SOLD
Sold on 30 Apr 2024 for $1,600,000

7/69 Garfield Terrace
Surfers Paradise QLD 4217

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 148m2
Land area: 280m2
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Property Details for 7/69 Garfield Tce, Surfers Paradise

7/69 Garfield Tce, Surfers Paradise is a 5 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1966. The property has a land size of 280m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1966
Floor Size
148m2
Land Size
280m2
Local Government
Gold Coast City
Lot/Plan
7/BUP47

Last Listing description (September 2020)

Unit 7 & 8 /69 Garfield Terrace, Surfers Paradise
Monterey Penthouse Absolute Beachfront in Boutique Surfers Paradise Building Unit 7 & 8/69 Garfield Terrace, Surfers Paradise
Set privately on the whole top 4th floor of this Absolute Beachfront Boutique Building (Monterey). Apartments 7 & 8 ( on 2 lots ) have been beautifully combined and transformed into a stunning oceanfront Penthouse. This breathtakingly renovated 5-bedroom apartment with a Dual extra-large garages plus 2 Car Spaces is situated in arguably one of Gold Coasts most glamorous and desired locations.


Option 1:
Five Bedroom Penthouse As-is
Asking $2,650,000

Option 2:
Apartments 7 & 8 the top floor are on 2 separate titles, giving you the option to purchase either apartment 7 or 8, as a 3-bedroom apartment. Easily separated by the owner, the whole top floor would be divided back to 2 x 3 bedroom half floor units, both with absolutely stunning views over the coastline.
Boasting a centrally located kitchen with designer appliances, modern cabinetry, stone bench tops and more than ample storage and quality appliances. This apartment is the ideal holiday home or Live in abode. An expansive combined living/dining area flowing through to an entertainers large full-length balcony. With a seamless transition for indoor/outdoor living all overlooking the stunning ever changing views and activity across the sandy beach and expanses of ocean in all directions.

Completing the picture are 2 well-appointed sumptuous bathrooms on either side of the residence. The Master suite is double room size with White plantation shutters and soft lighting and ambience throughout.

This is a unique opportunity to purchase in this small boutique block of only 4 floors with apartments 7 & 8 being the top floor penthouse, very rarely found on the beachfront and in this prized location, 607 sqm of prime absolute beachfront land, with a huge opportunity of future development potential awaiting the new owner.

Dont miss this opportunity to buy a stunning absolute beachfront penthouse with your own 2 extra-large garages plus 2 extra car spaces.
Walk in minutes to the G:Link light rail and Cavill Ave only a short stroll away and shopping, restaurant and cafes nearby. The Location is prime real estate with opportunities like this are very scarce, secure this position before its too late.

( Due To the COVID 19 we wish to advise that the health and Safety of our Sellers is Paramount and Yours as our Buyer is important therefore ,We ask that you call us to discuss the arrangements we have in place - Call on 0417 765 550 for any further information )

Property History for 7/69 Garfield Tce, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,600,000
30 Apr 2024
Listed for Rent
$550/w
04 Oct 2006
  • 30 Apr 2024
    Sold for $1,600,000
  • 13 Apr 2021
    Sold for $1,200,000
  • 25 Mar 2020
    Listed for Sale Absolute Beachfront Penthouse Exceptional Buying
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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, 1605 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.