1/41 Watson EsplanadeSurfers Paradise QLD 4217
Property Details for 1/41 Watson Esp, Surfers Paradise
1/41 Watson Esp, Surfers Paradise is a 2 bedroom, 2 bathroom Unit and was built in 1970. The property has a land size of 62m2 and floor size of 51m2.
Last Listing description (March 2022)
With gross rental yields approaching 8% and net yields around 5% this positive cashflow investment also has future re-development potential. A two bedroom unit that has been converted into two studio apartments maximises your rental return and the property is currently bringing in $505pw in total.
There are 10 units in the complex which is on over 800sqm of land on a corner block. A short stroll and you are in the heart of Surfers Paradise so the location is outstanding as you also have easy access to main river a mere 100m to the west. This area will be developed and you can cash in on it with this wise investment.
The owners want this unit sold so contact the agent now for further information.
Property History for 1/41 Watson Esp, Surfers Paradise, QLD 4217
- 14 Sep 2021Listed for Sale Price Guide $345,000
- 30 Nov 2017Listed for Sale $335,000
Recent sales nearby
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0About Surfers Paradise 4217
The size of Surfers Paradise is approximately 6.3 square kilometres. There are 20 parks, covering nearly 7.3% of the 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 25,430 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 40.85% increase in median value, while Units have seen a 92.56% increase. As at 30 June 2026:
- The median value for Houses in Surfers Paradise is $2,565,125 while the median value for Units is $875,345.
- Houses have a median rent of $1,398 while Units have a median rent of $760.
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