Back 277/35 Palm Ave
Off Market

277/35 Palm Ave

Surfers Paradise QLD 4217

1
1
1
Apartment
Last sold for $575,000
Brett KlerckBrett Klerck, last sold this property on 06 December 2025 after 10 days on market.

Overview

Stunning Budds Beach Apartment... Modern, Bright & Steps from the Waterfront

Perfectly positioned within the tightly held Budds Beach precinct of Surfers Paradise, this updated one-bedroom apartment presents an exceptional investment opportunity with strong rental appeal and enduring demand. Located in the well-regarded "Bay Lodge Apartments," it offers a genuine resort-style environment that consistently attracts quality tenants and holidaymakers. The complex is immaculately maintained and features a sparkling in-ground pool, lush landscaping, BBQ and entertainment areas, and a full-sized tennis court. Filled with natural light, the apartment features an open-plan kitchen, living and dining area flowing to a private north-facing balcony, an ideal space to relax and enjoy cooling breezes. Recently refreshed, it includes a modern kitchen with fridge, updated bathroom with integrated laundry (washing machine and dryer), air conditioning in the lounge, ceiling fans, a comfortable bedroom with built-in robes, and secure basement parking. For investors, the location is a major drawcard. Budds Beach is prized for its peaceful ambience, charming waterfront and close proximity to Surfers Paradise. A short walk connects tenants to Bumbles Café, riverfront pathways, beaches, dining, and the vibrant town centre. The nearby tram station, just 150 metres away, provides effortless access to major lifestyle, employment and entertainment hubs, underpinning consistently strong rental demand. Surfers Paradise remains one of the Gold Coast's most reliable investment markets, supported by steady tourism, strong infrastructure and ongoing tenant interest from professionals, hospitality workers and holidaymakers. Its convenient 10-minute access to Home Of The Arts and cultural experience that hosts weekly events and food markets further enhances lifestyle and rental appeal. With its low-maintenance layout, modern upgrades, excellent complex facilities and premium location, this apartment is a standout addition to any portfolio. The property is currently tenanted until May 2026, offering immediate income security and continued investment confidence. Act Fast! Council rates: $54 p/week (approx.) Water rates: $28 p/week (approx.) Body corporate: $140 p/week (approx.) *Disclaimer: Taylors Property have taken care of ensuring the description represents the property to the best of our knowledge. However, we take no responsibility for any inaccuracies. Please note photos may not always represent the property to its best ability, please ensure you view and/or have someone view the property.

Features

1 bedroom
1 bathroom
1 carspace
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 277/35 Palm Ave 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 277/35 Palm Ave

2025
Sold
$575,000
Private Sale/Treaty on 06 Dec 2025 by Brett Klerck, of Taylorsproperty.com.au
2024
Rented
Undisclosed
Leased on 08 May 2024 by Taylorsproperty.com.au
2024
Sold
$460,000
Private Sale/Treaty on 03 Mar 2024 by Martin Kovac, of Coastal Broadbeach

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, 254 one-bedroom apartments similar to 277/35 Palm Ave, have been sold.

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

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