Back 1227/3197 Surfers Paradise Boulevard
Off Market

1227/3197 Surfers Paradise Boulevard

Surfers Paradise QLD 4217

1
1
37 m²
Apartment
Last sold for $230,000
Sonya RichardsonSonya Richardson, last sold this property on 29 March 2026 after 40 days on market.

Overview

Strategic Coastal Investment | High-Appeal Holiday Letting | Ocean Views

Secure a blue-chip position within the renowned Mantra on View Hotel, one of Surfers Paradise’s most recognised and tightly held short-stay buildings. Positioned on the 12th floor with a prized north-facing orientation, this 37m² fully furnished studio captures elevated ocean and skyline views — a key driver of guest demand and repeat bookings. Currently generating $46,000 gross (Jul 2024 – Jun 2025), this is a turnkey, income-ready asset designed for investors seeking strong coastal performance with minimal operational complexity. Key Features: • 1-bedroom studio layout with 1 bathroom and private balcony • North-facing orientation with abundant natural light • Elevated ocean and skyline views • 12th floor position • Sold fully furnished and turnkey ready • Ducted air conditioning • Approx. $46,000 gross annual income • Short-stay approved (not for permanent residency) • Flexible management options – Airbnb, self-manage or utilise the onsite management Estimated Outgoings: • Body Corporate: $139.66 per wk • Council Rates: $107.75 per wk • Water Rates: $29.25 per wk Guests enjoy access to resort-style amenities including a day spa, gymnasium, conference facilities and an on-site restaurant. Located directly opposite G:link tram access and moments from beaches, dining and retail, this is one of the Gold Coast’s most accessible and attractive short-stay addresses. Whether you are expanding your portfolio or acquiring a proven coastal income-producing asset, this opportunity delivers brand recognition, performance history and strategic positioning. Contact Sonya to receive the detailed income breakdown, video walkthrough and full information pack, or to arrange your inspection. Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Features

1 bedroom
1 bathroom
37 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 1227/3197 Surfers Paradise Boulevard is $600k.

Median value
$600k
Estimated value range
$190k - $1.93m
Median days on market
39
Estimated value trend
13%
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 1227/3197 Surfers Paradise Boulevard

2026
Sold
$230,000
29 Mar 2026 by Sonya Richardson, of McGrath Surfers Paradise

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 1 bedroom apartments in Surfers Paradise

In the last 12 months, 249 one-bedroom apartments similar to 1227/3197 Surfers Paradise Boulevard, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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