Back 1462/9 Ferny Avenue
Off Market

1462/9 Ferny Avenue

Surfers Paradise QLD 4217

3
2
2
240 m²
Apartment
Last sold for $2,460,000
Adrian LockAdrian Lock, last sold this property on 14 May 2025 after 27 days on market.

Overview

Sub-Penthouse, 46th Floor, 3 Bedroom Sky Home, Pet Friendly, 2 Car Parking

An exceptional opportunity to own one of only four sub-penthouses with this highly sought-after layout in Surfers Paradise's iconic Circle on Cavill. Spanning an impressive 240sqm, this residence is positioned on the 46th floor of the South Tower, offering unparalleled panoramic ocean, hinterland, beach, and skyline views. This is the first time a sub-penthouse of this layout has been available in five years. PROPERTY HIGHLIGHTS Expansive 240sqm layout 3 spacious bedrooms Two luxurious bathrooms, including a spa ensuite to the master Open-plan living & dining, ideal for entertaining Huge second living area, with ocean views Two full-length balconies providing 280-degree unobstructed views Gourmet kitchen with stone benchtops and high-end appliances Floor-to-ceiling windows maximise light, space and views Multi-zone ducted air conditioning, separate laundry, ample storage Two secure car parks Low body corp. approx. $260 per week LIFESTYLE & INVESTMENT APPEAL Resort-style facilities: one indoor and two outdoor pools, gym, spa, sauna, cinema Secure building with 24/7 management perfect for lock-up-and-leave living Significant owner-occupier population and permanent residents Low body corporate fees and cheap electricity Tram at your front door, walk to beach, restaurants, shops, cafés & doctors Move-in ready nothing to spend INVESTOR BENEFITS High-demand short and long-term rental location Lucrative Investment Potential Consistent weekly holiday rental returns of approx. $2,450 per week, generating $127,400 per annuma 4.9% ROI Capital growth potential combined with the prestige and pride of ownership in one of the Gold Coast's most sought-after residences. Designed for those who demand prestige and privacy, this immaculate residence offers uninterrupted east-facing ocean vistas, southern outlook stretching to NSW, and stunning western sunsets over the hinterland. A coveted opportunity, this is the first time in five years that a property of this calibre has been availablemaking it an exclusive acquisition for those who recognize rarity and value. With exceptionally low body corporate fees of just $250 per week, this sub-penthouse presents a transparent, high-value investment or an exquisite lifestyle upgrade. Whether as a primary residence or a prestige holiday retreat, it delivers the perfect balance of opulence, convenience, and long-term market appeal in one of the Gold Coast's most iconic towers. *IMPORTANT* WHILST EVERY CARE IS TAKEN IN THE PREPARATION OF THE INFORMATION CONTAINED IN THIS MARKETING, Grow&Co Property Agents WILL NOT BE HELD LIABLE FOR ANY ERRORS IN TYPING OF INFORMATION. ALL INFORMATION IS CONSIDERED CORRECT AT THE TIME OF ADVERTISING. Please contact Adrian Lock on 0451 983 207 for further information or to arrange an inspection.

Features

3 bedrooms
2 bathrooms
2 carspaces
240 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 1462/9 Ferny Avenue is $1.4m.

Median value
$1.4m
Estimated value range
$780k - $4.55m
Median days on market
47
Estimated value trend
-4%
decrease 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 1462/9 Ferny Avenue

2025
Sold
$2,460,000
Private Sale/Treaty on 14 May 2025 by Adrian Lock, of Grow&Co Property Agents
2014
Sold
$1,000,000
Auction Sale on 09 Oct 2014

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 187 reviews in Surfers Paradise over the last 12 months.

Local market activity for 3 bedroom apartments in Surfers Paradise

In the last 12 months, 113 three-bedroom apartments similar to 1462/9 Ferny Avenue, have been sold.

This represents a 5% increase in three-bedroom apartments sales when compared to the previous 12 months.

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