7/11 Old Burleigh RoadSurfers Paradise QLD 4217
Property Details for 7/11 Old Burleigh Rd, Surfers Paradise
7/11 Old Burleigh Rd, Surfers Paradise is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.
Last Listing description (July 2024)
This oversized two-bedroom apartment has the beachfront aspect and located on the second floor of 'Nepean Lodge' apartments. With a private outlook, ocean views and that sought after North/East corner position this is the diamond you have been waiting for. This property is set in a boutique block just metres from the beach with plenty of natural light and indoor/outdoor flow to a sunny balcony.
Its updated and renovated interiors are a perfect fit for its laidback beachside setting whilst also offering huge potential for a set and forget investment if required. A true 'lifestyle' position this is an ideal property for owner occupiers or investors alike. Whether you are looking for a beautiful, character-filled home or a blue-chip beachfront investment, you can't go wrong.
Property Highlights:
Large, combined laundry & double sized shower
Single lock up garage
Additional open allocated car space
North/East Facing
Size: 124sqm including garage
High Returns up to $750 per week
Low Body Corporate Approx $99 per week
Walking distance to Broadbeach & local bus stop at your doorstep
Light-filled living areas, timber flooring, private kitchen
Loads of storage and retro breakfast bar
Two well-proportioned bedrooms both with built in robe.
Great investment property offering strong rental yields and potential development.
Facilities Include: Inground pool, Landscaped gardens, Communal herb garden, BBQ area,
16 apartments
1,770 m² block size with potential redevelopment in the future
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 7/11 Old Burleigh Rd, Surfers Paradise, QLD 4217
- 11 Jul 2024Sold for $695,000
- 15 Apr 2024Listed for Sale $699,000+
- 30 Sep 2022Sold for $447,000
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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 25,312 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.55% increase in median value, while Units have seen a 85.52% increase. As at 31 July 2024:
- The median value for Houses in Surfers Paradise is $2,376,577 while the median value for Units is $727,822.
- Houses have a median rent of $850 while Units have a median rent of $650.
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