Back 9/74 The Esplanade
Off Market

9/74 The Esplanade

Burleigh Heads QLD 4220

2
1
1
135 m²
Apartment
Last sold for $899,000
Braiden SmithBraiden Smith, last sold this property on 08 September 2022 after 74 days on market.

Overview

Blue Chip Burleigh Investment!

The rare opportunity has presented itself for the astute investor to add a blue-chip property holding to their portfolio & to secure their very own piece of the world-renowned Burleigh Heads beachfront. The 'Burleigh Units' is an original brick and tile building comprising of just 13 units on a generous 1,12M2 beachfront allotment ripe for future redevelopment & developer interest STCA. The unit has low holding costs at just $64.00 p/week body corporate and a rental yield in the vicinity of $700.00-$750.00 p/week. Beachfront land in Burleigh Heads is quickly being developed & bought out by large investment funds with a limited supply of original buildings left for re-development. Positioned perfectly on the Esplanade, you're only a few steps from basking in the beauty of Burleigh Heads beach, famous for its world-renowned surf break, iconic headland, and stunning nature reserve. If you feel like venturing into town, it's just a short, easy stroll to James Street, Burleigh's popular shopping precinct with its bustling cafes, award winning restaurants, two supermarkets, organic health food shop, designer fashion and homeware boutiques and vibrant community. This quality beachside unit enjoys plenty of natural light, vinyl plank flooring throughout and your own north facing balcony. Featuring an open plan lounge, dining with access to the balcony, a neat and tidy kitchen with plenty of cupboard space and two bedrooms both with built-ins and ceiling fans. Also has easy access off the Esplanade to a single undercover car space. - $63.00 per week body corporate - $700.00-$750.00 p/w rental return - Located on 2nd floor in a small well-maintained boutique block - One of only 13 units sitting atop 1012sqm of prime beachfront land. - Open plan design, with natural light & access to the balcony - Neat and tidy kitchen with electric cooking & plenty of cupboard space - 2 bedrooms both with built ins and ceiling fans - North facing balcony - Easy access under the building to the single car space - No lift, pool, or on-site manager costs in this well-built block - Located on the Esplanade directly across from pristine Burleigh Beach - 550m walk to the popular James Street hub with trendy cafs, restaurants & shopping boutiques - Walking distance to transport, surf clubs and Woolworths in Burleigh - 10-minute drive to M1 Pacific Motorway - 10-minute drive to Robina - 20-minute drive to Coolangatta Airport & Tweed - 45 minutes to outskirts of Brisbane 60 minutes to Brisbane Airport

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
135 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Burleigh Heads over the last 12 months, the estimated median property value of 9/74 The Esplanade is $1.37m.

Median value
$1.37m
Estimated value range
$910k - $3.8m
Median days on market
49
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Burleigh Heads. 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 9/74 The Esplanade

2023
Rented
Undisclosed
Leased on 30 Jul 2023 by PRD Real Estate Burleigh Heads
2022
Rented
Undisclosed
Leased on 28 Nov 2022 by PRD Real Estate Burleigh Heads
2022
Sold
$899,000
08 Sep 2022 by Braiden Smith, of PRD Real Estate Burleigh Heads

Happy sellers in Burleigh Heads

89%
89% of sellers in Burleigh Heads reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 56 reviews in Burleigh Heads over the last 12 months.

Local market activity for 2 bedroom apartments in Burleigh Heads

In the last 12 months, 49 two-bedroom apartments similar to 9/74 The Esplanade, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

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