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Back 408/40 Surf Parade
Off Market

408/40 Surf Parade

Broadbeach QLD 4218

1
1
1
55 m²
Apartment
Last sold for $645,000
Shaun BourkeShaun Bourke, last sold this property on 04 September 2025 after 14 days on market.

Overview

NORTH FACING, RENOVATED BEACHSIDE APARTMENT LIVING

Situated within the heart of Broadbeach, this updated apartment features one-bedroom, one-bathroom, and a desired north facing aspect. The open plan living and dining area connects with a renovated kitchen, featuring high-quality appliances including an integrated dishwasher. The bedroom offers a built-in robe and ceiling fan for year-round comfort, complemented by air conditioning in the living/dining area. The combined bathroom and laundry is fully-tiled for easy maintenance. Step outside to the north facing balcony, filtering plenty of natural lighting through to the apartment, and providing the perfect space for relaxation. Enjoy the option to either place this home into the onsite holiday letting pool with proactive managers to receive strong rental returns, or to move in or use as a holiday home. Features: * Open plan living and dining area * North facing balcony * Modern kitchenette with with integrated dishwasher and ample cupboard space * Large bedroom with built-in robe * Combined, fully-tiled bathroom and laundry * Air conditioning in living/dining area * Ceiling fans throughout * Floorboards throughout for easy maintenance * One secure basement car parking space Building features: * Secure building on large 2,996m2 block * Swimming pool * Barbecue and outdoor entertainment area * Secure basement car parking Property specifics: * Body Corporate: Approx. $79 per week * Sinking Fund: $780,508.56 * Council and Water Rates: Approx. $6,705 per annum combined (less if owner occupied or long-term/permanent rental) * Rental Appraisal: Approx. $700 per week * Airbnb Returns: Approx. $850 per week * Holiday Letting Pool Appraisal: Approx. $20,000 - $25,000 net per annum Ideally positioned within a short stroll to patrolled beaches, whilst also conveniently within walking distance to the renowned Broadbeach precinct including shopping, dining and entertainment venues. Minutes to the iconic Pacific Fair Shopping Centre, Oasis Shopping Centre, Gold Coast Convention Centre and the Star Casino, with local cafes, restaurants and public transport options including the G-Link within easy reach. Contact Shaun Bourke today on 0404 649 537 to view! 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.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
55 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Broadbeach over the last 12 months, the estimated median property value of 408/40 Surf Parade is $720k.

Median value
$720k
Estimated value range
$450k - $2.9m
Median days on market
35
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Broadbeach. 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 408/40 Surf Parade

2025
Rented
Undisclosed
Leased on 04 Nov 2025 by Coastal° Property Agents
2025
Sold
$645,000
04 Sep 2025 by Shaun Bourke, of Coastal Broadbeach
2024
Sold
Undisclosed
02 May 2024 by Alex Spinks, of ADS Realty

Happy sellers in Broadbeach

85%
85% of sellers in Broadbeach reported that their sale price either exceeded or met their price expectations.

Broadbeach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Broadbeach over the last 12 months.

Local market activity for 1 bedroom apartments in Broadbeach

In the last 12 months, 55 one-bedroom apartments similar to 408/40 Surf Parade, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Broadbeach

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Wayne Evans

Sellers who recommend Wayne Evans have praised them for being clear communication, local expert, responsive, dedicated, supportive, reliable and friendly

  •   5   (93 reviews)
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  •  24 Sales in Broadbeach
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Jayne Lofthouse

Jayne Lofthouse is a recommended agent for Broadbeach.  They have 7 local sales and collected 8 local reviews across the last 12 months.

  •   4.7   (48 reviews)
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  •  7 Sales in Broadbeach
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Mal Pendo

Mal Pendo is a recommended agent for Broadbeach.  They have 3 local sales and collected 4 local reviews across the last 12 months.

  •   5   (172 reviews)
  •  4 Reviews in Broadbeach
  •  3 Sales in Broadbeach
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Katrina Keegan

Sellers who recommend Katrina Keegan have praised them for being clear communication, local expert, responsive, reliable, supportive, well-prepared and great negotiation

  •   4.9   (536 reviews)
  •  3 Reviews in Broadbeach
  •  3 Sales in Broadbeach
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