on the 5th Floor. Two blocks from Cavill Ave makes the location simply spectacular! Being dual key means it can be one 2 bedroom apartment or 2 lockable apartments. On one side is a comfortable light filled air conditioned one bedroom apartment with combined kitchen/ dining / lounge. It has a good sized bathroom with oversized shower & laundry included. Plus underground secure carpark. The second side is an airconditioned sunny self contained studio so perfect as a private space for an additional family member. Or as a rentable apartment either short or long term as it has not only it's own bathroom but also kitchen sink and food preparation facilities and washing machine. Way to pay the mortgage while you soak up the year round sun!

If you're looking for an investment in red hot Queensland, this is low outlay for immediate great return with enormous potential to increase value. Dual keys have much higher returns than buying one property at this price with just 1 rental income. Pay just one Body Corp levy, one Council rates & Water Bill but get two incomes. Positively geared frfom Day 1. And although the entrance is in Trickett Street, just 50 metres from the sand, the property also has a complete oceanfront boundary, making it an attractive redevelopment site going forward.

Aloha Resort is a boutique building with just 61 Lots. It has a front office, Swimming Pool, Spa, Toddler's Pool, Large Sun deck, Sauna, Games Room & Half Tennis Court. It is steps from the light rail and all the excitment & energy of the Cavill Strip, shopping and waterfront restuarants. Opportunies like these are few & far between in this fast moving market.

Property History for 502/8 Trickett St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
23 Sep 2024
  • 23 Sep 2024
    Sold
  • 17 Jun 2024
    Listed for Sale Not Disclosed

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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 357 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.