Back 701/40 Surf Parade
Off Market

701/40 Surf Parade

Broadbeach QLD 4218

1
1
1
94 m²
2996 m²
Apartment
Last sold for $700,000
Shaun BourkeShaun Bourke, last sold this property on 01 June 2025 after 20 days on market.

Overview

TASTEFULLY RENOVATED - NEW YORK STYLE LOFT APARTMENT

Located on the top floor and spread over two levels is this unique apartment, just 200m from the beachside in Broadbeach, that has been completely re-modelled and renovated to a very high standard. With stunning views of the Gold Coast city and the hinterland, this versatile apartment that is perfect for the astute investor! Features: * Designer kitchen with lots of bench space * Dishwasher, wine fridge and washing machine * Easy care, large tiles throughout * North facing balcony from lounge living area * Internal staircase to upstairs bedroom with two more balconies * Air conditioned throughout with ceiling fans * Fully furnished and equipped * North/south facing spread over the 7th and 8th floors * 1 secure car space * Large floorplan, approx. 94sqm in size Building Features: * Secure building * Secure carpark * In ground pool and spa * BBQ area Property specifics: * Body Corporate: Approx. $158 per week * Sinking Fund Balance: $807,906.60 * Council and Water Rates Combined: Approx. $7,492 per annum * Current Rental Income: $795 per week * Lease Expiry: 19th February 2027 Right on your doorstep is Cora Restaurant, Hideaway Kitchen and Bar, The Star Casino and you are within walking distance to the G-Link tram, Broadbeach's best restaurants and cafés, beaches and Pacific Fair Shopping Center. Call Shaun Bourke on 0404 649 537 to arrange your inspection! 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 purchasers should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
94 m² floor area
2996 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Broadbeach over the last 12 months, the estimated median property value of 701/40 Surf Parade is $720k.

Median value
$720k
Estimated value range
$450k - $2.9m
Median days on market
35
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Broadbeach. 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 701/40 Surf Parade

2025
Sold
$700,000
01 Jun 2025 by Shaun Bourke, of Coastal Broadbeach
2025
Rented
Undisclosed
Leased on 15 Feb 2025 by Coastal° Property Agents
2023
Sold
$537,000
23 Apr 2023 by Shaun Bourke, of Coastal Broadbeach

Happy sellers in Broadbeach

85%
85% of sellers in Broadbeach reported that their sale price either exceeded or met their price expectations.

Broadbeach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Broadbeach over the last 12 months.

Local market activity for 1 bedroom apartments in Broadbeach

In the last 12 months, 55 one-bedroom apartments similar to 701/40 Surf Parade, have been sold.

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

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