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501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217 For Sale
501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217 501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217-Image 501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217-Image 501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217-Image 501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217-Image

501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217

$520,000+ offers

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Thursday, May 14, 2026 ( See property details for 501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217)

$520,000+ offers

Bob Rollington - Real Estate Agent - Surfers Paradise First National Real Estate - Surfers Paradise
Bob Rollington Licensed Real Estate Agent & Auctioneer
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Sam Margi - Real Estate Agent - Surfers Paradise First National Real Estate - Surfers Paradise
Sam Margi Property Assistant
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious 1-bedroom apartment on the 5th floor of Sovereign, offering stunning views and excellent amenities, perfect for holiday use or investment.

🏡 Property Highlights

  • Prime 5th floor location with fantastic city and water views
  • Large, spacious 1-bedroom apartment ideal for holiday or investment
  • Located in the boutique Sovereign complex with excellent amenities
  • Close proximity to Budds Beach, Surfers Paradise, and Main Beach
  • Strong rental income potential of over $28,000 annually
  • Well-maintained property in excellent condition

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Waterfront / Views
  • Outdoor Area
  • Security Screens / Gates
  • Gym
  • Pool
  • Sauna
  • Spa
  • Built-in Robes

Surfers Paradise is a vibrant coastal suburb renowned for its stunning beaches, lively entertainment, and excellent dining options. It offers a relaxed lifestyle with easy access to shopping, nightlife, and outdoor activities. The area is perfect for holidaymakers and investors alike, boasting strong rental demand and a thriving tourism scene. Surfers Paradise’s iconic skyline and proximity to the beach make it one of the most sought-after locations on the Gold Coast.

Is this apartment suitable for holiday stays or permanent living?
This apartment is designed primarily for holiday rental use and is not intended for full-time residence, making it ideal for holidaymakers and investors seeking rental income.
What amenities are available within the Sovereign complex?
The complex features pools, a sauna, spa, and gym, providing residents and guests with excellent leisure facilities.
What are the rental income prospects for this property?
The property currently generates an annual rental income of approximately $28,058.24, offering a strong investment opportunity.
Are there any additional costs associated with the property?
Yes, the quarterly body corporate fee is $1,913.01, rates are $2,688.17 per half year, and water costs are $369.00 per quarter.
What is the condition of the apartment?
The apartment is presented in excellent condition, well-maintained, and ready for immediate use or rental.
Are there any upcoming body corporate fee increases or special levies planned? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on holiday rentals or short-term leasing within the complex? What are the zoning and planning regulations affecting the property? Are there any planned developments or construction nearby that could impact the view or noise levels? Is the property compliant with all building and safety regulations? Are there any easements or covenants affecting the property? What are the long-term maintenance costs for the complex? Is there any history of disputes within the body corporate? Are there any restrictions on pets or other use limitations for the apartment?

501/140-144 Ferny Avenue, Surfers Paradise, Qld 4217 - More Details

$520,000+ offers

More photos to come!

What a position! Entry level pricing and a fantastic investment or great holiday home, this large 1-bedroom, 1 bathroom unit is situated on the 5th floor of 'Sovereign'. This spacious unit has been priced to sell. You do not want to miss out on this one!

The old cliche position, position, position situated at Budds Beach next door to the Marriott Hotel and an easy walk to the beach and Surfers Paradise shops and restaurants this very large 5th floor unit presents in excellent condition. Featuring large open plan lounge and dining area, separate entrance, spacious bedroom, large balcony with sunny aspect and city views and situated on the 5th floor with a fantastic outlook, this spacious unit is guaranteed to impress.

Sovereign on the Gold Coast is a boutique holiday block with excellent onsite managers, it is a perfect holiday home or a great investment property. Building features include pools, sauna, spa, and gym and is perfect to enjoy the Gold Coast lifestyle with Budds Beach only meters away and a short walk to Surfers Paradise and Main Beach. This spacious well-presented 5th floor apartment is guaranteed to impress, do not delay as this one will not last long at this price.

- Spacious 1 bedroom unit – very large
- 5th floor with great aspect and fantastic views
- Sovereign on the Gold Coast – The perfect holiday home
- Holiday rental only, not full-time live-in
- Rental income $28,058.24 (note: rates, body corporate and water are not taken out of this figure)
- Body corporate $1,913.01 per quarter
- Rates $2,688.17 per half year
- Water $369.00 per quarter

Contact the exclusive marketing agents.

Bob Rollington – 0411 427 311

Sam Margi – 0449 808 422

First National Surfers Paradise
Type
Apartment
Bedrooms
1
Bathrooms
1

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