Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
QLD › Surfers Paradise › Laycock St
For sale
For sale
2
Bedrooms
2
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $776/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SaleByHomeOwner.com.auPositioned on the 6th floor of the iconic Mantra Legends building in Surfers Paradise, Apartments 611 and 612 offer an exceptionally rare opportunity to secure two adjoining east facing residences in one outstanding investment.
Showcasing a desirable east aspect and captivating ocean views, this renovated dual key apartment presents an ideal “set and forget” investment with impressive income potential.
The versatile layout comprises a spacious studio apartment and a separate twin studio, allowing investors to maximise occupancy and rental returns. Both studios have been stylishly renovated, featuring new carpets and beautifully updated bathrooms from the original design.
Held on a single title, the property attracts just one body corporate fee and one set of council and water rates—delivering excellent efficiency and strong long-term appeal for astute investors.
Located only 100 metres from the world-famous Surfers Paradise beach and moments from vibrant dining, boutique shopping and light rail connections, this superb property offers an enviable walk-everywhere lifestyle without compromising on privacy or views.
Property highlights:
- Two studio bedrooms, two bathrooms and two private balconies
- Fully renovated studios with stylish carpets and renovated bathrooms
- Desirable east aspect
- Sweeping ocean views from the sixth floor
- Flexible dual-key configuration
- Larger studio featuring a kitchenette and open-plan living
- Light-filled interiors designed to maximise the coastal outlook
- Ducted air conditioning
- Single title with one body corporate fee and one set of council and water rates
- Secure complex with 24-hour reception and lift access
- Flexible Airbnb, self-management and on-site management options
- Approximately 100 metres from the beach
- Exceptional investment opportunity within a landmark coastal building
Residents and guests enjoy access to an impressive selection of resort-style facilities, including a resort-style swimming pool, spa, fully equipped gymnasium, sauna and steam room. The building also offers function and conference facilities and an on-site restaurant.
* Long-term rental appraisal: $1,450/week combined
* Airbnb estimate: $82,125 p.a. at 75% occupancy
* Fixed outgoings: $19,754 p.a., including electricity
* Potential approx net yield: 8.69% long-term or 9.75% Airbnb
Opportunities of this calibre are rarely available. Contact us today for further information or to arrange an inspection.
Disclaimer: We have used our best endeavours to ensure the information provided is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.
For enquiries please phone: 0452 228 132
Property Code: 2047
Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.
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