1/1-8 Paradise Island
Surfers Paradise, QLD 4217

Overview

Bright, Renovated 1-Bedroom Apartment in Surfers Paradise -...

This spacious and fully furnished one-bedroom courtyard apartment is an excellent opportunity for investors or those seeking a vibrant coastal lifestyle in a prime location.

Located within the Paradise Island Resort, the apartment enjoys a prime corner position on Paradise Island, which is one of the top three islands in the coastal area, nestled between Cavill Island and Capri Island. The resort itself spans approximately 4.5 acres, featuring beautifully landscaped tropical gardens and palm trees that create a serene and inviting environment.

The resort offers a range of attractive facilities including two large pools, one of which is semi-heated, a spa and jacuzzi, a rock waterfall, and a well-equipped gym with stunning water views. Additional amenities include a sauna, a double-height lobby with staffed reception available seven days a week, and security staff covering night hours.

Outdoor features include two fully covered electric BBQ areas with tables, perfect for hosting events, a jetty ideal for fishing, and a pontoon where small vessels such as jet skis can be docked. The extensive landscaping provides several resting areas surrounded by palm trees, offering peaceful spots to relax and enjoy the evening ambiance.

The apartment currently performs well as an Airbnb investment, generating approximately $45,000 annually, with potential growth to $55,000 to $60,000 or more. This highlights the strong investment potential of the property.

Additional features of the resort include a well-maintained tennis court with artificial turf, visitor parking, and one conveniently located underground car park space included in the sale.

Council rates are approximately $1,500 per semester, water and sewerage charges are around $350 per quarter, and body corporate fees are approximately $1,300 per quarter. These outgoing fees are considered affordable for this type of resort-style living on the water, especially given the extensive amenities available.

This property represents a rare opportunity, ideal for savvy investors or those dreaming of a beachside home in a sought-after coastal location.

Disclaimer: While every effort has been made to ensure the accuracy of the details in this advertisement, prospective buyers or tenants should undertake their own investigations to satisfy themselves of any pertinent matters.

Location