Back 31/5 Admiralty Drive
Off Market

31/5 Admiralty Drive

Surfers Paradise QLD 4217

2
2
1
Apartment
Last sold for $950,000
Brett KlerckBrett Klerck, last sold this property on 26 July 2024 after 29 days on market.

Overview

Stunning Waterfront Apartment + Ocean Views

This rare and outstanding lifestyle opportunity is not easily replicated. Located on the 5th floor of the exclusive 'The Nelson' building in the prestigious waterfront suburb of Paradise Waters. As you step inside you will immediately be in awe of the intuitive design that capitalises on the breathtaking panoramic views. The 5th floor vantage point captures the morning sun and ocean outlook to the east with captivating vistas of the beautiful marina, river, city lights and hinterland to the north. The generously proportioned apartment incorporates a variety of stylish enhancements throughout. Extensive use of glass provides an added sense of space with an abundance of natural light and seamless connection between indoor/outdoor living. A fully functional format designer kitchen creates the perfect environment for culinary experts and home entertainers. The residence includes two spacious bedrooms with adjoining balconies, two modern bathrooms and a secure car space with additional storage. Residents can relish in the resort class amenities on offer including a swimming pool, spa, sauna, BBQ facilities, private function room and waterfront marina. You also have the convenience of an on-site restaurant, cafe, pilates studio, hair salon, beautician and convenience store located downstairs. The location is world class... set in an exclusive waterfront enclave neighbouring multimillion dollar residences. Paradise Waters is renowned for its highly sought after location within close proximity to Main Beach dining and social hubs including multiple restaurants and cafes, the Southport yacht and surf clubs and multiple exclusive hotels. Walk to the nearby G Link light rail stop for easy transportation. - Spacious open plan design with extensive glass - Fully functional format designer kitchen - Two bedrooms with adjoining balconies - Two modernised bathrooms - Separate laundry + extra storage - 1st class resort amenities - On site shopping, dining, cafe, hair and beauty, pilates studio - Prime waterfront location + ocean views - Security building and parking + additional storage Its all on offer here, the ultimate lifestyle property in the most idyllic of locations with the scope for continued capital growth at an unprecedented level. Astute buyers will be provided with an intense sense of urgency to act, upon the realisation of value on offer. Guaranteed to be in high demand... Phone Now to inspect!

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 31/5 Admiralty Drive is $875.33k.

Median value
$875.33k
Estimated value range
$108k - $2.77m
Median days on market
42
Estimated value trend
8%
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 31/5 Admiralty Drive

2024
Rented
Undisclosed
Leased on 14 Nov 2024 by Taylorsproperty.com.au
2024
Sold
$950,000
Private Sale/Treaty on 26 Jul 2024 by Brett Klerck, of Taylorsproperty.com.au

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 apartments in Surfers Paradise

In the last 12 months, 465 two-bedroom apartments similar to 31/5 Admiralty Drive, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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