11/36-40 Monaco Street, Surfers Paradise QLD 4217

2 bed 2 bath 112m² | 2 car spaces pool spa | Flood overlay | Surfers Paradise 12.8% growth | Off market track The property’s competitive edge lies in its generous internal area and dual parking, rare for a two-bedroom unit in this market. The 112 square metres, combined with a balcony, air conditioning, and building amenities like a pool and spa, positions it well for owner-occupiers seeking space without a house or investors targeting the premium end of the rental market. Its location within strong school catchments and reliable connectivity adds practical appeal, and the suburb’s 12.8 percent growth supports long-term holding. The flood overlay is the primary risk, requiring due diligence on insurance costs and historical inundation. However, the 2007 purchase price has effectively tripled in current estimates, indicating sustained capital appreciation. The property is not currently listed, so the opportunity is to monitor for future availability or approach owners directly. Given the building’s 15 units and no recent sales, pricing may be negotiable if a motivated seller emerges.