204/28 Northcliffe Terrace, Surfers Paradise QLD 4217
204/28 Northcliffe Terrace, Surfers Paradise QLD 4217
1-bed corner apartment | 70m to beach | fully renovated | ocean views | compact coastal living
This apartment occupies a genuinely strong position in the Surfers Paradise market. The corner configuration is rare for a one-bedroom unit, and when combined with a full renovation and verified ocean views, it sits well above the typical entry-level stock in this precinct. The beach proximity at roughly 70 metres is a defining advantage, placing it among the most walkable coastal apartments available. This property serves the downsizer or lifestyle buyer who values immediate beach access and a low-maintenance footprint, and it also appeals strongly to investors targeting the premium end of the one-bedroom rental market. The renovation quality, described as no expense spared, suggests the unit should compete favourably with newer builds in terms of finish and liveability.
The value of this apartment may be influenced by the building’s age and strata structure, which are not confirmed from available information. An older tower with higher levies or restrictions on holiday letting could constrain price growth or yield potential. Conversely, if the building permits short-term accommodation and the renovation is of a high standard, the property might command a premium over comparable one-bedroom units in newer but less well-located complexes. The absence of confirmed floor level and exact aspect means the quality of the ocean view and natural light should be verified in person, as these factors may materially affect both desirability and resale value.
Detailed Independent Property Report prepared by PropCred Analyst team for 204/28 Northcliffe Terrace, Surfers Paradise QLD 4217
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Surfers Paradise is undergoing a significant transformation, positioning itself as a resurgence destination driven by major infrastructure projects and the 2032 Olympics tailwind. Demand is underpinned by a persistent undersupply of homes and attracts both lifestyle-seeking families and strategic investors. Recent house price growth of 4.0% reflects this momentum, supported by a tight 1.2% vacancy rate. While a reputation shift is underway, the key risk is an easing of growth following several strong years, though no major correction is forecast.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
URL has been copied successfully!