Back 5/23 Thomas Dr
Off Market

5/23 Thomas Dr

Surfers Paradise QLD 4217

1
1
Apartment
Last sold for $209,000
Jesse SmithJesse Smith, last sold this property on 21 February 2021 after 125 days on market.

Overview

Great Rental Return, Low out-goings, Prime central location.

Open plan living/dining with a combined bathroom and laundry. This furnished, one-bedroom apartment is currently tenanted at $275 a week. The body corporate is a low $25.96* per week. Apartment 5 is on the first floor of 'Belgrade'. The complex is situated on a 544*sqm block with a total of only seven apartments. Each apartment has access to one off-street car park. Located on Chevron Island, it is only a short walk to the local shops, cafes and restaurants. Chevron Island is only a 5* minute walk to the spectacular beaches of Surfers Paradise. This apartment is perfect for a first home buyer or anyone who is looking to expand their property portfolio. * Open plan living/dining * Small block of only 7 apartments * Off-street parking * Low body corporate fees of $25.96* per week * Property comes furnished * Development zone: High-Density Residential * Great location close to Chevron Village, CBD, shops, and beaches. * An absolute must see. Please note that if you are currently not able to inspect the property and wish to do a live private video inspection I can arrange this for you. This property must be sold. Arrange your inspection today! Just over the bridge from Chevron Island is the magnificent and popular Surfers Paradise. Chevron Island keeps itself separated from the wild nightlife and noise of Surfers Paradise, but is still within walking distance to all of Surfers Paradise's restaurants, bars, supermarkets and tourist attractions. 23 Thomas Drive is only 300m* (2* minute walk) from the recently opened Green Bridge connecting Chevron Island to the Home of the Arts (HOTA). More on HOTA: The next stage at the HOTA is the HOTA Gallery in 2021. $60.5 million art gallery will become a cultural beacon and a must-see destination for residents and visitors. With an art hotel, creative industries, cafes, and other facilities, HOTA will come alive with 24-hour activity and world-class arts and cultural programs. See the master plan here: http://goldcoastculturalprecinct.info/masterplan *approx

Features

1 bedroom
1 bathroom
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 5/23 Thomas Dr is $630k.

Median value
$630k
Estimated value range
$190k - $1.93m
Median days on market
44
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 5/23 Thomas Dr

2025
Rented
Undisclosed
Leased on 19 Oct 2025 by HART's Real Estate
2023
Rented
Undisclosed
Leased on 13 Aug 2023 by HART's Real Estate
2023
Rented
Undisclosed
Leased on 17 Feb 2023 by HART's Real Estate

Happy sellers in Surfers Paradise

86%
86% 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 122 reviews in Surfers Paradise over the last 12 months.

Local market activity for 1 bedroom apartments in Surfers Paradise

In the last 12 months, 202 one-bedroom apartments similar to 5/23 Thomas Dr, have been sold.

This represents a 33% increase in one-bedroom apartments sales when compared to the previous 12 months.

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