3/40-42 Tarcoola CrescentSurfers Paradise QLD 4217
Property Details for 3/40-42 Tarcoola Cres, Surfers Paradise
3/40-42 Tarcoola Cres, 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 353m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (July 2026)
Step into your very own Mediterranean-inspired oasis, where modern living meets serene outdoor luxury. This fully renovated ground-floor apartment in the 'Karana Palms' complex offers a perfect balance of comfort, style, and convenience. With a spacious 47sqm interior and an impressive 26sqm private terrace and access to a second large terrace, this is more than just a home - it's a lifestyle. Whether you're hosting friends for alfresco dining or simply enjoying the peace and quiet of your own outdoor retreat, this apartment delivers a rare blend of space and privacy.
The thoughtfully designed interior features sleek Australian Blackbutt hybrid flooring, air conditioning, ceiling fans, and modern curtains throughout. Freshly painted and with a fully renovated kitchen boasting brushed nickel hardware and Caesarstone benchtops, the apartment exudes contemporary sophistication. You'll appreciate the convenience of a full-size fridge space, plenty of kitchen storage, dishwasher, and a spacious kitchen bench with a breakfast bar - everything you need to entertain with ease or enjoy a quiet night in.
Venture outside to your exclusive 26sqm terrace, perfect for unwinding after a day at the beach or exploring nearby Chevron Island. Even more appealing is the direct access to a second terrace-accessible only by this unit and one other-providing even more space for outdoor relaxation and gatherings. The quiet, one-way street ensures a peaceful environment, yet you're just minutes from the bustling village of Chevron Island and the iconic Surfers Paradise beaches. Local cafes, restaurants, shops, and even the light rail station are all within walking distance, adding to the apartment's convenience and allure.
The bedroom is a haven of comfort, featuring air conditioning, ample natural light, and plenty of room to relax. The sleek bathroom and laundry combo, adorned with terrazzo-look tiles, includes a fully tiled shower, vanity, toilet, washing machine, and dryer, making it as functional as it is stylish.
Topped off with a secure, 15sqm underground parking space in a surveillance-monitored basement, this property also provides access to six visitor car parks within the secure basement-perfect for hosting guests. Residents enjoy resort-style amenities, including a pool and BBQ facilities. This apartment is not only a fantastic personal retreat but also an excellent investment opportunity with rental potential up to $600 per week. Whether you're looking to move in or rent it out, this property offers a lifestyle that combines modern living with beachside charm-an oasis you'll be proud to call home.
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.
Property History for 3/40-42 Tarcoola Cres, Surfers Paradise, QLD 4217
- 08 Oct 2024Sold for $550,000
- 10 Sep 2024Listed for Sale Expressions of Interest
- 17 Mar 2024Sold for $425,000
Recent sales nearby
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About 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 25,795 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 43.77% increase in median value, while Units have seen a 76.73% increase. As at 31 August 2026:
- The median value for Houses in Surfers Paradise is $2,717,913 while the median value for Units is $848,183.
- Houses have a median rent of $1,265 while Units have a median rent of $770.
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