416/25 Laycock StreetSurfers Paradise QLD 4217
Property Details for 416/25 Laycock St, Surfers Paradise
416/25 Laycock St, Surfers Paradise is a 2 bedroom, 2 bathroom Unit.
Last Listing description (December 2023)
ATTENTION INVESTORS!! On offer is this perfect investment opportunity of a dual-key unit in the famous 'Mantra Legends' building.
The facilities of Mantra Legends are superb and cater for both the business traveller and those on a relaxed getaway.
Centrally located, take a short stroll to the stunning golden beaches, restaurants, shops, cafes and entertainment. Or catch the city's light-rail into Cavill avenue or to Broadbeach and visit Pacific fair.
Features include:
-2 studio units
-1 unit with a kitchenette
-1 with 2 queen beds
-4th floor
-Both units fully furnished
-Deluxe interconnecting dual key
Building facilities:
-In-house bar and buffet restaurant
-Outdoor pool
-Spa
-Gymnasium
-Sauna
-Steam room
-Conference room
-Coin operated laundry facilities
This is a great investment opportunity offering high yield returns. Great for first home buyers or long time investors.
This building has no restrictions - Live in one unit and rent the other, take advantage of the buildings on-site holiday let management, or permanent tenancy or Airbnb etc.
Rental estimates:
415 $400-$420/week
416 $320-$350/week
Body Corporate approximately $158/week (includes electricity)
Rates approximately $77/week
Water approximately $36/week
This unit is currently managed by Mantra and the Owners are paid a guaranteed rent of $2,250/month and this agreement expires on the 31st march 2024.
*Please note the balcony furniture has now been changed to a more modern version*
Contact us to see awaits at this fabulous property
Glenn Shillig 0414 991 512
Kiara Trimble 0434 670 527
Property History for 416/25 Laycock St, Surfers Paradise, QLD 4217
- 07 Aug 2023Listed for Sale $449,000
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 25,787 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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