7/12 Paradise Island

Off Market

7/12 Paradise Island

Surfers Paradise QLD 4217

87 m²

Unit

Last sold for $275,000

Patrick Ear, last sold this property on 31 March 2021 after 63 days on market.

Overview

WATERFRONT APARTMENT ALREADY GENERATING AN INCOME - 6.52% RETURN

Waterfront apartment with stunning north easterly views. Already generating an income! 6.52% RETURN! This lovely, one bedroom waterfront apartment on Paradise Island is on the market for a immediate sale to the discerning investor or end user. Located in the beautifully maintained boutique ‘Tivoli' apartment block this property is just 400 meters from the famous golden sands of Surfers Paradise with its shops, restaurants, clubs and the light rail tram. Situated in a quiet and sought after nook on Paradise Island and with a large sun drenched balcony overlooking the gorgeous pool and canal beyond - this is the perfect setting for a relaxing glass of wine or two and a relaxing dip. Air conditioned comfort awaits inside this fully tiled, meticulously maintained and presented apartment. With a generous floor plan and great outlook this is a residence that offers comfort and a luxury lifestyle. The building is serviced by an elevator with full security underground car park, sparkling pool with spa and BBQ facilities featuring a fully covered outdoor dining and entertainment area. A permanent, friendly proactive onsite manager ensures the ongoing quality of your investment. Rent appraisal $400pw. Currently renting for $350 pw until 19th July 2021. - Stable tenants. Council - $894.65 1st Jan - 30th June Water - $359.89 16th Aug - 19th Nov Body corp - $112.35 pw Inspection is a must please call Patrick Ear on 0424237486 so he can help you with your real estate goals! We are obliged to submit every offer. CONTACT PATRICK "ALL EARS" 0424237486

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

87 m² lot size

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 7/12 Paradise Island is $580k.

Median value

$580k

Estimated value range

$200k - $950k

Median days on market

Estimated value trend

15%

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 7/12 Paradise Island

2021

Sold

$275,000

31 Mar 2021 by Patrick Ear, of Ray White Malan + Co - Broadbeach

2017

Sold

14 Dec 2017 by Bradley Brazier, of Miami Beach Realty

Happy sellers in Surfers Paradise

86%

86% 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 122 reviews in Surfers Paradise over the last 12 months.

Local market activity for 1 bedroom units in Surfers Paradise

In the last 12 months, 73 one-bedroom units similar to 7/12 Paradise Island, have been sold.

This represents a 1% decrease in one-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Surfers Paradise for a free market appraisal.

Max Kenny

at Ray White Advantage

(332 reviews)

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Jordan Thams

at Ray White Advantage

4.9

(398 reviews)

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Katrina Keegan

at Coronis Collective

4.9

(548 reviews)

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Martin Pomeroy

at McGrath Surfers Paradise

(56 reviews)

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Nearby agents

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Max Kenny

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Katrina Keegan

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