OFF MARKET

8/59 Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 1m2
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Last updated 9 Sep 2024
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Property Details for 8/59 Peninsular Dr, Surfers Paradise

8/59 Peninsular Dr, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 1m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1967
Floor Size
74m2
Land Size
1m2
Local Government
Gold Coast City
Lot/Plan
8/BUP370

Last Listing description (November 2022)

This neat and tidy private apartment is located just a short stroll into Surfers Paradise. Positioned on the top floor in a small block of units this spacious 2 bedroom apartment is the ideal beachside investment.

2 Bedrooms 1 Bathroom 1 Single lock-up Garage

1 Balcony east facing
Large kitchen and open plan living and dining areas
Large master bathroom
Neat & tidy presentation
Endless possibilities to renovate or update for increased returns and gains
Tiled throughout in living and dining areas
Carpeted in both bedrooms
Low body corporate
Shops, Restaurants and Public transport located at the end of the street.
This is the perfect first home or set and forget investment.
Call or email us to receive your information facts pack and to arrange an inspection.

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. This property is being sold by auction or 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.

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Property History for 8/59 Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$335,000
25 Oct 2022
Listed for Rent
$390/w
22 Oct 2021
  • 25 Oct 2022
    Sold for $335,000
  • 21 Sep 2022
    Listed for Sale $330,000
  • 08 Oct 2021
    Listed for Rent $390 / week
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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 25,339 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 67.73% increase in median value, while Units have seen a 95.43% increase. As at 31 August 2024:

  • The median value for Houses in Surfers Paradise is $2,327,166 while the median value for Units is $758,108.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 342 properties listed for sale, and 109 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1641 properties were sold in the past 12 months in Surfers paradise.

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