4/59A Peninsular DriveSurfers Paradise QLD 4217
Property Details for 4/59a Peninsular Dr, Surfers Paradise
4/59a Peninsular Dr, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 435m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (January 2024)
Opportunity presents to purchase this rarely available original and immaculately maintained 1st floor apartment in the heart of Surfers Paradise at the tightly held Club House complex. Ideal for astute investors or the first home buyer.
A prime location with an healthy gross yield of approx. 5%. Featuring ceiling fans, security on all windows and doors, timber floors in the cosy light filled sunroom with skyline views.
This property is perfectly located for the ultimate Gold Coast lifestyle! Just minutes by walking will have you in the heart of Surfers Paradise, which boasts some of the very best cafes, restaurants, nightlife and beaches in Australia. Golden opportunity for owner occupiers, astute investors or AirBnB option.
Make an offer!
Property Specifications:
* Prime location with high development potential
* Zoned High Density & Development Zone D (Gold Coast)
* Enclosed balcony / sunroom with timber flooring with skyline views
* 2 bedrooms & 1 bathroom with undercover parking on title
* Public transport options are plentiful with the GC light rail and bus close by
* Body Corporate levies approx. $30 per week
* Sinking Fund Balance is $37,697.22 as of 1 November 2023
* Estimated market rental appraisal of approx. $450 per week
* Walk to the beach in minutes
* Current tenant in place paying $430 per week until 4 March 2024
* The Club House was built in 1967, 56 years old
* 1 of only 18 apartments in The Club House
Contact Rob McGregor to inspect. 0448 208 810
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to 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 4/59a Peninsular Dr, Surfers Paradise, QLD 4217
- 08 Dec 2023Sold for $440,000
- 03 Nov 2023Listed for Sale Expressions of Interest closing 28 November @ 3pm
- 13 Jan 2021Listed for Rent - Price not available
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 25,715 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 49.69% increase in median value, while Units have seen a 81.50% increase. As at 31 July 2026:
- The median value for Houses in Surfers Paradise is $2,720,521 while the median value for Units is $847,007.
- Houses have a median rent of $1,350 while Units have a median rent of $770.
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