Back 1/59 Peninsular Drive
Off Market

1/59 Peninsular Drive

Surfers Paradise QLD 4217

2
1
1
82 m²
841 m²
Apartment
Justin SchmithJustin Schmith, last sold this property on 24 August 2025 after 192 days on market.

Overview

CENTRALLY LOCATED UNIT WITH SEA BREEZES AND LOW BODY CORPORATE

Location! Location! Location! Discover this quintessential Surfers Paradise apartment, newly renovated and ready for a new owner. Arguably one of the closest apartments with a lock up garage to the heart of Surfers Paradise!! This 2 bedroom apartment is spacious, bright, breezy and airy with a balcony overlooking the bright lights and action of beautiful Surfers Paradise. Stroll to the beach, exciting Cavill Avenue, Bars, Cafe's, Restaurants, and both Woolworths and Coles at Chevron Renaissance. Leave the car in the garage and walk everywhere! This property offers a coastal lifestyle and that feeling of always being on holidays! Spacious Living: Featuring open-plan kitchen, living and dining areas, brand new kitchen and all appliances, brand new bathroom and all fixtures and fittings, brand new flooring, and freshly painted interiors mean you will be first to enjoy the hard work to attain this quality finish. A new dishwasher, air conditioning, ceiling fans, oven, stove, hot water system, have all been installed brand new and ready for you. You wont have to worry about anything other than loving your new home. Outdoor Space: Enjoy the fresh ocean breezes that come through all day long on your east facing balcony, which has room for a couch or dining. Put a hammock and enjoy cool evenings watching the city lights. Secure Parking & Storage: A large lock-up garage with additional storage space adds to the convenience. This is an advantage over other units in the area as it is rare to have a fully self contained lock up garage. Key Features: First floor, two-bedroom unit offering the perfect blend of coastal living and investment potential. Low Body Corporate Levies : approx $72 per week Boutique Block of 12 - enjoy peace and privacy in a small, complex. Property Highlights: Prime Location: Less than 10-minute stroll to the golden sands of Surfers Paradise Beach. The G:link tram stop is a short walk connecting you to Brisbane and soon to Burleigh... but also making the commute to GC Uni or GCU Hospital very easy. Whether you're looking for an affordable first home, a holiday retreat, or an investment, this property ticks all the boxes. Its proximity to the beaches, waterways, transport, cafes, restaurants, entertainment and Surfers Paradise's vibrant lifestyle makes it extremely desirable. An ideal investment centrally located with low body corporate fees. Contact Justin +61 422 051505 at Schmith Estate Agents.

Features

2 bedrooms
1 bathroom
1 carspace
82 m² floor area
841 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 1/59 Peninsular Drive is $875k.

Median value
$875k
Estimated value range
$108k - $2.77m
Median days on market
42
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surfers Paradise. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/59 Peninsular Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 24 Aug 2025 by Justin Schmith, of Schmith Realty Pty Ltd
2024
Sold
Undisclosed
Private Sale/Treaty on 27 Sep 2024 by Bob Rollington, of Surfers Paradise First National

Happy sellers in Surfers Paradise

87%
87% of sellers in Surfers Paradise reported that their sale price either exceeded or met their price expectations.

Surfers Paradise stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 188 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom apartments in Surfers Paradise

In the last 12 months, 468 two-bedroom apartments similar to 1/59 Peninsular Drive, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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