7/38 Thomas Drive, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
 
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7/38 Thomas Drive
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 79m2
Land area: 441m2
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Property Details for 7/38 Thomas Dr, Surfers Paradise

Building Type
Commercial
Year Built
1980
Floor Size
79m2
Land Size
441m2
Local Government
Gold Coast City
Lot/Plan
7/BUP2664

Last Listing description (August 2023)

Colliers are pleased to present Shop 7, tenanted by Happy Dragon Massage & Spa to the market for sale - Seeking offers above $450,000.

Shop 7/38 Thomas Drive, Surfers Paradise presents an opportunity to purchase a single-tenant Strata Investment located within the Chevron Island retail precinct.

The investment is 100% occupied by Happy Dragon Massage & Spa which consumes 82m of net lettable area on a circa 825m strata site, comprising of 13 individual lots.

The investment generates an annual net income of approximately $27,418 net p.a and is secured by a WALE of 0.4 years by way of income (lease expiry on 31/08/2023 followed by a 2 year option).

For more information, please contact the exclusive listing agent Bede Blatchford on 0408 650 892.

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Property History for 7/38 Thomas Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$460,000
15 Jun 2023
  • 15 Jun 2023
    Sold for $460,000
  • 02 Mar 2023
    Listed for Sale Seeking offers above $450,000
  • 25 Feb 2015
    Sold for $365,000
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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 25,370 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 59.74% increase in median value, while Units have seen a 102.54% increase. As at 31 January 2026:

  • The median value for Houses in Surfers Paradise is $2,517,380 while the median value for Units is $844,592.
  • Houses have a median rent of $790 while Units have a median rent of $740.
There are currently 317 properties listed for sale, and 126 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1577 properties were sold in the past 12 months in Surfers paradise.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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