8/38 Thomas Drive, Surfers Paradise, QLD 4217 sold on 20 May 2025 | OnTheHouse
SOLD
Sold on 20 May 2025 for $460,000

8/38 Thomas Drive
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 75m2
Land area: 441m2
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Property Details for 8/38 Thomas Dr, Surfers Paradise

Building Type
Commercial
Year Built
1980
Floor Size
75m2
Land Size
441m2
Local Government
Gold Coast City
Lot/Plan
8/BUP2664

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

A timeline of how this property has performed in the market
Last Sold
$460,000
20 May 2025
  • 20 May 2025
    Sold for $460,000
  • 08 May 2025
    Listed for Sale Sold
  • 25 May 2023
    Sold for $440,000
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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 25,374 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 75.21% increase in median value, while Units have seen a 106.08% increase. As at 31 December 2025:

  • The median value for Houses in Surfers Paradise is $2,540,001 while the median value for Units is $849,893.
  • Houses have a median rent of $785 while Units have a median rent of $725.
There are currently 319 properties listed for sale, and 129 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1588 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.