8/8 Weemala St, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 370m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Set in a small boutique building of 9 apartments on a 1012m2 land holding, this large north-facing two bedroom property offers the perfect location and lifestyle for those wanting to enter the property market or the savvy investor looking to add to their portfolio.
Situated on the top floor of a three-story walk up, with a private and peaceful outlook from your sun lit balcony, providing the perfect setting to unwind and capture the calming sea breezes taking in the beautiful skyline views.
A short walk to the beach, shops and cafes, the opportunity is there to put your own personal touches or sit tight with your tenant in place, land bank and watch your investment grow.
Also connected to HOTA (Home of the Arts) precinct only a stroll over the bridge, which also hosts the fabulous Sunday markets where the locals buy their weekly groceries, enjoy a leisurely breakfast whilst listening to live music. HOTA boasts world class performances, an arthouse cinema and it's own swimming lake enjoyed by the locals.
Property Features:
Small boutique building of only 9 apartments
Large open plan kitchen, living and dining
Spacious and light-filled throughout
Generous bedrooms with built in robes
Large north-facing balcony with skyline views
Secure automatic lock up garage with plenty of storage space
Large shared in-ground swimming pool
Prime 1012m2 double block prime for future development
Low maintenance secure building, intercom to entry
Walk to public transport, light rail station, patrolled world class Surfers Paradise beaches & Surfers Paradise CBD, HOTA precinct
Property Specifics:
Body Corporate: $65* per week
Council Rates: $1,123.59* half yearly
Water Rates: $407.71* per quarter
Rental Appraisal: $550-600* per week
*Approx
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.
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 25,231 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:
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