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Sold on 07 Dec 2024 - Price Unavailable

805/40 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 805/40 The Esplanade, Surfers Paradise

805/40 The Esplanade, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

On offer is a perfectly located apartment on the 8th floor of the highly sought after beachfront building 'The Sands'. Upon entering, you will be greeted with an open living and dining area which adjoins the kitchen and large balcony with views that will take your breath away. Only footsteps from the beach, this is a fantastic opportunity not only to purchase a perfectly located apartment, but a beachfront lifestyle. Located on the 8th floor, this apartment is designed to take full advantage of the ocean views available. Offering two spacious bedrooms, a bathroom and secure car space. Enjoy the views from the comfort of your living room, dining room and master bedroom. Showcasing large open plan living and dining areas plus kitchen all flowing out onto the sundrenched north-east facing entertainer's balcony overlooking the beachfront with stunning views.

This spacious apartment is an opportunity not to be missed with enormous re-developmnent and renovation potential, long-term investment with future development upside. Situated on the beach and just a stroll to local restaurants, cafés, light rail stop and only moments to Broadbeach and Main Beach. Enjoy the outdoor pool overlooking the beachfront. Inspect today as this property will not last. Owners will look at all offers in writing and is perfect for owner occupiers or investors.

• Motivated owners are ready to sell are are open to all written offers

• Huge Re-Development potential being situated on a massive 4001m2 beachfront site
• Open plan living and dining areas flowing to outdoor entertaining balcony
• Blue chip apartment in prime beachfront location - Fully furnished with low body corporate
• Currently tenanted for $650/week with potential to increase through renovations
• 2 bedroom, 1 bathroom and 1 underground secure car space
• Enjoy the beachside lifestyle and entertaining precincts
• Golden opportunity for owner occupiers, investors or holiday lock up and enjoy!

Property History for 805/40 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
07 Dec 2024
  • 07 Dec 2024
    Sold for $610,000
  • 07 Nov 2024
    Listed for Sale $655,000
  • 11 Nov 1987
    Sold for $120,000

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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 25,362 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 57.93% increase in median value, while Units have seen a 99.12% increase. As at 30 November 2024:

  • The median value for Houses in Surfers Paradise is $2,098,210 while the median value for Units is $768,609.
  • Houses have a median rent of $745 while Units have a median rent of $675.
There are currently 364 properties listed for sale, and 84 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1625 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Jackson Paradise
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Tyler Wright
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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.