Back 503/89 Surf Parade
Off Market

503/89 Surf Parade

Broadbeach QLD 4218

1
1
1
81 m²
Apartment
Last sold for $750,000
Sally O'NeillSally O'Neill, last sold this property on 11 August 2025 after 34 days on market.

Overview

Prime Beachside Investment - Fully Furnished Apartment in The Wave, Broadbeach

This immaculately presented, fully furnished 1-bedroom apartment with a flexible multipurpose room is perfectly positioned in the iconic Wave building, right in the heart of Broadbeach. Offering an effortless blend of style, comfort and unbeatable location, this is an exceptional opportunity for investors and lifestyle buyers alike. Currently leased to a fantastic tenant who would love to stay on, the property also has approval for holiday letting – providing excellent flexibility and income potential. Alternatively, it can be sold with vacant possession, giving you the freedom to move in or rent it out immediately. Property Features: - Fully furnished 1-bedroom apartment in the award-winning Wave building - Additional multipurpose room – ideal as a home office, guest room or second bedroom - Light-filled open-plan living and dining flowing to a private balcony - Overlooks the newly refurbished resort-style pool and BBQ area - Roof top pool and spa - Secure basement car space - Quality finishes, stone benchtops, and modern appliances throughout - Currently tenanted with an excellent occupant who wishes to stay - Approved for holiday letting – excellent income potential - Can be sold with vacant possession - Access to premium facilities including pool, spa, gym and BBQ areas Why live in Broadbeach? Broadbeach delivers the ultimate coastal lifestyle – world-class dining, luxury shopping at Pacific Fair, buzzing nightlife, The Star Casino, and golden beaches just steps from your door. It's a vibrant, walkable hub with something for everyone - perfect for investors, downsizers, professionals or anyone chasing that ideal beach-meets-city lifestyle. 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, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
81 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 503/89 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 503/89 Surf Parade

2025
Sold
$750,000
11 Aug 2025 by Sally O'Neill, of Belle Property Hope Island
2020
Sold
$508,500
Private Sale/Treaty on 05 Nov 2020 by Mal Pendo, of Lucy Cole Prestige Properties

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 53 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 503/89 Surf Parade, have been sold.

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

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