95/114 The Esplanade, Surfers Paradise QLD 4217
95/114 The Esplanade, Surfers Paradise QLD 4217
24th floor beachfront | 144sqm oversized three-bedder | tightly held Focus tower | deceased estate, first time in 40 years
This apartment’s competitive edge is its combination of rare size, high floor, and direct beachfront position in a building that seldom sees stock come to market. At 144 square metres on the 24th floor, it offers spatial advantage and panoramic views that most newer units in the strip cannot match, making it suited to downsizers seeking genuine ocean outlook or investors wanting a premium holding in a tightly-held tower. The estate sale condition and long ownership history suggest pricing may be set below intrinsic replacement value, creating a potential entry point for a buyer willing to renovate.
The primary risk is the building’s 1976 age, which may carry significant body corporate levies, sinking fund obligations, or upcoming structural works that should be confirmed before commitment. The apartment’s unrenovated state presents both an opportunity to add value through modernisation and a cost liability that must be factored into the total acquisition. Holiday letting restrictions and car parking title details also need verification, as these can materially affect investor returns and owner-occupier use.
Detailed Independent Property Report prepared by PropCred Analyst team for 95/114 The Esplanade, Surfers Paradise QLD 4217
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✕
2
Surfers Paradise QLD 4217
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.