87/85 Old Burleigh Road, Surfers Paradise QLD 4217

87/85 Old Burleigh Road, Surfers Paradise QLD 4217
larger than typical 2-bed | beachfront-fringe location | built 1982 with full amenities | between Surfers and Broadbeach This apartment is competitively rare in its suburb for offering 128 square metres of internal space within an established, low-rise complex that includes a pool, tennis court, gym, and secure gardens. Most newer stock in Surfers Paradise is smaller and stacked in high-rise towers, so this unit serves downsizers and owner-occupiers seeking a roomier, quieter beachside home with walkable access to both major precincts. Its position one block from the beach also gives it strong dual appeal for holiday-home buyers and investors targeting tenants who value space and facilities over modernity. The circa-1982 build may affect value through higher ongoing body corporate feesโ€”currently disclosed at $3,464 annually for admin and $804 for sinkingโ€”which should be weighed against the benefit of substantial common amenities. The apartmentโ€™s exact floor level, aspect, and renovation condition are not confirmed, so a buyerโ€™s view on price will depend on whether finishes are original or updated, and how the unitโ€™s orientation and balcony capture light and breeze. Older construction often means solid bones but less insulation and older fixtures, which may influence long-term holding costs or renovation appetite.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 87/85 Old Burleigh Road, Surfers Paradise QLD 4217
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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

1

Land

1.22 acres

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