Thermal and interfacial properties of a QGP droplet in a hadronic medium are computed using a statistical model of the system. The results indicate a weakly first order transition at a transition temperature sim (160 pm 5) MeV. The interfacial surface tension is proportional to the cube of the transition temperaure irrespective of the magnitude of the transition temperature. The velocity of sound in the QGP droplet is predicted to be in the range (0.27 pm 0.02) times the velocity of light in vacuum, and this value is seen to be independent of the value of the transition temperature as well as the model parameters. These predictions are in remarkable agreement with Lattice Simulation results and extant MIT Bag model predictions.