SOLD
Sold on 29 Sep 2024 for $435,000

51/69-73 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 1131m2
Sold By
RE/MAX Revolution Shailer Park
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Property Details for 51/69-73 Ferny Ave, Surfers Paradise

51/69-73 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1131m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
1131m2
Local Government
Gold Coast City
Lot/Plan
50/BUP13626

Last Listing description (October 2024)

Seize your chance to gain a foothold in the lucrative Gold Coast property market with this stylish, modern one-bedroom apartment located in the beating heart of Surfers Paradise.

Perfect for investors, first-home buyers, and those seeking flexible living options, this trendy unit offers an unbeatable lifestyle surrounded by world-class amenities. With its prime location, vibrant coastal lifestyle, and short-term holiday letting options, this apartment is designed to offer maximum investment returns and lifestyle flexibility.

Light, bright, and airy, the apartment's open-plan layout features timber tones and modern updates to deliver practicality and a timeless appeal. Flowing seamlessly from the living area, the large balcony overlooks the tropical pool and entertainment zone below, providing the perfect spot to unwind after a day in the sun or entertain guests with ease.

The generous bedroom is accompanied by a bathroom with a modern vanity and shower, offering comfort and privacy.

INSIDE:
- 1 bedroom, top floor apartment with open plan living
- Light-filled open-plan kitchen and dining area that flows to the living room
- Updated kitchen
- Spacious bedroom with, ceiling fan and built-ins
- Separate laundry tucked away for convenience
- Security screens for added peace of mind.

OUTSIDE:
- Private balcony overlooking the pool and entertainment area
- Tropical resort facilities including a swimming pool, spa, BBQ area, and outdoor seating
- Secure undercover car space with room for bike storage

Just a short stroll from the golden sands of Surfers Paradise Beach, 51/69-73 Ferny Avenue places you in the heart of all that the Gold Coast has to offer. Immerse yourself in the iconic local lifestyle, with a selection of gourmet restaurants, bars, and designer shopping right at your doorstep. Whether you're dining out, enjoying nightlife, or exploring nearby entertainment precincts, everything is within easy reach. Plus, the nearby light rail and bus services make commuting across the Gold Coast a breeze.

LOCATION:
- 2 minute walk to bus stop Ferny Avenue and Palm Avenue
- 3 minute walk G-Link Light Rail
- 5 minute walk to Surfers Paradise Beach
- 7 minute walk to Cavill Avenue shopping and entertainment precinct
- 10 minute drive to Pacific Fair Shopping Centre
- 30 minute drive to Gold Coast Airport

Currently tenanted for $540 per week, fully furnished with low body corporate fees ($1,497.09 every 4 months).

With median unit prices in Surfers Paradise rising by 12.5% over the last 12 months, demand for prime properties in this vibrant coastal hub continues to surge. This apartment presents a rare opportunity to enter a high-growth market, offering both strong rental yields and capital appreciation. Whether you're looking to add to your investment portfolio, purchase your first home, or secure a holiday home that generates income, 51/69-73 Ferny Avenue is the ideal choice.

Get in touch with the Hunt Property team today to secure this prime piece of Gold Coast real estate and start living the Surfers Paradise lifestyle.

"RE/MAX Revolution Real Estate has diligently ensured that the information provided in this advertisement is accurate and reliable. However, we assume no liability for any errors, omissions, or discrepancies contained herein. Prospective buyers are encouraged to conduct their own independent investigations to verify the details."

Property History for 51/69-73 Ferny Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$435,000
29 Sep 2024
Listed for Rent
$540/w
24 Apr 2024
  • 29 Sep 2024
    Sold for $435,000
  • 25 Sep 2024
    Listed for Sale Offers Over $400,000
  • 15 Apr 2024
    Listed for Rent $540 / 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 25,217 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.
There are currently 354 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.

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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.