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114/40 The Esplanade, Surfers Paradise$455,000
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114/40 The Esplanade

Surfers Paradise, QLD 4217, Australia
$455,000
1 bed 1 bath

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About this property

What a position! Unit 114 situated in the Orchid Wing at The Sands in the heart of Surfers Paradise, this is a fantastic opportunity to secure an original unit conveniently located in Surfers Paradise. Highly desirable, with possible future redevelopment potential, this apartment has been priced to sell. This 1 bedroom apartment is presented in clean and comfortable original condition. Offering tiled living areas, a spacious balcony, a practical kitchen, generous bedroom with built-in robe and a large bathroom with excellent foundation for future upgrades. Positioned on the Orchid Wing (no ocean view), an inspection will reveal just how much potential this apartment has. Properties in "The Sands" have been owned by some of Australia's leading business families including Kerry Packer because of its unbeatable location. Positioned right in the heart of Surfers Paradise, this investment offers solid returns and genuine re-development upside. 1 bedroom, 1 bathroom premier position North-facing 1st floor apartment Spacious balcony and generous living & dining area Original kitchen and bathroom Great facilities including beachside pool and outdoor area Orchid Wing in The Sands (no ocean view) Be quick to secure as this will not last long! For further information contact the exclusive agents.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$2,206/month
$1,103 /fortnight
Loan $364,000 at 6.10% over 30 years

Upfront costs

Deposit$91,000
Stamp duty$14,350
Conveyancing (est.)$2,000
Total upfront$107,350
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Surfers Paradise

This 1-bedroom apartment in Surfers Paradise, QLD 4217 sits within reach of public transport, local shops and nearby schools. It is listed 57% below the $1.05m median of 68 comparable apartmentswithin 5 km.

Schools near Surfers Paradise

  • Surfers Paradise State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Surfers Paradise Ferry Terminal (ferry)463 m away
  • Bikini Barber Babes187 m away
  • Laws and Hamilton Park566 m away
  • Lionel Perry Park589 m away
  • Eileen Peters Park605 m away

Surfers Paradise at a glance

Full suburb profile
Population
26,412
Median age
42
Household income
$1,323/wk
Median rent
$410/wk
Median mortgage
$1,606/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Surfers Paradise price trend

Median sold · Unit 1 bed

Compound growth +15.0% / yr over 4 yrs

$585kcurrent median

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