SOLD
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Sold on 02 Oct 2024 for $1,475,000

5708/88 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5708/88 The Esplanade, Surfers Paradise

5708/88 The Esplanade, Surfers Paradise is a 2 bedroom, 2 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.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
5708/SP305976

Last Listing description (October 2024)

Experience the epitome of luxury living at Ocean, a stunning 76-level Esplanade front residence that redefines elegance in Surfers Paradise. Rising majestically against the Gold Coast skyline, this iconic landmark promises a new standard of modern living where convenience, lifestyle, and luxury seamlessly converge.

Positioned on the 57th floor, accessible via exclusive high-speed lifts, this expansive Sky-home boasts 2 large bedrooms and 2 bathrooms, each offering sweeping panoramic views that stretch endlessly across the horizon. The living room features floor-to-ceiling windows framing uninterrupted vistas of the Pacific Ocean, creating a mesmerizing backdrop of ever-changing colours.

This residence isn't merely a home; it's a masterpiece of contemporary design. Sunlit by its South East facing orientation and enhanced by lofty ceilings, every corner of this space exudes a sense of sophistication and openness. The open-plan layout effortlessly connects the spacious living and dining areas to a sleek, modern kitchen complete with high-end SMEG stainless-steel appliances and gas cooking facilities, ensuring both practicality and style. Whether you're seeking a permanent residence, a coastal holiday retreat, or a lucrative investment opportunity, Ocean offers unrivalled versatility and potential.

Features:
- Rare "08" floor plan located on the prestigious 57th floor
- Post card views - most in-demand south east corner
- Spacious 2 bedrooms and 2 bathrooms
- Sun-drenched balcony with prized South East aspect
- Includes 1 car space in the basement
- Light-filled living, dining, and kitchen areas
- Panoramic Pacific Ocean views from every room
- Generously high ceilings and premium fixtures throughout
- Premium SMEG stainless-steel appliances:
- Concealed undermount rangehood
- Gas cooktop, oven, microwave with sleek black glass
- Fully integrated dishwasher
- Oversized European tiles adorn kitchen and living areas
- Split system reverse cycle air conditioning in all rooms
- Gas cooking, soft-closing bespoke cabinetry with elegant Caesarstone countertops
- Comprehensive security features: video intercom, CCTV surveillance
- Internal laundry with dryer and cabinetry
- Resort-style amenities: gymnasium, sauna, swimming pool, landscaped lounging areas, indoor sky pool
- Private residents-only pool, spa, gym, sauna on level 33
- Access to outdoor sundeck and BBQ pool area on level 5
- Convenient on-site restaurants and bars, including daily happy hour
- Currently tenanted $1,100 per week, ends on 20/11/2024
- Exclusive Owners Lounge, On-site Management

Perfectly situated just a leisurely stroll from Surfers Paradise CBD, where a myriad of shops, dining venues, cafes, and entertainment options await. Close proximity to the light rail, Convention Centre, Star Casino, Pacific Fair Shopping Centre, Marine Mirage, surf clubs, and more, ensures that Ocean offers the ultimate in both convenience and lifestyle appeal for astute buyers and investors alike.

For further information please contact the exclusive marketing agents:

Rob Rollington
0400 780 339

Mod Somsriruen
0478 788 378

Surfers Paradise First National

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Property History for 5708/88 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,475,000
02 Oct 2024
  • 07 Sep 2024
    Sold for $1,475,000
  • 01 Aug 2024
    Listed for Sale Sold
  • 22 Jun 2020
    Sold for $1,111,000

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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 25,210 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 344 properties listed for sale, and 98 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1579 properties were sold in the past 12 months in Surfers paradise.

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Rob Rollington
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Mod Somsriruen
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First National Real Estate Surfers Paradise
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