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Location

Market Insights for Surfers Paradise QLD 4217

New Listings (last 30 days)

Average price

$912,800

Lowest price

$579,000

Highest price

$1,700,000

516/22 View Avenue, Surfers Paradise QLD 4217

$219,000

Search Band

$219k - $230k Transparent Based on an openly advertised listing price.

Unit 1 bed 1 bath

Listed: 55 days ago

Updated: 47 days ago

Overview

Situated on the fifth floor of the renowned Mantra on View Hotel in Surfers Paradise, this fully furnished studio unit provides a unique entry-level investment opportunity in a high-demand tourist locale on the Gold Coast. The apartment's private balcony offers a tranquil cityscape outlook, enhancing the appeal for both holiday visitors and business travellers seeking comfortable accommodation close to the beach and vibrant local attractions.

The property's flexible management options cater to diverse investor preferences, allowing for self-management, listing via short-term rental platforms, or participation in the onsite letting pool. This versatility supports a low-maintenance investment strategy ideal for those seeking an income-generating asset without extensive hands-on involvement.

One studio bedroom with modern bathroom facilities
Fully furnished and air-conditioned for comfortable year-round living
Access to hotel amenities including a day spa, restaurant, bar, conference rooms, and gym when rented through Mantra
Paid car parking options available
Prime location within walking distance to shops, cafés, nightlife, and the beach

This property appeals to investors targeting holiday rental income in a sought-after coastal destination. Its strategic location, combined with existing hotel services, ensures steady demand and optimal convenience. Prospective buyers should consider financing conditions specific to hotel apartment purchases, often favouring cash unconditional offers with rapid settlement.

Local Market Insights

In Surfers Paradise, Quiet Listings observed 10 new units entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $912,800. The property type mix of listed properties is predominantly Apartments at 60%, followed by houses (23%), and units (6%). The most active agency for units in the Surfers Paradise area is currently Ray White, representing 40% of new listings, followed by McGrath Estate Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.