Back 162/25 Surf Parade
Off Market

162/25 Surf Parade

Broadbeach QLD 4218

1
1
1
74 m²
Apartment
Last sold for $690,000
Shaun BourkeShaun Bourke, last sold this property on 28 October 2024 after 48 days on market.

Overview

BEACHSIDE ABODE WITH OCEAN VIEWS

Welcome to apartment 162 in the "Ocean Pacific" apartment building in Broadbeach. This one bedroom, one bathroom apartment is situated on the 16th floor, east-facing with ocean views that will take your breath away each morning without even having to get out of bed. The apartment features a spacious and modern layout, perfect for owner occupiers seeking a blend of luxury and comfort, or the astute investor or lock and leave occupier. The main bedroom has floor to ceiling windows, looking straight over the building's facilities and up the street to the ocean, all the way from north Broadbeach to the south. The outdoor balcony is spacious with plenty of room to move, with double doors leading into the open plan living and dining area. Features: * Spacious 1 bedroom floor plan over XX m2 * 16th floor * East facing with breathtaking ocean views * Modern kitchen and large bathroom * European laundry * Oversized balcony * Furniture package optional * One car park Building Features: * Resort-style amenities * Heated outdoor pool * Heated outdoor spa * Children's pool * Gym and Sauna * BBQ area * Games room * Pet friendly on Body Corporate approval * Pro-active onsite management Property Specifics: * Body Corporate: Approx. $146 p/w * Sinking Fund Balance: $583,620.47 * Rental Appraisal: $600-$650 p/w approx. * Holiday Letting Returns: Approx. $44,583 net p/a * Council and Water Rates: Approx. $6,560 p/a The location does not get any better, offering the best of both worlds when it comes to beachside living - just a short stroll of 250 meters from the Gold Coast's best beaches, 400 meters from Broadbeach's popular dining and shopping precinct and directly across the road from Pacific Fair, the Glink Tram station and Star Casino! Not to mention the cafes and restaurants at the bottom of the building itself - all while providing enough distance to ensure a very peaceful beach weekender, investment or permanent residence. This apartment will not disappoint even the most fastidious of buyers - call Shaun Bourke today on 0404 649 537! 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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
74 m² floor area
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 162/25 Surf Parade is $717.5k.

Median value
$717.5k
Estimated value range
$565k - $2.9m
Median days on market
35
Estimated value trend
13%
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 162/25 Surf Parade

2024
Sold
$690,000
28 Oct 2024 by Shaun Bourke, of Coastal Broadbeach
2022
Sold
$585,000
16 Mar 2022 by Gareth Denning, of Ray White Malan + Co - Broadbeach

Happy sellers in Broadbeach

84%
84% 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 47 reviews in Broadbeach over the last 12 months.

Local market activity for 1 bedroom apartments in Broadbeach

In the last 12 months, 56 one-bedroom apartments similar to 162/25 Surf Parade, have been sold.

This represents a 23% increase in one-bedroom apartments sales when compared to the previous 12 months.

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