45/140-144 Ferny Avenue, Surfers Paradise QLD 4217

Resort-style one-bedder | Surfers Paradise core | flood overlay flagged | strong weekly return potential This unit occupies a defensible position in a tightly held resort complex with walk-to-beach access and full amenity—pool, spa, sauna, gym. At 78 square metres, it is larger than most one-bedroom apartments in the precinct, which typically trade on compact floorplans. The configuration suits a buyer seeking a lock-and-leave holding with above-average rentability; the estimated weekly return sits well above comparable studio or one-bed stock in the immediate strip. For an investor or second-home buyer, the combination of onsite management and furnished format reduces vacancy friction and lowers the management burden. The flood overlay is the primary structural risk and should be tested against insurer appetite and body corporate history before exchange. Body corporate costs are elevated—around $160 per week combined—and the no-stove restriction limits tenant type to short-stay or transient occupants, not long-term residential. Parking on a first-come basis erodes convenience for an owner-occupier. The wide valuation spread suggests the market is still pricing in these constraints. Buyers should treat this as a yield-driven hold, not a capital growth play, and verify the sinking fund position thoroughly before proceeding.