35/142 Stanhill Drive, Surfers Paradise QLD 4217
35/142 Stanhill Drive, Surfers Paradise QLD 4217
Two-bedroom apartment | dual secure parking | Surfers Paradise fringe | rare storage inclusion | expressions of interest
This unit presents a competitively strong offering within the Surfers Paradise fringe, distinguished by its dual secure car parks and storage-a configuration rare in this building type that directly addresses a chronic pain point for owner-occupiers and investors alike. Its positioning in the established St Raphaels complex on Chevron Island offers a quieter residential setting while remaining immediately adjacent to the capital of the Gold Coast’s amenities and rental demand. This property serves best as a low-maintenance entry into the market for a professional or as a high-utility investment property with strong appeal to a tenant demographic valuing security and convenience.
Proceed with the understanding that the expressions of interest campaign introduces pricing uncertainty and requires decisive action. The primary cost mechanism is the premium commanded for the parking configuration, which must be validated against recent sales of comparable two-bedroom units within the complex, not just the suburb. The opportunity lies in securing a functionally superior unit in a proven location; the commercial logic supports a long-term hold to capitalise on inherent scarcity. Our judgment is to engage strategically at a price that reflects its functional advantage over standard stock, positioning it as a core holding.
Detailed Independent Property Report prepared by PropCred Analyst team for 35/142 Stanhill Drive, Surfers Paradise QLD 4217
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
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