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5409/88 The Esplanade, Surfers Paradise, QLD 4217, 2 Bedrooms, 2 Bathrooms, Unit

$1,300,500 - Priced To Sell

5409/88 The Esplanade, Surfers Paradise, QLD 4217

2
2
1
108m2
UnitListed on Wed Aug 21

Surfers Paradise 2 Bedroom Beachfront Sky Home on the 54th Floor

Imagine owning on the 54th floor in an exclusive resort right on the beachfront. Then welcome to Unit 5409 located in the prestigious Oceans Residences. This magnificent 108sqm retreat boasts breathtaking south-east facing views, stretching towards Burleigh and Broadbeach, creating a picturesque backdrop for your dream home or savvy investment.

The sleek, modern design of this open-plan oasis is expertly crafted to maximize the stunning vistas. Two spacious bedrooms, positioned on opposite ends, offer serene havens with incredible views and unparalleled privacy. The master bedroom features an opulent ensuite, while the shared bathroom conveniently services the second bedroom. The study creates a versatile space for an office of extra guest room.

The open plan living and dining area is bathed in natural light, showcasing the awe-inspiring views of the coastline from Surfers Paradise, Broadbeach, Burleigh to Coolangatta.

The gourmet kitchen is a culinary delight, featuring sleek stone benchtops, gas cooktop, oven, dishwasher, and integrated wine rack, perfect for entertaining. Ample storage is provided with a spacious 2m x 2m x 2m unit.

Experience the ultimate in coastal luxury living in apartment 5409.

??Investment Opportunity

Alternatively, take advantage of the property's existing tenancy and secure a strong investment opportunity. With a steady rental income stream, this property provides a solid foundation for your investment portfolio. The large block size and potential for renovation also offer scope for future development, making it an attractive option for savvy investors looking to capitalize on the growing demand for housing in the area.

Currently tenanted:

Rent: $990.00 per week

Lease: Periodic

Location:

- Opposite the beach

- Never to be built out

- Tram stop behind the building

- Minutes walk to an array of retaurants, bars, shopping and activities

Outgoings:

- Body Corporate Rates - $7,484.20 per year approx

- Council Rates - $2,635.08 per year approx

- Water Rates - $1,495.76 per year approx

Features & Facilities of the Oceans Building:

? 24-hour Concierge

? Swimming Pools

? Indoor Pool (Level 33) Exclusive use for residents 34 and above

? Outdoor Pool (Level 5)

? Indoor Spa

? Indoor Steam Rooms

? Indoor Saunas

? Fully Equipped Gymnasium

? Cafe

? Onsite Management

? Full Security

? Pet Friendly

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Surfers Paradise State School
2.00 km
Primary
Prep-6
Government
icsea: 1022
Keebra Park State High School
3.27 km
Secondary
7-12
Government
icsea: 967

Property history

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For developers

lot5
planSP305975
zoneCodeHIGH DENSITY RESIDENTIAL
primaryZoneDescriptionHIGH DENSITY RESIDENTIAL
URLhttps://www.goldcoast.qld.gov.au/planning-and-building/city-plan-2015-19859.html

Surfers Paradise surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6001/88 The Esplanade, Surfers Paradise
0.02 km
2
2
104m2
Year 2024 Month 10 Day 16
$980,000
Council approved
4212/88 The Esplanade, Surfers Paradise
0.02 km
2
2
-m2
Year 2024 Month 10 Day 09
-
Council approved
5708/88 The Esplanade, Surfers Paradise
0.00 km
2
2
-m2
Year 2024 Month 10 Day 01
$1,475,000
Council approved
6201/84-88 The Esplanade, Surfers Paradise
0.01 km
2
2
-m2
Year 2024 Month 07 Day 09
-
Council approved
6107/88 The Esplanade, Surfers Paradise
0.02 km
2
2
-m2
Year 2024 Month 07 Day 04
$1,510,000
Council approved

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Ref:25P1743Last update:2024-11-22 04:00:45