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Back 16/11 Philip Avenue
Off Market

16/11 Philip Avenue

Broadbeach QLD 4218

1
1
1
56 m²
2064 m²
Apartment
Last sold for $595,500
Shaun BourkeShaun Bourke, last sold this property on 03 July 2025 after 16 days on market.

Overview

NORTH FACING BEACHSIDE APARTMENT

Perfectly positioned on the first floor of the 'Aruba Sands Resort' building, this one-bedroom, one-bathroom apartment offers a well-designed floorplan. The open plan living and dining area seamlessly connects to a north facing balcony, creating the perfect space for relaxation or entertaining guests, whilst also flooding the apartment with natural lighting. The kitchen is equipped with a dishwasher and ample cupboard space, whilst the carpeted bedroom features a built-in robe and ceiling fan for added comfort. A newly installed, high-capacity air conditioner is also ideal during summer. Currently in the onsite holiday letting pool with proactive managers, enjoy the option to either continue with strong rental returns, or to move in or use as a holiday home. The onsite team are highly responsive and professional, with reception staffed during business hours and after-hours assistance available. Features: * Open plan living and dining area * North facing balcony * Kitchen with dishwasher and ample cupboard space * Bedroom with built-in robe and ceiling fan * Large, combined bathroom and laundry with ample benchtop space * Air conditioning in living/dining area * Carpeted throughout * Optional furniture package Building features: * Proactive onsite management * Low body corporate levies * Well-maintained, three level walk-up building * Secure card-swipe entry system (no keys required) * Heated outdoor swimming pool * Spa * Barbecue and entertainment area * Secure basement car parking Property specifics: * Body Corporate: Approx. $106 per week * Sinking Fund Balance: $102,077.84 * Council and Water Rates Combined: Approx. $4,445 per annum * Rental Appraisal: Approx. $650 per week * Holiday Letting Returns: Approx. $25,000 - $29,000 net per annum * Block Size: 2,064m2 Ideally positioned within a short stroll to patrolled beaches, whilst also conveniently within walking distance to the renowned Broadbeach precinct including shopping, dining and entertainment venues. Minutes to the iconic Pacific Fair Shopping Centre, Oasis Shopping Centre, Gold Coast Convention Centre and the Star Casino, with local cafes, restaurants and public transport options including the G-Link within easy reach. Contact Shaun Bourke today on 0404 649 537 to view! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
56 m² floor area
2064 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Broadbeach over the last 12 months, the estimated median property value of 16/11 Philip Avenue is $720k.

Median value
$720k
Estimated value range
$450k - $2.9m
Median days on market
35
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Broadbeach. 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 16/11 Philip Avenue

2025
Rented
Undisclosed
Leased on 30 Jul 2025 by Harcourts Property Hub
2025
Sold
$595,500
03 Jul 2025 by Shaun Bourke, of Coastal Broadbeach

Happy sellers in Broadbeach

85%
85% of sellers in Broadbeach reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 52 reviews in Broadbeach over the last 12 months.

Local market activity for 1 bedroom apartments in Broadbeach

In the last 12 months, 55 one-bedroom apartments similar to 16/11 Philip Avenue, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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