27/114 The Esplanade, Surfers Paradise, QLD, 4217

SoldAug 27, 2025

27/114 The Esplanade, Surfers Paradise, QLD, 4217

$975,000

Apartment

•

30+ days on the market

Sold: Aug 27, 2025

What's around 27/114 The Esplanade

Unbeatable Value! Level 7 Beachfront Apartment in Iconic Focus Building Investor's Dream

Perched on the 7th floor of the sought-after building at 114 The Esplanade, Unit 27 delivers uninterrupted, panoramic ocean views from multiple vantage points. Located directly opposite one of Surfers Paradise's pristine patrolled beaches and just a short 5-minute stroll to Cavill Avenue, this apartment offers the ideal coastal lifestyle, tranquil, yet steps from everything. Spanning a total of 144 square meters, this beautifully maintained apartment features 3 spacious bedrooms, 2 bathrooms, and a large separate laundry. With multiple balconies and generous open-plan living, you'll enjoy ocean breezes and natural light throughout the day. Fully furnished and move-in ready, it's perfect as a permanent residence, holiday home, or high-return investment. Additional features include: - Reverse cycle air-conditioning and ceiling fans in all rooms - Well-appointed kitchen with dishwasher and microwave - Oversized 7-meter lock-up garage with ample storage space - Building amenities include: - Ample visitor parking for over 20 cars - Recently renovated heated pool (just 6 months old) - Relaxing spa - Full-size tennis court, basketball court, table tennis room & compact gym - Two expansive BBQ areas under cover - Beautiful landscaped gardens on a large parcel of land with strong future development potential Investment Highlight: - Currently working on a month to month lease - Strong rental return of $1020 p.w - with scope to increase to $1200 p.w. in the future This is a rare opportunity to secure a spacious oceanfront property in the heart of Surfers Paradise. Currently tenanted at $820 per week, it offers solid rental income from day one, with strong potential for future growth. Whether you're looking to invest, move in later, or explore holiday letting down the track, this property is an exceptional all-rounder. Act fastopportunities like this don't come often!