Back 2/3-5 Barranbali St
Off Market

2/3-5 Barranbali St

Surfers Paradise QLD 4217

1
1
1
40 m²
Apartment
Last sold for $510,000
Herbie FreyHerbie Frey, last sold this property on 12 June 2025 after 35 days on market.

Overview

TENANT VACATING - MOVE IN NOW AVAILABLE - MUST SELL!

Herbie welcomes you to this fully furnished investment property in a prime location. Nestled in Chevron Island, this delightful ground-floor apartment offers a blend of comfort, convenience, and coastal charm. Perfectly positioned for those seeking a vibrant lifestyle, it's just a short stroll to the bustling Chevron Village, renowned for its eclectic mix of cafes, boutiques, and eateries. The lifestyle the island offers is enjoyed by a friendly community and has a relaxed but vibrant appeal. Whether you're a first-time buyer, an investor seeking an affordable rental opportunity, or someone looking to embrace the Gold Coast lifestyle, this property offers exceptional value in a sought-after location. PROPERTY HIGHLIGHTS: - Spacious Bedroom: Generously sized with a walk-through robe, ensuring ample storage space - Modern Bathroom: Combined bathroom and laundry for added convenience - Open-Plan Living: Light-filled living area seamlessly connecting to the kitchen, creating a welcoming ambiance - Spacious Patio: Direct access to an open patio area with space for an outdoor lounge - Air Conditioning & Ceiling Fans: Ensuring year-round comfort - Secure Parking: Dedicated underground car space within a secure complex - Complex Amenities: Enjoy the tropical in-ground pool, perfect for unwinding after a day at the beach - Beach Proximity: Just a 20-minute walk to the iconic Surfers Paradise beach - Public Transport: Easy access to buses and the G:link tram, connecting you to the broader Gold Coast - Cultural Hub: Close to the HOTA Arts Centre, offering a year-round calendar of events and performances. Nearby is the marketplace which offers strong community and great produce - Lifestyle Amenities: A plethora of dining, shopping, and entertainment options at your doorstep FINANCIAL DETAILS: - Recently rented for $560 per week - tenant vacated Friday 23 May 2025 - Rental appraisal currently at $550 - $600 per week - Body corporate fees approximately $133 per week as per latest levy notice - Full furnishings inventory provided upon request - Council rates: $1,300 half yearly approximately - Water rates: $383 per quarter approximately Herbie would love to hear how he can help make this your next investment! 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. * denotes approximate measurements.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
40 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 2/3-5 Barranbali St 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 2/3-5 Barranbali St

2025
Sold
$510,000
12 Jun 2025 by Herbie Frey, of Harcourts Property Hub
2025
Rented
Undisclosed
Leased on 16 Feb 2025 by Ray White Malan + Co - Broadbeach
2023
Sold
$322,000
Private Sale/Treaty on 02 Apr 2023 by Meegan Crosswell, of Harcourts Inspire

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, 253 one-bedroom apartments similar to 2/3-5 Barranbali St, have been sold.

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

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