SOLD
Sold on 11 Apr 2024 for $740,000

Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 94m2
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Property Details for 705/5 Peninsular Dr, Surfers Paradise

705/5 Peninsular Dr, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 94m2 and floor size of 77m2. 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
2019
Floor Size
77m2
Land Size
94m2
Local Government
Gold Coast City
Lot/Plan
705/SP301326

Last Listing description (October 2024)

Located just a short stroll away from Surfers Paradise beach, this three year old two bedroom light filled apartment attracts both owner occupiers and investors, or a mix of both as the perfect holiday home. QBCC Builder Warranty is in place until 2025.

The spacious open living dining area leads onto your private balcony, where you will want to spend endless hours with your friends and family enjoying the sunrise and the evening city lights. The modern kitchen comes complete with luxury fixtures including stone bench tops, Bosch appliances, gold trims and fittings etc.

The master bedroom offers spacious ensuite and walk in robe.

Second bedroom is also good sized, offering double wardrobe.

The apartment has a second full bathroom, a separate laundry and ample storage.

Apartment features:

- Open living and dining floorplan
- Floor to ceiling windows
- Modern kitchen with full luxury appliances, including stone bench tops, Bosch
appliances etc
- Master suite offers walk in wardrobe
- Second bedroom with double wardrobe
- A full second bathroom
- A separate laundry
- Air conditioning throughout
- Ample storage
- High ceiling
- Allocated secure parking PLUS visitors' and off street parking
- Pet friendly

Building features:

- Boutique complex of 51 apartments
- High-tech security and monitoring system
- The breathtaking rooftop residents' retreat offers 360 degree views, private dining
room, multiple tables & lounges where you can host private dinner parties
- Generous residents only media room
- BBQ
- Well-equipped gym overlooking the river and mountains
- Yoga lawn
- Spa looking all the way to Broadbeach

The nearly new building is perfectly located next to the Nerang River in a very quiet pocket of bustling Surfers Paradise. A short stroll to the glorious white sand patrolled beaches, fine dining, public transport including bus and light rail and Cavill Avenue etc.

If you are looking for a home with quality, security, convenience, the upmost lifestyle, then look no further. Call Ellen on 0422 212 896 today so you don't miss out!

Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

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.
* denotes approximate measurements.

Property History for 705/5 Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$740,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $740,000
  • 25 Mar 2024
    Listed for Sale Sold
  • 05 Jun 2018
    Sold for $539,000

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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 25,221 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 368 properties listed for sale, and 87 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1599 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.