Back 54/19 Orchid Ave
Off Market

54/19 Orchid Ave

Surfers Paradise QLD 4217

1
1
Unit
Ryan MilliganRyan Milligan, last sold this property on 27 August 2023 after 115 days on market.

Overview

Great Beachside Location With Clear Ocean Views - Genuine 1 Bedroom Unit - Bring All Offers !

Currently the cheapest genuine 1 bedroom unit in all of Surfers Paradise! Must be sold! Located in the heart of Surfers Paradise, this genuine one-bedroom apartment is an investment opportunity not to be missed! With glimpses of the ocean and surrounded by all central Surfers Paradise has to offer, those looking for somewhere to call home will have an enviable lifestyle to enjoy. The famous Surfers Paradise beach is just a short walk, and so are dozens of cafes, restaurants, and bars with the convenience of the light rail almost at your doorstep. No need for a car here as a short walk takes you to all the other amenities nearby including supermarkets, pharmacies, and entertainment options where you can meet friends and family. The apartment would suit singles, couples, or potentially those looking to hold a piece of central Surfers Paradise real estate that potentially could be re-developed as has been happening throughout this tourist haven. Property Details Include: - 100m stroll to beach - 5th floor North East facing aspect - Clear easterly views of the ocean from the balcony - Genuine one bedroom plus separate living area apartment - Ideal for the holiday investment and personal use - Right in the heart of Surfers Paradise restaurants and bars precinct - Currently leased until November 29th 2023 for $500.00 per week - Rental Appraisal : $500 - $550 per week approx - Access to building from Orchid Avenue - The building is serviced by a lift - No car space sorry - BC fees are $425* approx pw - Seller's instructions are clear - they want this sold now! Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Surfers Paradise over the last 12 months, the estimated median property value of 54/19 Orchid Ave is $550k.

Median value
$550k
Estimated value range
$200k - $920k
Median days on market
42
Estimated value trend
12%
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 54/19 Orchid Ave

2023
Sold
Undisclosed
27 Aug 2023 by Ryan Milligan, of Ray White Benowa
2023
Sold
Undisclosed
Private Sale/Treaty on 31 Jan 2023 by Ben Adams, of Ray White Benowa
2022
Rented
Undisclosed
Leased on 24 Jan 2022 by A.F.G. Realty

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 1 bedroom units in Surfers Paradise

In the last 12 months, 80 one-bedroom units similar to 54/19 Orchid Ave, have been sold.

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

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