SoldNov 11, 2025

11/40 Burra St, Surfers Paradise, QLD, 4217

$580,000

1
1
1
43 m²
73 m²

Unit

30+ days on the market

Sold: Nov 11, 2025

What's around 11/40 Burra St

FULLY FURNISHED GROUND-LEVEL HOME OR PROFITABLE AIRBNB!

If you have been looking for a solution to an affordable airbnb with strong returns, or the perfect first step into the Gold Coast market, this property could be a perfect match! Discover the charm of Chevron Island with this affordable apartment that offers the perfect blend of comfort and convenience. Located on Burra Street, this one-bedroom, one-bathroom unit is an ideal choice for first-time buyers or investors looking to secure a spot in this vibrant community. Enjoy the lifestyle benefits of a north-facing aspect, along with outdoor entertaining and an in-ground pool, perfect for the best of a coastal lifestyle. Chevron Island is renowned for its lively atmosphere and close-knit community. You'll find a variety of cafes, boutiques, and entertainment options just a short stroll away, making it a sought-after locale for those who enjoy an active lifestyle. With easy access to nearby Surfers Paradise and the Gold Coast's pristine beaches, you'll never be short of leisure activities. This unit is also equipped with essential modern comforts such as air conditioning and ceiling fans, ensuring a pleasant living environment year-round. Don't miss this opportunity to secure a piece of Chevron Island, act quickly to make this your new home or investment property! PROPERTY HIGHLIGHTS: - Open living and full kitchen - Large patio with plenty of space for outdoor entertaining/relaxation - Updated tile flooring throughout the whole property and wall tiles in bathroom - Bedroom with built in robe and sliding-door access to patio - Combined bathroom and laundry for added convenience - Secure allocated car space in basement - Air Conditioning in living and bedroom as well as updated ceiling fans - Enjoy the lifestyle bonus of a tropical in-ground pool and separate spa - Building freshly painted and tiled in recent months LOCATION LIFESTYLE: - Convenience stores, cafe's and restaurants just a 5 minute walk - Within a 10 minute walk to HOTA performing arts centre and weekly local marketplace - Beach Proximity: Just a 20-minute walk to the iconic Surfers Paradise beach - Public Transport: Easy access to buses and the G:link tram, connecting you to suburbs across the Gold Coast and also up to Brisbane FINANCIALS: - Airbnb has a 95% occupancy rate, to sustain occupancy, seasonal rates vary from $120 per night - $400 per night and $2,000 - $4,000 per week - Rental appraisal $550 - $600 weekly approx. - Council rates $1,492 half-yearly approx. - Water rates $351 quarterly approx. - Please contact us for the Form 2, as well as all financial details, including body corp fees and current airbnb income statements 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. * denotes approximate measurements.

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