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Back 506/40 The Esplanade
Off Market

506/40 The Esplanade

Surfers Paradise QLD 4217

2
1
1
74 m²
4001 m²
Apartment
Last sold for $585,000
Rob PatisRob Patis, last sold this property on 02 December 2025 after 41 days on market.

Overview

'The Sands' Surfers Paradise - Iconic Beachfront Building, Metres to Cavill Ave

INTERESTED? - PLEASE REGISTER WITH AGENT TO ATTEND VIEWING ON THURSDAY 20/11/2025 AT 12PM - NO WALK-INS TO OPEN HOME! 2 Bedrooms 1 Bathroom 1 Car Space 74 Square Metres Bargain at $585,000 The Sands Apartments Surfers Paradise offer a retro transition back to the golden days of beachfront family holidays on the Gold Coast in the 1960's. Having undergone many restorations and improvements over the years, the building still holds its architectural charm of that era and sits on one of the most sought after 4001 square beachfront blocks on the Gold Coast, with unrestricted height restrictions for future development. Current restorations see the beachfront swimming pool area being completely transformed with work due for completion mid November 2025. On offer we are proud to offer a 1 bedroom plus study ( which has been converted to a second bedroom ) unfurnished apartment facing north east looking directly at the ocean from its level 5 position in the building. There's a permanent tenant in place until May 2026 paying $685 per week. Outgoings are as follows; Body corporate levies - $14,851.84 per year Council rates - $4,002.94 per year Water rates - $1,460.16 per year One undercover parking space included on title. 5 minute walk to Cavill Avenue Patrolled beach opposite Restaurants and cafes are so close Never to be built out beach view Be quick, contact the exclusive agent Rob Patis from City Group Realty today on 0400 700 700

Features

2 bedrooms
1 bathroom
1 carspace
74 m² floor area
4001 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 506/40 The Esplanade is $875k.

Median value
$875k
Estimated value range
$108k - $2.77m
Median days on market
42
Estimated value trend
8%
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 506/40 The Esplanade

2025
Sold
$585,000
Private Sale/Treaty on 02 Dec 2025 by Rob Patis, of _Archived_City Group Realty
2024
Rented
Undisclosed
Leased on 05 Nov 2024 by Harcourts Mudgeeraba
2024
Rented
Undisclosed
Leased on 04 Nov 2024 by Harcourts Mudgeeraba

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 188 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom apartments in Surfers Paradise

In the last 12 months, 469 two-bedroom apartments similar to 506/40 The Esplanade, have been sold.

This represents a 18% 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 Surfers Paradise

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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)
  •  36 Reviews in Surfers Paradise
  •  76 Sales in Surfers Paradise
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Max Kenny

Sellers who recommend Max Kenny have praised them for being clear communication, local expert, responsive, honest, reliable, well-prepared and friendly

  •   5   (320 reviews)
  •  49 Reviews in Surfers Paradise
  •  34 Sales in Surfers Paradise
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Jordan Thams

Sellers who recommend Jordan Thams have praised them for being clear communication, local expert, responsive, reliable, honest, well-prepared and great negotiation

  •   4.9   (394 reviews)
  •  31 Reviews in Surfers Paradise
  •  38 Sales in Surfers Paradise
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Martin Pomeroy

Martin Pomeroy is a recommended agent for Surfers Paradise.  They have 22 local sales and collected 13 local reviews across the last 12 months.

  •   5   (49 reviews)
  •  13 Reviews in Surfers Paradise
  •  22 Sales in Surfers Paradise
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