11/40-46 Burra Street, Surfers Paradise, QLD 4217 sold on 11 November 2025 | OnTheHouse
SOLD
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Sold on 11 Nov 2025 for $580,000

11/40-46 Burra Street
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 73m2
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Property Details for 11/40-46 Burra St, Surfers Paradise

11/40-46 Burra St, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 73m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
43m2
Land Size
73m2

Last Listing description (November 2025)

If you have been looking for a solution to an affordable airbnb with strong returns, or the perfect first step into the Gold Coast market, this property could be a perfect match!

Discover the charm of Chevron Island with this affordable apartment that offers the perfect blend of comfort and convenience. Located on Burra Street, this one-bedroom, one-bathroom unit is an ideal choice for first-time buyers or investors looking to secure a spot in this vibrant community. Enjoy the lifestyle benefits of a north-facing aspect, along with outdoor entertaining and an in-ground pool, perfect for the best of a coastal lifestyle.

Chevron Island is renowned for its lively atmosphere and close-knit community. You'll find a variety of cafes, boutiques, and entertainment options just a short stroll away, making it a sought-after locale for those who enjoy an active lifestyle. With easy access to nearby Surfers Paradise and the Gold Coast's pristine beaches, you'll never be short of leisure activities.

This unit is also equipped with essential modern comforts such as air conditioning and ceiling fans, ensuring a pleasant living environment year-round. Don't miss this opportunity to secure a piece of Chevron Island, act quickly to make this your new home or investment property!

PROPERTY HIGHLIGHTS:
- Open living and full kitchen
- Large patio with plenty of space for outdoor entertaining/relaxation
- Updated tile flooring throughout the whole property and wall tiles in bathroom
- Bedroom with built in robe and sliding-door access to patio
- Combined bathroom and laundry for added convenience
- Secure allocated car space in basement
- Air Conditioning in living and bedroom as well as updated ceiling fans
- Enjoy the lifestyle bonus of a tropical in-ground pool and separate spa
- Building freshly painted and tiled in recent months

LOCATION LIFESTYLE:
- Convenience stores, cafe's and restaurants just a 5 minute walk
- Within a 10 minute walk to HOTA performing arts centre and weekly local marketplace
- Beach Proximity: Just a 20-minute walk to the iconic Surfers Paradise beach
- Public Transport: Easy access to buses and the G:link tram, connecting you to suburbs across the Gold Coast and also up to Brisbane

FINANCIALS:
- Airbnb has a 95% occupancy rate, to sustain occupancy, seasonal rates vary from $120 per night - $400 per night and $2,000 - $4,000 per week
- Rental appraisal $550 - $600 weekly approx.
- Council rates $1,492 half-yearly approx.
- Water rates $351 quarterly approx.
- Please contact us for the Form 2, as well as all financial details, including body corp fees and current airbnb income statements

Disclaimer:
We 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 to verify the information contained herein.
* denotes approximate measurements.

Property History for 11/40-46 Burra St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$580,000
11 Nov 2025
Listed for Rent
$420/w
07 Oct 2022
  • 23 Oct 2025
    Sold for $580,000
  • 17 Sep 2025
    Listed for Sale Under Contract
  • 26 Jan 2023
    Sold for $354,500
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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 25,341 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 299 properties listed for sale, and 107 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1598 properties were sold in the past 12 months in Surfers paradise.

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Herbie Frey
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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.