OFF MARKET

51/2877 Gold Coast Highway
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 41m2
Land area: 2462m2
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Property Details for 51/2877 Gold Coast Hwy, Surfers Paradise

51/2877 Gold Coast Hwy, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1981. The property has a land size of 2462m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1981
Floor Size
41m2
Land Size
2462m2
Local Government
Gold Coast City
Lot/Plan
51/BUP4225

Last Listing description (January 2024)

This one bedroom sunny, whitewashed apartment is a standout. It's an excellent investment or home. It has a northerly aspect with winter sun on the balcony filtered through the palm trees through the day. It has a lovely palm tree aspect over the lagoon pool.

Additional privacy is gained through its private balcony. The units sit on the top floor on the southeastern corner of the complex with no neighbouring units sharing a common wall.

The best news is for the long term this potentially offers superior returns on a Prime Future Development Block of 2462 square metres. The entire development has 61 units and some owners have secured up to 10 units as an investment.

The area is rapidly improving with many new recent owners and the newly completed Jewel development on the nearby beach and a new shopping centre being built next door.

The perfect addition to your property portfolio or to get out of paying dead rent money and into an affordable investment in your very own beach pad. Great for Airbnb too.

Features:-
easy walk-up
airconditioned
tiled throughout
Secure Parking
A rental of $350 per week is achievable
Open plan dining kitchen and living area
Double Glass sliders lead to the sun-drenched balcony
Short stroll to Broadbeach and cafe, beaches and light rail
Easy Access to all Major shopping centres and theme parks

Resort facilities include a BBQ area, Lagoon in-ground swimming pool amidst a tropical oasis, recreation room, table tennis, squash court, billiard table, tennis court.

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 51/2877 Gold Coast Hwy, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$232,000
07 Sep 2021
Listed for Rent
$360/w
08 May 2020
  • 07 Sep 2021
    Sold for $232,000
  • 30 Aug 2021
    Listed for Sale Contact Agent
  • 17 Aug 2020
    Sold for $170,000
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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 25,105 properties.

    There are currently 317 properties listed for sale, and 133 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1709 properties were sold in the past 12 months in Surfers paradise.

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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.