Back 203/3 River Drive
Off Market

203/3 River Drive

Surfers Paradise QLD 4217

2
2
1
0 m²
120 m²
Unit
Last sold for $470,000
Brad ScottBrad Scott, last sold this property on 28 September 2020 after 335 days on market.

Overview

Motivated seller instructs to sell this weekend! - Fully Renovated apartment with Stunning NE Views in sought after Budds Beach

Opening to the light of a north-east aspect and embracing dreamy uninterrupted riverfront views, this boutique building defines the best of Gold Coast lifestyle. Prime position in blue chip suburb Budds Beach, this property is set on an elevated second floor. Rarely do tightly held ‘03' style floorplans come to the market for rent, offering privacy with morning sun. Exceptionally motivated Sellers are reluctantly selling due to changed circumstances. FEATURES INCLUDE: - Stunning direct Main River views - 120sqm floor plan with large living and dining area - Impressive north aspect balcony perfect for entertaining in idyllic Gold Coast weather - Second balcony with river views and Chevron Island Bridge backdrop - Natural light and windows in every room with beautiful ocean breezes throughout - Air-conditioned with ceiling fans - Separate laundry and separate toilet - Secure basement parking - Neat as a pin Secured under ground parking - Enjoy the resort facilities including outdoor heated pool and spa, indoor heated pool, sauna and tennis court all set in wonderfully landscaped green gardens. Can come fully furnished for the right price also. Situated minutes walking distance to world famous Surfers Paradise beaches, Coles, Shopping centres, Macintosh Park, exciting cafes and restaurants, yet in the quiet oasis that is Budds Beach, this property is sure to impress! PROPERTY INFORMATION Gold Coast City Council Rates: $3,175* p.a. approx Gold Coast City Water Rates: $1,457* p.a. approx Body Corp: $168 per week approx Built: 1982 Currently leased with amazing tenant at $555 per week till 12/01/2020 - Periodic month to month lease after that Gross ROI: 5.89% (assuming $555pw rent and PP of $490,000) For further information or to arrange an inspection please contact Brad Scott or Wayne Haase. 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 measure

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
120 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Surfers Paradise over the last 12 months, the estimated median property value of 203/3 River Drive is $810k.

Median value
$810k
Estimated value range
$500k - $1.5m
Median days on market
36
Estimated value trend
14%
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 203/3 River Drive

2020
Sold
$470,000
28 Sep 2020 by Brad Scott, of Smart Real Estate
2015
Sold
$350,000
Private Sale/Treaty on 14 Mar 2015

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 183 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom units in Surfers Paradise

In the last 12 months, 109 two-bedroom units similar to 203/3 River Drive, have been sold.

This represents a 4% decrease in two-bedroom units sales when compared to the previous 12 months.

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