SOLD
Sold on 21 Mar 2024 for $760,000

811/5-19 Palm Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
Land area: 111m2
Improve this data
Share
Save

Property Details for 811/5-19 Palm Ave, Surfers Paradise

811/5-19 Palm Ave, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 111m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
116m2
Land Size
111m2
Local Government
Gold Coast City
Lot/Plan
99/BUP106473

Last Listing description (July 2024)

This well presented North East facing apartment was hand-picked off the plan and is now available and yours to own. Its dual occupancy layout makes it ideal for an investment and is being sold completely styled AND furnished. The owner has done a fantastic job keeping this apartment in immaculate condition making it very easy to own. With a size of approx. 111sqm and on the 8th floor, this apartment offering ocean views and overlooking resort pool facilities is a great opportunity not to be missed.

The Crown Towers resort facilities rivals any other and all just metres to the beautiful Surfers Paradise beach, world class shopping and dining that this vibrant beachfront town has to offer. It is a popular, child friendly resort that caters to all. This apartment suits all buyers including investors, first home buyers or owner occupiers wishing to supplement their income. It is ideal for a retired couple to live with the comforts of being in a resort and the opportunity to let out the second bedroom/hotel suite.

It is fully furnished and fully equipped for immediate rental. Dual occupancy means two separate apartments on the one title. This dual occupancy includes one self-contained apartment and one studio apartment. Please see floor plan or please call so I can discuss further.

Features:
* North East facing on the 8th floor
* Ocean views from each room of the apartment
* Approx. 111sqm
* Being sold fully furnished and fully equipped.
* 2 bedrooms, 2 bathrooms and 1 private car space
* Dual occupancy where the second bedroom can be used as a separate hotel suite/studio and rented out on Airbnb
* Currently used as an investment and consistently booked out on Airbnb with all bookings exceeding the current outgoings
* Only 11 apartments on the North East side of the whole building with a dual occupancy

Crown Towers Facilities:
* Chiang Mai Thai restaurant
* Pool Kiosk
* Buffet Lab restaurant
* Bar
* BBQ area
* Games room
* Pool (Heated Indoor)
* Kids Pool (Heated Outdoor)
* Lagoon Pool
* Children's pirate ship and water slide
* Children's play area
* Spa (Indoor and Outdoor)
* Sauna
* Gym
* Day Spa (Calmer Therapies)

Location:
* Walking distance to the heart of Surfers Paradise
* Approx. 750m walking distance to Orchid Avenue
* Approx. 250m walking distance to the beach
* Short walk to bars, restaurants, cafes and the nightclub precinct
* Walking distance to the bus stop and light rail
* Light rail takes you to Southport, Surfers Paradise, Broadbeach connects you with places such as Australia Fair, Casino & The Star, Broadbeach, Pacific Fair

Body Corp Fees - $200 per week including 20% discount if paid on-time

Contact Bailey Hyland on 0412 637 674 for a private inspection!

Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Alberport PTY LTD trading as LJ Hooker Broadwater by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.

Show More

Property History for 811/5-19 Palm Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$760,000
21 Mar 2024
  • 21 Mar 2024
    Sold for $760,000
  • 30 Jan 2024
    Listed for Sale Under Contract
  • 09 Jun 2020
    Listed for Sale Offers Invited
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 25,059 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 337 properties listed for sale, and 93 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1573 properties were sold in the past 12 months in Surfers paradise.

Surfers Paradise Profile Page

Suburb Insights for Surfers Paradise 4217

Visit Surfers Paradise profile page
Market Insights
Surfers Paradise Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Surfers Paradise Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Surfers Paradise profile page
Contact agent
Bailey Hyland
Show contact details
Call agent
LJ Hooker Broadwater
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED