Back 45/20 Old Burleigh Rd
Off Market

45/20 Old Burleigh Rd

Surfers Paradise QLD 4217

3
2
1
159 m²
Apartment
Last sold for $1,550,000
Tolemy StevensTolemy Stevens, last sold this property on 13 September 2024 after 66 days on market.

Overview

SOLD BY TOLEMY STEVENS

SOLD BY TOLEMY STEVENS This property was sold by The Tolemy Stevens Team Method of Sale: Private Treaty Marketing Campaign: Social, Press and Digital Campaign Inspections: 39 Enquiries: 46 Days on Market: 36 The Penthouses is a popular absolute beachfront building on the border of Surfers Paradise / Broadbeach with only 55 exclusive residences, which are all 3 bedrooms. Occupying half of the 17th floor, this large fully renovated 159m2, 3 bedrooms + study, 2 bathrooms residence represents outstanding value and is the ideal permanent residence, private holiday home or performing investment in the on-site letting pool, either way the choice is yours with no restrictions. Boasting spectacular ocean views never to be built out and sundrenched balconies perfect for watching the waves roll in or the whales in the distance. This floor plan showcases a desirable front to back layout, meaning you face the ocean to the East, but also West to the Hinterland, allowing for amazing cross flow ventilation as well as spectacular skyline, Hinterland and sunset views of an evening, the best of both worlds. Watch sunrise to sunset on your balconies from a beachfront position, very rare feature. Motivated interstate sellers have instructed for all offers to be submitted as this stunning residence will be sold. Regrettably now surplus to their needs presenting a rare, yet amazing opportunity for one lucky discerning buyer. Vacant possession, don't miss out. Features: • Absolute beachfront position - Direct access to the beach • Spacious 159m2, 3 bedrooms + study, 2 bathrooms • 17th floor, fully renovated, sold furnished • The ultimate private residence or luxurious holiday home • Only 2 residences per floor • Air-conditioning through-out • Un-interrupted ocean views up and down the coastline • Stunning skyline, river and hinterland views • Boutique block of only 55 apartments • 1 car space and small storage cage on title • Set on a massive 3,817sqm of land • Located on the sand between Surfers Paradise and Broadbeach • Projected rental return $1,300-$1,400 pw (permanent rental) • Significantly more for Holiday "short term" letting Facilities include: • Children's pool • Outdoor swimming pool • Full size tennis court • Direct access to the beach • Secure undercover parking • Heated spa • BBQ area • Kids Games Room Situated on the popular beachfront stretch along Old Burleigh Road which is on the border of Surfers Paradise / Broadbeach and only a gentle stroll to the CBD where you will find hundreds of shops, restaurants, cafes, and entertainment. Also close to the light rail, Convention Centre, Star Casino, Pacific Fair Shopping Centre, Marine Mirage, multiple surf clubs and more. This is the ultimate location for the astute buyer. This is your chance to either downsize to a secure 'lock and leave' luxury lifestyle, or to make a wise investment in your future Whether you are looking for pristine beaches, exclusive restaurants, high-end shopping, sporting, and boating facilities or art and cultural attractions, you're spoilt for choice. The Gold Coast plays host to countless activities, world heritage rainforests, lively festivals, gourmet markets, eclectic dining experiences and indulgent day spas, all within an easy stroll or a brief drive of The Penthouses. The premium half floor residences are tightly held for a reason, they boast the ultimate beachfront view, plus the hinterland, river and skyline aspects with sun-drenched balconies in the mornings and afternoons. Exclusively Listed by Tolemy Stevens of Coastal - Luxury Beachfront Specialist. www.tolemystevens.com.au 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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

3 bedrooms
2 bathrooms
1 carspace
159 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 45/20 Old Burleigh Rd is $1.39m.

Median value
$1.39m
Estimated value range
$780k - $4.55m
Median days on market
48
Estimated value trend
-4%
decrease 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 45/20 Old Burleigh Rd

2024
Sold
$1,550,000
Private Sale/Treaty on 13 Sep 2024 by Tolemy Stevens, 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 175 reviews in Surfers Paradise over the last 12 months.

Local market activity for 3 bedroom apartments in Surfers Paradise

In the last 12 months, 115 three-bedroom apartments similar to 45/20 Old Burleigh Rd, have been sold.

This represents a 3% increase in three-bedroom apartments sales when compared to the previous 12 months.

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