Back 7/16 Peninsular Drive
Off Market

7/16 Peninsular Drive

Surfers Paradise QLD 4217

1
1
0 m²
Apartment
Last sold for $430,000
Ben LatimerBen Latimer, last sold this property on 22 July 2025 after 195 days on market.

Overview

Relax, Refresh, Revive: Your Modern Getaway in Surfers Paradise

Welcome to Arosa, a boutique complex of only 8 apartments. Unit 7 has been completely renovated from floor to ceiling with modern, sleek fittings and fixtures. Located on the top level and within walking distance to the center of Surfers Paradise, Beach, Tram and all the wonderful attractions on offer. Featuring: - Just 1km to the Beach: Enjoy the convenience of being just a short stroll from the iconic Surfers Paradise beach. Whether you're looking to relax by the ocean or engage in water sports, the beach is right at your doorstep. - Top Floor Position: Located on the top floor of the building, this apartment offers increased privacy, peaceful surroundings, and sweeping views of the local area. Enjoy the added benefit of fewer neighbors and more natural light. - Quiet Location: Despite being in the heart of Surfers Paradise, the apartment is positioned in a quiet area, providing a serene retreat away from the hustle and bustle. Perfect for unwinding after a day of exploring the local attractions or working remotely. - 1 Spacious Bedroom: Modern finishes with ample storage and a comfortable layout. Fully Furnished: All furniture, appliances, and fittings are included, offering a turnkey solution for potential tenants or guests. New Renovations: Recently updated to include: - Chrome Homestay Sink: A sleek, modern addition to the kitchen, enhancing functionality and style. - Air Conditioning in the Kitchen: Keeping the apartment cool and comfortable in the warmer months. - Sliding Barn Doors: Installed to the ensuite and bedroom, providing an elegant touch and saving space. - New Flooring: Freshly installed flooring throughout, adding to the contemporary look and feel of the apartment. - Prime Location: Just moments away from the famous Surfers Paradise beaches, shops, restaurants, and public transport. - Airbnb Ready: Currently operating as a well-performing Airbnb property. Key Financial Details: - GCCC / Water rates: Included in strata - Body Corporate Fees: $124 per week approx - Rental estimate of $550 - $600 per week approx With the current Air BNB setup and rental appraisal, this apartment is an excellent opportunity for investors looking to capitalize on a thriving market. Don't miss out on the chance to secure your own piece of Surfers Paradise. Contact us today for further details or to arrange an inspection.

Features

1 bedroom
1 bathroom
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 7/16 Peninsular Drive is $600k.

Median value
$600k
Estimated value range
$190k - $1.93m
Median days on market
39
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 7/16 Peninsular Drive

2025
Rented
Undisclosed
Leased on 29 Aug 2025 by Area Specialist - QLD
2025
Sold
$430,000
Private Sale/Treaty on 22 Jul 2025 by Ben Latimer, of LJ Hooker Southport
2024
Sold
$340,000
Private Sale/Treaty on 29 May 2024 by Ben Latimer, of LJ Hooker Southport

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 187 reviews in Surfers Paradise over the last 12 months.

Local market activity for 1 bedroom apartments in Surfers Paradise

In the last 12 months, 250 one-bedroom apartments similar to 7/16 Peninsular Drive, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

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