22/142 The Esplanade, Surfers Paradise QLD 4217

Beachfront 1974 tower | 105m² two-bed with two baths | Resort amenities | Prime Esplanade address | $1.275M sale evidence This apartment holds a genuinely rare position in Surfers Paradise: a large, 105 square metre two-bedroom floor plan with two bathrooms and a single secure car space, set within a 1974 beachfront building that offers a pool, spa, gym, sauna and intercom security. The size alone separates it from most modern high-rise stock, which tends to be tighter and more investor-oriented. This unit serves downsizers, lifestyle buyers and lock-and-leave owners who prioritise direct beach access, walkability to Cavill Avenue and a resort-style setting over brand-new finishes. Its layout, generous balcony potential and north-east aspect typical of the building make it a comfortable permanent residence or a high-quality holiday base, with rental demand supported by the Esplanade frontage and ongoing tourism appeal. Value may be influenced by the building’s age, which could mean strata levies or future capital works contributions that need careful review. The specific floor level and view orientation might affect price more than the internal condition, given the tower’s setting. A slower selling history, with 112 days on market, may point to a narrower buyer pool or price sensitivity at this level. Rental yields in the low-to-mid 3% range might be acceptable for lifestyle buyers but less compelling for pure investors, so the final price should reflect the quality of the outlook and how well the unit has been maintained over time. >> Comparable Sales: 6/142 The Esplanade sold Sep 2024 for $1,200,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: beachfront position, floor area, building amenity and view orientation