10/26 The Esplanade, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 778m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
The motivated seller has instructed for the immediate sale of this highly sought-after and rarely available residence within the "Grosvenor", a popular boutique building situated on the Beachfront of Surfers Paradise.
This spacious 2nd floor, light and bright apartment features; one-bedroom (extra-large) with built-in robes on both sides, one bathroom with a separate toilet, a generous kitchen, a good-sized living area flowing out onto a decent balcony with ocean views and both living and bedroom have split cycle air conditioning. The unit itself is directly opposite the Beach and the relatively small building sitting on 2662m2 making it an ideal target for future redevelopment and capital growth.
The apartment comes fully furnished along with a fabulous tenant in place until the End of February 2023 paying $450 a week, 1 car space plus storage and is a must-see property for any investor.
The well-maintained building is situated in the Heart of Surfers Paradise only 150m from Cavill Avenue opposite the Beach and features secure underground parking, a pool, multiple lifts, an outdoor entertaining area with BBQ, tennis court and onsite reception and managers.
Spacious fully furnished, air-conditioned one Bed, one Bath, one car plus storage with Ocean views Apartment
Redevelopment Potential in heart of Surfers opposite the Beach
Great tenant paying $450 a week
Body Corp only $101 a week
Position, Potential and Size, perfect for the investor or end-user.
Inspection of an Absolute Must
DISCLAIMER: LCPP have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries and due diligence to verify the information contained herein.
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 25,449 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:
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