2702/24-26 Queensland Ave, Broadbeach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 2198m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Rental Yield over 6% - Weekly Rent of $560pw.
The Phoenician is all about location and lifestyle. It is literally the beating heart of Broadbeach and owning or investing in this location offers numerous advantages. A quick trip down the lift and you are on Surf Parade with an abundance of restaurants and cafes, shopping at the Oasis centre, a 200m walk to the beach, a short tram ride to Pacific Fair or walk across the highway to the Star Casino. The abundance of choice and lifestyle options this location presents is what makes the Phoenician such a sought after destination. These factors also ensure above average occupancy rates and therefore great rental returns.
This fully air-conditioned one bedroom apartment on the 7th level of the North Tower has been recently updated with a new bathroom and wooden flooring in the living area and kitchen. The views overlooking the pool and hinterland from the spacious balcony provides a relaxing escape after a busy day. The Phoenician facilities are nearly as outstanding as the location. A large resort style pool, fully equipped gymnasium, indoor heated pool with spa and sauna, BBQ areas, kids wading pool and a games room to boot!
This opportunity is perfect for the seasoned or first time investor. As mentioned, the Phoenician boasts high occupancy rates due to its sublime location next to the Convention Centre and other Broadbeach attractions. There is also a long term lease in place at $535pw until September 2023.
Property Features:
Fantastic location, close to beach, shops and cafes
Great investment returns and strong occupancy rates
Renovated bathroom
New wooden flooring in living & kitchen area
Large balcony off living and main bedroom with Hinterland Views
Open plan living
Long term lease in place at $560pw
Secure parking with 1 car space
Heated Indoor pool
Large resort style outdoor pool
Kids wading pool
Sauna and Gymnasium
Walk to all local amenities and beach
Close to transport (G-Link)
Complex on over 7,700sqm of beach side land
It would be a wise investment of your time to book an inspection now!!
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 9,545 properties. Over the last 5 years, Houses in Broadbeach have seen a 84.91% increase in median value, while Units have seen a 102.10% increase. As at 31 December 2025:
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