8/38 Thomas DriveSurfers Paradise QLD 4217
Property Details for 8/38 Thomas Dr, Surfers Paradise
Last Listing description (July 2025)
This is a unique opportunity to secure two renovated, separate offices on one title with dual incomes in the heart of the busy Chevron Island shopping precinct. Situated on the first floor with fantastic outlooks, these two separately leased offices offer the investor or future owner-occupier a fantastic investment in a premier position.
Recently upgraded and renovated, they are feature-packed with air conditioning and plantation shutters. They are perfect to use as separate studios/offices, with added potential future use for doctors, medical rooms or professional suites (STCA).
Room 8 - Leased at $500 per week - Art Gallery/Studio - Featuring air conditioning, plantation shutters, separate entrance, reception area, two large separate offices or meeting rooms, separate bathroom and kitchen. Originally a medical suite with potential for many other future uses. Includes one car space.
Room 8a - Leased at $250 per week - Beauty and Eyelash Centre, long-term tenant - Separate entrance, two rooms, air-con, plantation shutters, recently updated and well presented. Bathrooms on same level.
KEY FEATURES
Premier position in the heart of the busy Chevron Island shopping precinct
Dual income potential - one title leased as two separate offices/suites
Recently updated first floor - separate entrances
Excellent rental return with potential to improve
Ideal entry-level investment in a first-class position
Room 8 - $500 per week - long term tenant
Room 8a - $250 per week - second term of lease expiring 21/07/2025 and wants to continue
This is a once-only opportunity to secure an entry-level commercial investment property showing solid rental return in a well-presented, stylish, small boutique commercial building in the heart of Chevron Island's busy Thomas Drive shopping precinct.
Property History for 8/38 Thomas Dr, Surfers Paradise, QLD 4217
- 20 May 2025Sold for $460,000
- 08 May 2025Listed for Sale Sold
- 25 May 2023Sold for $440,000
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0About 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 25,430 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 37.67% increase in median value, while Units have seen a 96.87% increase. As at 31 May 2026:
- The median value for Houses in Surfers Paradise is $2,489,466 while the median value for Units is $884,448.
- Houses have a median rent of $1,400 while Units have a median rent of $750.
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