OFF MARKET

5D/2 Riverview Parade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 546m2
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Last updated 14 Oct 2024
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Property Details for 5d/2 Riverview Pde, Surfers Paradise

5d/2 Riverview Pde, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 546m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last transferred in June 2023.

Building Type
Unit
Year Built
1975
Floor Size
94m2
Land Size
546m2
Local Government
Gold Coast City
Lot/Plan
23/BUP1922

Last Listing description (July 2023)

This fully renovated and centrally located property presents a perfect opportunity for an investor looking to take advantage of the great investment potential or an owner occupier seeking to fully experience Surfers Paradise. Featuring numerous building amenities including an outdoor and heated indoor pool, sauna, and tennis court, this beautiful unit offers a generous and spacious floorplan with stunning city skyline views.

Nestled in the 'Condor' building, centrally located on the river, the unit is perfectly positioned within a short walking distance to all shops, amenities, public transport, and entertainment. Whether you prefer to take a 2-minute walk to the relaxing Budds Beach, less than a 5-minute walk to patrolled surf beaches or take a stroll through Surfers Paradise - it has it all. Do not wait any longer as this beautiful property consisting of convenience, easy living and comfort will not last.

Property features:

- Spacious open plan kitchen with stone benchtops opening on to the balcony with an easterly aspect
- Generous size living and dining room with sliding doors to a separate juliette balcony
- Main bathroom with good sized shower and combined laundry
- Large master bedroom with built in wardrobe, private juliette balcony and spacious en-suite
- Good sized second bedroom with built in wardrobes
- Air-conditioning to living area
- Ceiling fans throughout
- 1 Designated car park

Building facilities include:
- 25m Outdoor pool and wading pool
- 25m Heated Indoor pool with sauna and spa
- Riverside tennis court
- BBQ + Entertaining area
- Well maintained outside area
- On site management with optional holiday letting
- Building positioned on a huge block with great potential for future redevelopment
- Car wash bay

The property is currently vacant, having recently been leased at $680, and based on comparable rentals it can be rented at $750+ a week.

Rates: Approx. $2,402 per annum
Water: Approx. $1,305 per annum
Body Corp: Approx. $116 per week (Including Sinking Fund)

This great opportunity is priced to sell and will not disappoint. Please contact Dominik Matkowski on 0469 321 465 or dominik.matkowski@raywhite.com for all enquiries.

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, inaccuracy, or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 5d/2 Riverview Pde, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Transferred
$610,000
02 Jun 2023
  • 22 Aug 2024
    Transferred for $107,620
  • 03 Jul 2023
    Listed for Sale Under Contract
  • 02 Jun 2023
    Sold for $610,000
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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 25,058 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 336 properties listed for sale, and 93 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1580 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.