507/18 Cypress AvenueSurfers Paradise QLD 4217
Property Details for 507/18 Cypress Ave, Surfers Paradise
507/18 Cypress Ave, Surfers Paradise is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.
Last Listing description (October 2024)
Absolutely perfect for young professionals and savvy investors! This spacious and stylish 1 bed plus study apartment is situated within the heart of Surfers Paradise and boasts outstanding resort facilities.
Offering a tropical and private sunset outlook set in a quiet pocket of Budds Beach, within walking distance to Surfers Paradise Beach as well as Bumbles café and dining village cafes, food stores and boutique shops.
This apartment offers light-filled interiors, including an oversized open-plan living/dining room, a galley-style kitchen, and rarely available separate laundry.
Property Highlights:
1 Bedroom + Study (currently used as a second bedroom)
1 Bathroom + Separate laundry
1 Underground Secure Car space (on Title)
Size: 89sqm
Generous built-in wardrobes
Ceiling fans and air-conditioning
Quality appliances and ample storage
5th Floor
Currently leased to a long term tenants
Low Body Corporate $115 per week
Council Rates $49 per week
Water Rates $28 per week
Rented with long term tenant in place
Excellent facilities and professional onsite managers
Don't miss out on this rare opportunity to secure your own slice of paradise.
Contact us today to receive a link to the video walkthrough and detailed information pack, or to arrange an inspection with us.
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.
Property History for 507/18 Cypress Ave, Surfers Paradise, QLD 4217
- 02 Oct 2024Sold for $540,000
- 25 Jan 2024Listed for Sale $550,000+
- 04 Aug 2020Sold for $310,000
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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 25,217 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.
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