Back 222 & 223/132-138 Ferny Avenue
Off Market

222 & 223/132-138 Ferny Avenue

Surfers Paradise QLD 4217

2
2
920 m²
Unit
Last sold for $705,000
Glenn ShilligGlenn Shillig, last sold this property on 15 March 2026 after 243 days on market.

Overview

SURFERS PARADISE DUAL KEY APARTMENT

This dual key apartment is a great investment, is located on the 2nd floor of the South Tower of "Sovereign", and has the following features: - Splits in to a 1 Bedroom Unit and a Studio Unit - 1 Bedroom Unit has a north east aspect overlooking the lagoon pool - Studio Unit has a north aspect - Great size of 105m2 - Each unit has a balcony - Kitchen has been renovated to a high standard with and island bench, stone benchtops, and timber flooring - Stove or oven not allowed in the kitchen - Air conditioned - Ceiling fans - Built in robes - Currently holiday let by On Site Managers (Annual Income over $100,000) - Permanent Rent Appraisal: Studio Unit $450 - $500/week 1 Bedroom Unit $550 - $600/week --------------------------- Total $1,000 - $1,100/week The approximate Outgoings are currently: Body Corporate - $172/week (includes electricity) Rates - $95/week Water - $31/week The Building features include: - Secure car parking (on a first come basis) - Lagoon pool - Spa - Sauna - Gymnasium - BBQ area - Malaysian Restaurant - On Site Managers A great location close to the following: - Marriott Hotel next door - Only a 3 minute walk to a Light Rail Station - 3 minute walk to Main River and Brumbies cafe (Budds Beach) - 5 minute walk to Surfers Paradise Beach Disclaimer - In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features

2 bedrooms
2 bathrooms
920 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 222 & 223/132-138 Ferny Avenue is $811k.

Median value
$811k
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 222 & 223/132-138 Ferny Avenue

2026
Sold
$705,000
15 Mar 2026 by Glenn Shillig, of Ray White Surfers Paradise

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 2 bedroom units in Surfers Paradise

In the last 12 months, 110 two-bedroom units similar to 222 & 223/132-138 Ferny Avenue, have been sold.

This represents a 3% decrease in two-bedroom units sales when compared to the previous 12 months.

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