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 fees—currently disclosed at $3,464 annually for admin and $804 for sinking—which should be weighed against the benefit of substantial common amenities. The apartment’s exact floor level, aspect, and renovation condition are not confirmed, so a buyer’s view on price will depend on whether finishes are original or updated, and how the unit’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 prepared by PropCred Analyst team for 87/85 Old Burleigh Road, Surfers Paradise QLD 4217
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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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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