25 Laycock Street, Surfers Paradise QLD 4217

Resort apartment, prime Surfers strip | Mantra Legends complex | 2 bed, 2 bath | Strong recent capital growth The property sits within a well-established resort complex in Surfers Paradise, a location that consistently draws both owner-occupiers and short-stay investors. The 2-bedroom, 2-bathroom configuration is more versatile than the studio apartments common in this building, giving it a competitive edge in the resale and rental market. Recent sales within the complex show meaningful capital appreciation, with some units doubling in value over a few years, which signals strong demand for this type of product. The building’s hotel-style amenities—pool, gym, sauna—add lifestyle appeal and support premium rental rates, particularly for holiday letting. This property best suits a buyer looking for a balanced investment with good growth history and ongoing rental demand, or a lifestyle buyer wanting a lock-and-leave beachside base. The main risk is the lack of certainty around parking allocation and the exact unit configuration, which could affect both liveability and resale appeal. The complex’s short-stay character means higher turnover and more transient neighbours, which may not suit a permanent resident. However, the strong rental market and proven capital growth offset this for investors. The building’s age (1996) means some common-area maintenance costs may rise, but the location and amenity base should continue to support values. Hold this property as a medium-term investment with a focus on holiday letting income, or as a personal holiday unit with strong upside.