003 & 004/140-144 Ferny Avenue, Surfers Paradise
Listing data updated 8 June 2026
- 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 Per Quarter • 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.
RealistIQ deal score
Strong value signal
91
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 003 & 004/140-144 Ferny Avenue, Surfers Paradise before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
Unlock PlusSee the 12-month outlook for this property.
From $29.90/month. Cancel anytime.
Before you inspect, check what similar properties actually sold for.
Unlock Plus to see the full list of comparable sales
Property features
Features detected from the listing details.
Outdoor & building
Lifestyle & views
From description
Listing details
- Status
- $695,000
Agent and agency
Contact
Sam Margi
Agency
Surfers Paradise First National Real Estate - Surfers Paradise
Unlock Plus to see the full list of comparable sales