5/7 Leonard Avenue, Surfers Paradise QLD 4217

renovated top-floor unit | small exclusive complex of six | central Surfers Paradise | flood overlay flagged This unit offers a rare combination of a fully renovated interior within a small, quiet complex of only six units, placing it above the typical older stock in the area. The top-floor position and walk-up configuration add a layer of privacy and light that ground-floor units lack, while the central location near the beach and dining gives it strong appeal for both owner-occupiers and investors seeking a lock-and-leave lifestyle. The renovation quality, if compliant, effectively resets the property’s condition and reduces immediate maintenance exposure, making it a more turnkey proposition than most 1970s builds. The flood overlay is the primary risk and must be investigated for insurance implications and any impact on resale liquidity. However, the broader Leonard Avenue area shows signs of redevelopment interest under high-density zoning, which may offer medium-term optionality beyond the unit’s current use, particularly given the small lot size. A buyer should verify body corporate rules on short-term letting and confirm the renovation approvals, as these will directly affect rental strategy and future saleability.