708 & 709/140-144 Ferny Ave, Surfers Paradise, QLD 4217 | Unit for sale | OnTheHouse
 
FOR SALE
$649,000

708 & 709/140-144 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Rare 7th Floor Dual Key Unit – Budds Beach Investment Opportunity

Nestled in the heart of Surfers Paradise, this dual key apartment on the 7th floor of the Sovereign building offers a truly unique opportunity.
Situated at Budds Beach next door to the Marriott Hotel, this property boasts two separate self-contained spaces – ideal for maximizing rental returns. With a light-filled aspect and elevated position, both units benefit from natural breezes and a peaceful outlook, all while being just a short stroll from the beach, shops, cafes, and the vibrant Gold Coast lifestyle. This is the ultimate low-maintenance property in a high-demand location, perfect for short-term holiday letting.
Sovereign on the Gold Coast is a boutique holiday block with excellent onsite managers, it is a perfect holiday home or a resort style investment property. Building features include pools, sauna, spa and gym. Perfect to enjoy the Gold Coast lifestyle with Budds Beach only meters away and a short walk to Surfers Paradise and Main Beach, this spacious well-presented 7th floor dual key apartment is guaranteed to impress. Don't delay, this one won't last long at this price!
• Dual key configuration: 1 bedroom unit plus a separate studio apartment
• Located on Level 7 – quiet, private and elevated
• Open-plan living areas with balconies
• Secure building with lift access
• Resort-style amenities: pool, spa, gym, restaurant, and more
• Separate entrances and both self-contained
• Perfect investment property with solid returns
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Property Details for 708 & 709/140-144 Ferny Ave, Surfers Paradise

708 & 709/140-144 Ferny Ave, Surfers Paradise is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with First National Real Estate Surfers Paradise.

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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 2016 was 23689 people. By 2021 the population was 26412 showing a population growth of 11.5% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation.In 2021, 45.00% of the homes in Surfers Paradise were owner-occupied compared with 39.90% in 2016.

Surfers Paradise has 25,340 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 58.08% increase in median value, while Units have seen a 96.83% increase. As at 30 November 2025:

  • The median value for Houses in Surfers Paradise is $2,454,031 while the median value for Units is $827,703.
  • Houses have a median rent of $775 while Units have a median rent of $715.
There are currently 301 properties listed for sale, and 104 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1609 properties were sold in the past 12 months in Surfers paradise.

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Bob Rollington
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Sam Margi
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First National Real Estate Surfers Paradise
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