2/59 Peninsular Drive, Surfers Paradise, Qld 4217

Positioned in a tightly held complex on 841m² of blue-chip land, this property presents an outstanding opportunity for investors looking to secure a high-potential asset in the heart of Surfers Paradise. With the beach just 700m away and rental income already in place, this is a rare find offering both cash flow and capital growth potential.

Currently leased at $550 per week until February 2026, this property provides immediate rental return with the security of a long-term tenant – ideal for investors seeking stability with future upside.

Key Investment Highlights:
✅ Rental income: $550/week until Feb 2026
✅ Low outgoings: Body corp approx. $72/week
✅ 2-bedroom unit – approx. 87m², 2nd floor
✅ Pet-friendly complex of just 12 units
✅ Lock-up garage with extra space – rare bonus
✅ East-facing balcony with skyline views – high tenant appeal
✅ Renovation potential – increase capital value and rent

Location Advantages:
✅ 700m to the beach – strong long-term demand
✅ Walk to Cavill Ave (5 mins) – dining, nightlife, shopping
✅ Close to light rail (G:link) and HOPO Ferry – excellent connectivity
✅ Strong rental demand from professionals, students, holiday makers
✅ Located in high-growth Surfers Paradise precinct

Future Potential:
✅ Renovate to add value – increase rental return & equity
✅ Ideal land-banking opportunity with 841m² site
✅ Boutique building – potential for future redevelopment (STCA)
✅ Rare holding in one of Gold Coast's most in-demand corridors
✅ Genuine long-term investment potential in a location that continues to outperform.

📞 Contact Rob Ross on 0492 946 054 for more details or to arrange a private inspection.

Disclaimer: 
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. 
* denotes approximate measurements.