Back 1302/7 Mallana St
Off Market

1302/7 Mallana St

Surfers Paradise QLD 4217

2
2
1
Apartment
Last sold for $345,000
Tanja CarsonTanja Carson, last sold this property on 20 October 2019 after 40 days on market.

Overview

Sit back, unwind and take in the views from every angle. Great investment!

Here is your chance to acquire a bargain buy with great potential in a boutique building, on Main River and a short walk to the heart of Surfers Paradise. This 2 bedroom 2 bathroom apartment located on the river in Surfers Paradise is situated on the 13th floor in a boutique building of 30 apartments with only 2 per floor. Offering stunning main river, ocean, cityscape and hinterland views, you're spoiled for choice from every window; Breathtaking by day and mesmerising by night. This would suit an owner occupier or investor. "The Emerald Surfers Paradise" is a waterfront residence situated in the heart of Surfers Paradise. With an ideal cul-de-sac position, you have the benefits of all the luxuries Surfers Paradise has to offer without the doorstep traffic. Within walking distance to array of Shopping, Restaurants, Cafes, Public Transport - including the Gold Coast Light Rail and the world famous beaches. Be quick this won't last long - Will be sold! * Spacious two bedroom, two bathroom, one car lock up garage * East facing apartment, 13th floor of 15 levels * Three separate balconies * Expected rental return approx $495- $520 per week * Great facilities - 25m pool, pontoon, BBQ area, on-site managers * Short walk to Surfers Paradise, beach, Tram station, bus stop Council Rates - $1486 per annum (approx) Water Rates - $920 per annum (approx) Body Corporate - $147 p/wk (approx) *The kitchen pantry doors are indicative of potential FEATURES: * Built-In Wardrobes * Close To Schools * Close To Shops * Close To Transport * Pool * Secure Parking with own lock up garage

Features

2 bedrooms
2 bathrooms
1 carspace
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 1302/7 Mallana St is $900k.

Median value
$900k
Estimated value range
$108k - $97.5m
Median days on market
43
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 1302/7 Mallana St

2019
Sold
$345,000
20 Oct 2019 by Tanja Carson, of Ray White Main Beach

Happy sellers in Surfers Paradise

86%
86% 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 133 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom apartments in Surfers Paradise

In the last 12 months, 356 two-bedroom apartments similar to 1302/7 Mallana St, have been sold.

This represents a 43% increase in two-bedroom apartments sales when compared to the previous 12 months.

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