This isn't just another one-bedroom apartment - it's an opportunity to secure a foothold in one of the Gold Coast's most recognised and tightly held locations.
Positioned in the heart of Surfers Paradise, this east-facing apartment captures natural light and cooling sea breezes, with ocean views enjoyed from both the living area and private balcony. Just a short stroll to the beach, cafés and lifestyle attractions, the location speaks for itself.
Low Entry Into a High-Growth Area
Opportunities like this are becoming increasingly rare. This property offers an accessible entry point into Surfers Paradise without the premium price tag often associated with the area - making it ideal for investors or those looking to secure a strategic asset.
It's Not Just the Apartment… It's the Position
The real value lies beyond the walls. Set within an established building, this apartment represents the kind of buying opportunity that savvy purchasers look for - strong location, walkability, and long-term upside in an area continuing to evolve and grow.
A Strategic Purchase
This is all about smart buying. A well-located, low-maintenance property with future potential, consistent rental appeal, and the flexibility to add value through a light renovation or explore short-term letting potential (subject to approvals).
Currently tenanted at $460 per week until October, delivering immediate income from day one. A recent rental appraisal suggests the property could achieve $500–$550 per week, presenting a strong opportunity to increase returns in the near future.
Key Features:
• 1 bedroom, 1 bathroom
• East-facing aspect with ocean views
• Light-filled living flowing to private balcony
• Walk to the beach, light rail, shops & dining
• Ideal for investors or interstate purchasers
Outgoings (approx.):
• Council Rates: $1,450 per 6 months
• Water: $280 per quarter
• Body Corporate: $97 per week
If you've been waiting for the right opportunity to secure a position in the Surfers Paradise market - this is one worth your attention.
Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
