SOLD
Sold on 20 Apr 2024 for $640,000

701/18 Cypress Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 708m2
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Property Details for 701/18 Cypress Ave, Surfers Paradise

701/18 Cypress Ave, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 708m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
73m2
Land Size
708m2
Local Government
Gold Coast City
Lot/Plan
701/SP172325

Last Listing description (April 2024)

FANTASTIC INVESTMENT CURRENTLY RENTED AT $700 PER WEEK nestled in Budds Beach, a hidden enclave inside Surfers Paradise, Solaire stands as a testament to coastal living. This partly renovated property offers a remarkable blend of modern comfort, convenience, and great views.

As you approach Solaire, the striking architectural design immediately captures your attention. Upon entering the apartment, you are welcomed by an elegantly designed separate study enclosed by mirrored sliding panels versatile in its feature as a second bedroom or additional living/study space.

Its open-concept living and dining areas offer generous space for relaxation and entertainment, while the expansive windows reveal skyline views and the tranquil Nerang River outlook. The soothing sounds of the river, complemented by the gentle hues of sunrise, provide a serene backdrop to your daily life.

The kitchen intricately positioned, featuring new appliances, spacious cabinetry, and sleek stone countertops. It seamlessly connects to the living areas, making it perfect for hosting gatherings while enjoying the views.

Solaire have exclusive access to a range of amenities, including a pristine swimming pool, sauna, fully equipped gym, and secure parking. With on-site management ensuring a hassle-free living experience, you can focus on enjoying the property to the fullest.

- Gorgeous 2 bedroom, 1 bathroom or (1 + study)
- North facing balcony with sunset views
- Gas stove top, electric oven & dishwasher
- Hide away laundry
- Open plan living & dining area
- Air-conditioning units throughout
- 1x secured basement car space

Please contact the exclusive marketing agents.

Rob Rollington 0400 780 339

Mod Somsriruen 0478 788 378

First National Surfers Paradise.

Property History for 701/18 Cypress Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$640,000
20 Apr 2024
Listed for Rent
$385/w
06 Jul 2016
  • 20 Apr 2024
    Sold for $640,000
  • 02 Nov 2023
    Listed for Sale Price Guide $600,000 - $650,000
  • 13 Jul 2021
    Sold for $355,000
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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 25,232 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 372 properties listed for sale, and 91 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 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.