902/40 The Esplanade, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

902/40 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 12
Floor area: 133m2
Land area: 708m2
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Property Details for 902/40 The Esplanade, Surfers Paradise

902/40 The Esplanade, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 12 parking spaces and was built in 1966. The property has a land size of 708m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
1966
Floor Size
133m2
Land Size
708m2
Local Government
Gold Coast City
Lot/Plan
95/BUP82

Last Listing description (May 2021)

This unique beachfront property is 2 apartments that have been combined to make a sub-penthouse which has retro touches and awesome views from Coolangatta to Stradbroke Island.

This is an extremely rare opportunity to secure this property in the iconic "The Sands Apartments" which has been owned and enjoyed by the Sellers and their families for over 30 years.

It's currently holiday let but it's also suitable for owner occupiers or permanent tenants.

The property features include:

- 2 huge bedrooms (master bedroom is over 30m2 and has a private balcony of approx. 11m2)

- 2 bathrooms which include 2 showers, 2 toilets (1 separate), and a bath.

- 12 car parks (yes 12)

- Entry foyer

- Massive open plan living area

- Large wrap around balcony

- North East aspect

- Air conditioning in Living Area and Master Bedroom.

The building facilities include:

- Heated outdoor swimming pool

- 2 street frontage (The Esplanade & Orchid Avenue)

- Patrolled beach across the road

- Close to Cavill Mall

- Pet friendly

You choose whether you want to enjoy the property in the current condition or if you want to modernise part or all of it.

Property History for 902/40 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$445,000
14 Dec 2018
  • 27 Apr 2021
    Listed for Sale AUCTION
  • 14 Dec 2018
    Sold for $445,000
  • 19 Feb 2014
    Sold for $420,000
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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 25,788 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.
There are currently 425 properties listed for sale, and 145 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1538 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.