1/15-17 George Avenue, Broadbeach, QLD 4218 sold on 03 April 2025 | OnTheHouse
SOLD
Sold on 03 Apr 2025 - Price Unavailable

1/15-17 George Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/15-17 George Ave, Broadbeach

1/15-17 George Ave, Broadbeach 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 April 2025. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit

Last Listing description (April 2025)

Townhouse Opportunity - Broadbeach

This townhouse is situated just meters from the pristine beaches of Broadbeach, represents a golden opportunity for developers and investors alike. The property spans a substantial 2034sqm site and is part of a small complex with only 14 apartments, indicating significant potential for future redevelopment.

Key Highlights:

Redevelopment Potential: With a generous land parcel of 2034sqm in one of the Gold Coast's most prestigious locations, this townhouse offers an exceptional opportunity for developers to create a mixed-use, high-density project or luxury residences. Its proximity to Broadbeach's vibrant shopping, dining, and entertainment precinct further enhances its market appeal.

High-Demand Area:
Broadbeach is renowned for its prime beachfront position and world-class amenities. The demand for residential and commercial developments in this area remains consistently high, fueled by the popularity of the region among both tourists and residents. This site is well-positioned for transformation into a modern, luxury development with strong rental yields and significant capital gains in the future.

Investment Opportunity:
The property is currently tenanted until May 2025, generating a stable income of $570 per week. This ensures an immediate return on investment while waiting for future redevelopment.

Future-Proof Location:
With ongoing growth in both tourism and residential populations, properties in Broadbeach continue to appreciate in value. Securing a property in such a coveted location, with clear potential for future redevelopment, is a rare and appealing opportunity.

Whether you aim to enhance the existing structure, capitalize on the redevelopment potential, or simply retain a long-term investment in one of the Gold Coast's most vibrant areas, this townhouse provides unparalleled potential for future profits.

Property Information

• Currently tenanted until 09/05/25 - returning $570 per week
• Body corporate fees are approximately $61.00 per week
• Land size 2,064sqm
• Only 14 units on the site

Property History for 1/15-17 George Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
03 Apr 2025
Listed for Rent
$440/w
29 Sep 2021
  • 15 May 2025
    Listed for Rent $700 / week
  • 13 Mar 2025
    Sold for $900,000
  • 03 Sep 2024
    Listed for Sale Contact Agent
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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2016 was 5514 people. By 2021 the population was 6786 showing a population growth of 23.1% in the area during that time. The predominant age group in Broadbeach is 30-39 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation.In 2021, 46.80% of the homes in Broadbeach were owner-occupied compared with 40.60% in 2016.

Broadbeach has 9,596 properties. Over the last 5 years, Houses in Broadbeach have seen a 74.47% increase in median value, while Units have seen a 104.91% increase. As at 30 November 2025:

  • The median value for Houses in Broadbeach is $1,709,838 while the median value for Units is $1,191,206.
  • Houses have a median rent of $780 while Units have a median rent of $850.
There are currently 71 properties listed for sale, and 17 properties listed for rent in Broadbeach on OnTheHouse. According to Cotality's data, 490 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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Ben Gannon
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Ray White Mermaid Waters
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.