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Back 500/42 Surf Parade
Off Market

500/42 Surf Parade

Broadbeach QLD 4218

2
2
1
Apartment
Dean CouperDean Couper, last sold this property on 15 January 2014 after 87 days on market.

Overview

Super Rent Return, Central Broadbeach

Excellent investment returns. Get the most rent possible with this uniquely designed beachside residential apartment. The property is a 2 bedroom apartment designed as 2 separate one bedroom apartments and rented out to 2 separate tenants. Yes that's right 2 tenants and 2 rent payments one of $290 per week and the other $300 per week in total $590 per week. This is a Rare and uniquely designed dual key apartment situated on the 5th floor in a popular residential building boasting exciting city and river views. Savannah is located in the heart of Broadbeach, only a short walking distance to the beach, Pacific fair shopping centre, gourmet cafes, Convention centre and Jupiter's Casino. Currently Rented to holiday tenants but can easily be converted to permanent tenants. Some of the features are; * 5th floor , Sunny North aspect, Great River Views * 2 bedrooms * 2 bathrooms * interior finishes * 2 balconies * laundry * Full furniture package * Air-conditioning both units * 2 Fully equipped kitchens with appliances * Secure basement car parking * good condition Expenses include Body corporate $130 per week ($6,760 per year) Council rates $750.10 last 6 months The building boasts some great facilities which include; a heated outdoor pool, spa, and BBQ area set in superb landscaped surrounds along with gymnasium, sauna, children's playground cafandeacute; restaurant, day spa and conference facilities. This offering represents a rare, flexible and high yielding investment opportunity in one of the fastest growing regions in Australia

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Broadbeach over the last 12 months, the estimated median property value of 500/42 Surf Parade is $1.21m.

Median value
$1.21m
Estimated value range
$700k - $2.57m
Median days on market
33
Estimated value trend
15%
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 500/42 Surf Parade

2026
Rented
Undisclosed
Leased on 24 Feb 2026 by RE/MAX Property Centre
2020
Rented
Undisclosed
Leased on 03 Jul 2020 by Coupers Real Estate
2014
Sold
15 Jan 2014 by Dean Couper, of Coupers Real Estate

Happy sellers in Broadbeach

88%
88% 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 41 reviews in Broadbeach over the last 12 months.

Local market activity for 2 bedroom apartments in Broadbeach

In the last 12 months, 188 two-bedroom apartments similar to 500/42 Surf Parade, have been sold.

This represents a 12% increase in two-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)
  •  12 Reviews in Broadbeach
  •  20 Sales in Broadbeach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Broadbeach.  They have 4 local sales and collected 6 local reviews across the last 12 months.

  •   5   (34 reviews)
  •  6 Reviews in Broadbeach
  •  4 Sales in Broadbeach
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Lara Faliu

Sellers who recommend Lara Faliu have praised them for being clear communication, local expert, responsive, friendly, reliable, easy to work with and great negotiation

  •   5   (46 reviews)
  •  6 Reviews in Broadbeach
  •  3 Sales in Broadbeach
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Peter Cusack

Peter Cusack is a recommended agent for Broadbeach.  They have 4 local sales and collected 5 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  5 Reviews in Broadbeach
  •  4 Sales in Broadbeach
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