1103/21 Peninsular Drive, Surfers Paradise QLD 4217

North-east aspect on level 11 | Generous 80sqm one-bedder | Flood overlay flagged | Edgewater Gardens complex This unit is positioned as a competitive entry point into Surfers Paradise’s high-demand one-bedroom market, primarily because of its size and orientation. At 80 square metres, the layout is significantly larger than the typical one-bedroom apartment in the area, and the north-east aspect on level 11 suggests strong natural light and likely good views, which are rare for this price tier. The inclusion of a car space and FTTP internet adds practical appeal for both owner-occupiers and investors. This property would best suit a buyer seeking a well-located, liveable unit with above-average space and light, rather than a pure investment play. The flood overlay is the most material risk here, and it should be investigated thoroughly before proceeding. It may increase insurance costs and could affect lending terms or resale appeal, particularly if the building’s flood history is unclear. On the opportunity side, the unit’s estimated rental range of $645–$805 per week suggests solid demand, and the broader Surfers Paradise unit market has shown 10.6% annual growth, which supports moderate capital upside. The key is verifying the building’s flood resilience and the condition of the interior, as the price range of $650k–$692k leaves limited margin for surprises.