003 & 004/140-144 Ferny Avenue, Surfers Paradise, QLD, 4217

Sovereign - Boutique Budds Beach Holiday Unit

Apartment
Type
2
Bedrooms
2
Bathrooms

Last updated on Tuesday, April 07, 2026 ( See property details for 003 & 004/140-144 Ferny Avenue, Surfers Paradise, QLD, 4217)

Bob Rollington Licensed Real Estate Agent & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Stylish dual-let ground-floor apartment in Sovereign on the Gold Coast, offering excellent income potential and prime beachside living.

🏡 Property Highlights

  • Dual-let configuration providing two income streams
  • Prime location at Budds Beach, close to Surfers Paradise and Main Beach
  • Fully furnished, stylish ground-floor apartment with sunny aspect
  • Access to resort facilities including pools, sauna, spa, and gym
  • Well-presented and in excellent condition
  • Close proximity to the beach, shops, and restaurants

✨ Key Features

  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Waterfront / Views

Surfers Paradise offers a vibrant lifestyle with stunning beaches, world-class dining, and entertainment options. The area boasts excellent walkability, proximity to major attractions, and a strong rental market, making it ideal for both holidaymakers and investors. Surfers Paradise is renowned for its lively atmosphere, iconic skyline, and access to outdoor activities. The suburb combines relaxed beachside living with urban convenience, ensuring a desirable lifestyle for residents and visitors alike. Its strategic location ensures high demand for rental properties and holiday accommodation.

What are the main benefits of owning a dual-let apartment in Sovereign?
Owning a dual-let apartment provides two income streams, increasing rental potential and flexibility, making it an excellent investment or holiday home option.
Is the apartment fully furnished and move-in ready?
Yes, the apartment is sold fully furnished, allowing for immediate use as a holiday home or rental property.
What resort facilities are available to residents?
Residents have access to pools, sauna, spa, and gym facilities, enhancing the lifestyle experience.
How close is the property to the beach and local amenities?
The property is within walking distance to the beach, shops, restaurants, and Surfers Paradise attractions.
What is the rental income estimate for this property?
The estimated rental income ranges from $45,000 to $50,000 per annum, before expenses.
Are there any upcoming maintenance or special levies planned for the building? What are the zoning restrictions or easements affecting the property? Are there any planned developments or construction nearby that could impact the property? Has the property been inspected for any structural or pest issues? What are the long-term costs associated with the Body Corporate fees and maintenance? Is the property located in a flood or bushfire-prone area? Are there any restrictions on short-term holiday rentals or Airbnb use? What are the terms of the dual-let arrangement and are there any restrictions? Are there any existing or pending disputes within the Body Corporate? What is the history of rental occupancy and tenant turnover for this property?

003 & 004/140-144 Ferny Avenue, Surfers Paradise, QLD, 4217 - More Details

Sovereign - Boutique Budds Beach Holiday Unit

What a position and what a fantastic investment or holiday home opportunity! This spacious and stylish dual-let, two-bedroom (1 + studio) ground-floor apartment in 'Sovereign' has been priced to sell. The old cliche says it best: position, position, position. Ideally located at Budds Beach, right next door to the Marriott Hotel, and within easy walking distance to the beach as well as the shops and restaurants of Surfers Paradise, this well-presented unit is in excellent condition. Unique in design, the dual-let configuration provides two income streams. It features a well equipped one-bedroom apartment with a separate bedroom, plus a fully self-contained studio unit next door and all on one title. This is a fantastic investment opportunity. Sovereign on the Gold Coast is a boutique holiday complex with excellent onsite management, making it perfect as a holiday home or investment property. Building features include pools, sauna, spa, and gym facilities. Enjoy the ultimate Gold Coast lifestyle, with Budds Beach just metres away and a short stroll to Surfers Paradise and Main Beach. This apartment is guaranteed to impress - don't delay, as it will not last long at this price. Property Features: Sovereign on the Gold Coast the perfect holiday home Spacious dual let 1 bedroom plus separate studio Air-conditioned throughout Ground floor with sunny aspect and excellent presentation Sold fully furnished North Tower access via Acacia Avenue Body Corporate approx. $2,625 every 4 months Rental Estimate $45,000 - $50,000 PA (rates, water & body corp fees have not been deducted from this amount) Bob Rollington 0411 427 311 First National Surfers Paradise.
Type
Apartment
Bedrooms
2
Bathrooms
2

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