Back 6/8 Monaco St
Off Market

6/8 Monaco St

Surfers Paradise QLD 4217

2
1
1
Unit
Last sold for $391,000
Andrew HudsonAndrew Hudson, last sold this property on 22 August 2022 after 14 days on market.

Overview

2-bed unit in small block of 8 - 500m To Beach & future development potential!

Investor, first home buyer or wanting to downsize in a perfect location, then this is the perfect unit for you. This is entry level pricing in a prime position on the border of Surfers Paradise and Broadbeach where you are in walking distance to the light rail, white sandy beaches, Surfers Paradise and the trendy cafes & restaurants in Broadbeach. With Pacific Fair, The Star Casino complex, and the convention centre close by, you will satisfy all your shopping and entertainment needs. With its location and being one of only a small block of eight units, the future redevelopment potential here is sky high, making it very appealing for the savvy investor and an opportunity not to be missed. Currently tenanted for $390 per week until 27th November 2022 Property snapshot: - Open plan kitchen and living area - Two decent size bedrooms with built in robes - Plenty of storage - Single carport - Internal laundry - Body corporate fee = approx. $36 per week - Council Rates = approx. $1125 per 6 months Location profile - Approx. 150m to G: link (Light Rail) - Approx. 500m to beach (walking distance) - Minutes away is Surfers Paradise or Broadbeach Call Andrew Hudson on 0405 407109 to discuss further. 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, inaccuracies, or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Surfers Paradise over the last 12 months, the estimated median property value of 6/8 Monaco St is $816k.

Median value
$816k
Estimated value range
$500k - $1.5m
Median days on market
36
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 6/8 Monaco St

2022
Sold
$391,000
22 Aug 2022 by Andrew Hudson, of Harcourts Innovations
2021
Rented
Undisclosed
Leased on 02 Dec 2021 by Harcourts Innovations
2021
Rented
Undisclosed
Leased on 02 Dec 2021 by Harcourts Innovations

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 157 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom units in Surfers Paradise

In the last 12 months, 102 two-bedroom units similar to 6/8 Monaco St, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

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