11/25 Markwell Avenue, Surfers Paradise QLD 4217

Ground floor | 200m to beach | 85% owner-occupier complex | Renovation upside | Strong rental demand This unit occupies a rare ground-floor position in a well-managed complex with 85% owner-occupiers, which typically supports higher capital stability and lower turnover than investor-heavy towers. The 55m² floorplate is generous for a one-bedroom, and the resort amenities,pool, BBQ area, tropical gardens,make it suited to both permanent living and holiday letting. For a buyer seeking a beachside foothold with renovation upside, the dated interior represents an opportunity to lift value above the comparable $595,000 sale in the same complex. The quiet street and proximity to Surfers Beach and the G:link tram appeal to owner-occupiers wanting lifestyle without noise, and to investors targeting the holiday rental market. The primary risk is the need for renovation,dated interiors may limit rental yield at the lower end of the $505–$630pw range until upgraded. The 2005 purchase history suggests limited recent capital growth, and the complex’s partial holiday letting model may introduce seasonal income variability. However, the buyer can address this by budgeting $15,000–$25,000 for cosmetic updates, which could push the property toward the upper end of the $588,000–$653,000 complex valuation range. The ground-floor access and secure parking add convenience that higher-floor units lack. This property suits a buyer prepared to hold for three to five years, renovate selectively, and benefit from Surfers Paradise’s steady demand for well-located, smaller apartments.