9/37 Monaco St, Surfers Paradise is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.
Situated in the beautifully manicured "Monaco Apartments" just off the picturesque Nerang River is this well-designed 2nd-floor apartment.
"Monaco Apartments" sprawls over more than 3/4 of an acre of prime riverfront land featuring extensive resort-style facilities including a pool, BBQ pavilion, full-size tennis court and boardwalk.
Ideally located between Surfers Paradise and Broadbeach, this unit is just a 250m walk to the Light Rail Station and 800m from the beach, making car usage a rarity. Pacific Fair Shopping Centre, The Star Casino, and the bustling Broadbeach dining district are all within a 5-minute drive.
Features Include:
• 2 generously sized bedrooms, master with walk in robe and private ensuite
• Spacious open plan living and dining flooded with natural light through floor-to-ceiling glass doors
• Outdoor balcony with north-east facing aspect
• Modern kitchen with island bench, electric cooktop & abundance of storage
• Ideal as a primary residence/weekender or investment
• Secure basement car space for 1 vehicle plus storage
• Council Rates approximately $2,000 per annum
• Water Rates approximately $1,800 per annum
• Estimated Rental Potential of $750 - $850 per week
With surging rental demand, a growing population, and significant infrastructure developments unfolding across the Gold Coast, there has never been a more opportune time to invest in the highly coveted Surfers Paradise locale.
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 25,335 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:
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