8 Kalyan StreetSurfers Paradise QLD 4217
Property Details for 8 Kalyan St, Surfers Paradise
8 Kalyan St, Surfers Paradise is a 6 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 6 bedroom BlockOfUnits sold in Surfers Paradise in the last 12 months.
Last Listing description (January 2024)
This is a sensational opportunity to secure a block of four units on Chevron Island situated on a 506m2 block to either retain as a passive investment, redevelop or renovate. Location wise the property is a short walk to the Surfers Paradise CBD, surf beach, HOTA entertainment precinct or the Chevron Island shops/restaurants.
• Invest for income, redevelop or renovate
• Solid double brick construction
• Annual gross rental income is $79,460.00
• Walk to HOTA, shops and beach
• A fantastic real estate opportunity
• Be sure to inspect - will be sold!
Yearly council rates notices totaled $5,384.91 (period 1 Jan 2023 to 31 Dec 2023)
Yearly water rates notices totaled $2,904.42 (period 18 Aug 2022 to 17 Aug 2023)
Note the following:
• I have walkthrough videos on request for units 1, 2, 3 & 4
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers 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.
Property History for 8 Kalyan St, Surfers Paradise, QLD 4217
- 28 Jan 2024Sold for $1,670,000
- 28 Dec 2023Listed for Sale Auction
- 01 May 1997Transferred for $279,000
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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 25,216 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.
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