SOLD
Sold on 23 Jan 2024 for $600,000

18/554 Marine Parade
Biggera Waters QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 510m2
Sold By
McGrath Paradise Point
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Property Details for 18/554 Marine Pde, Biggera Waters

18/554 Marine Pde, Biggera Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 510m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Biggera Waters in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
103m2
Land Size
510m2
Local Government
Gold Coast City
Lot/Plan
18/BUP2067

Last Listing description (August 2024)

The Offer
Pause for a second. Breathe. Now, here is your new waterfront life with style.

This is an updated and contemporary apartment remodelled for modern simplicity and showcasing a breathtaking 180-degree view from the Hinterland Ranges to Stradbroke Island. Overlooking the Bayview Marina and the exceptional Broadwater, this residence is in ARCADIA, a landmark apartment building along the banks of Biggera Inlet on the renowned Marine Parade golden strip.

A perfect fit for couples seeking a waterfront upgrade and right-sizers attracted to a zero-maintenance home with a view, this is an iconic location adjacent Quota Park. There is ample visitor parking, with the newly resurfaced driveway project adding extra parking. This is a proud residential building with only 5 apartments per floor and no holiday letting to disturb your peaceful enjoyment.

Two oversized bedrooms are reminiscent of buildings from a bygone era with walk in wardrobes for each. The master suite has a wall of windows that free you to the fresh sea air and breezes. Tiled throughout affords easy upkeep and carpeted sleeping quarters offer plush comfort, making the apartment welcoming, cool and fresh.

A dramatic modern and open kitchen accents the neutral tones throughout the rest of the residence allowing the chef to engage with guests and remain integral to the event, as good hosts should be.

With days on market for waterfront apartments in Biggera Waters hovering near record lows, potential new owners should not hesitate to explore this apartment or risk missing out.

Highlights
+ Completely remodelled in a modern contemporary style
+ North facing on the fourth floor (5th level)
+ 180-degree panoramic views from the Hinterland to the Broadwater and Stradbroke Island takes in Biggera Creek, Bayview Marina and Lands' End Bridge
+ Largest floor plan layout in the building
+ Large open kitchen with dish-drawer dishwashing system
+ Generous sized bedrooms, both with walk-in style wardrobes and ceiling fans
+ Flowing dining and lounge area with ceiling fan
+ Vast windows for fresh airflow and natural sunlight
+ Built-in sunroom doubles as an additional dining or living space
+ Intercom, serviced elevator and revamped foyer
+ Remote controlled garage
+ Huge private grounds, gardens including in-ground pool
+ Newly resurfaced driveway with additional parking spaces
+ Separately metered electrical, split water
+ Pet-friendly
+ Residential building (no short-term rentals)

Numbers
+ 96m internally
+ Body corporate $109.62 per week
+ Rental appraisal $650 per week
+ Council rates $921 per half year approx.
+ Council water $334 per quarter approx.
+ 30 units in the building
+ Built 1975

Icing on the Cake
Whether you're an owner/occupier ready to embrace a personal oasis or an investor eyeing a prime investment, this isn't just a waterfront apartment, it's a perfect blend of elegance, opportunity, and natural beauty.

This property is being sold by public auction and as such, NO price guide may be given under Queensland law. However, during the appraisal we looked at relevant comparable sales within 1km radius of the property in the previous 90 days and found a consistent range which we would be happy to discuss with interested buyers in confidence.

Thinking about real estate? We should talk. Call Ben, Your Mate in Real Estate

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 18/554 Marine Pde, Biggera Waters, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$600,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $600,000
  • 08 Dec 2023
    Listed for Sale sold. by ben
  • 12 Aug 2020
    Sold for $385,000
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About Biggera Waters 4216

The size of Biggera Waters is approximately 3.2 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Biggera Waters in 2011 was 6,338 people. By 2016 the population was 8,551 showing a population growth of 34.9% in the area during that time. The predominant age group in Biggera Waters is 20-29 years. Households in Biggera Waters are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Biggera Waters work in a professional occupation. In 2011, 47.5% of the homes in Biggera Waters were owner-occupied compared with 43.9% in 2016.

Biggera Waters has 6,001 properties. Over the last 5 years, Houses in Biggera Waters have seen a 76.03% increase in median value, while Units have seen a 89.51% increase. As at 31 October 2024:

  • The median value for Houses in Biggera Waters is $1,195,328 while the median value for Units is $709,023.
  • Houses have a median rent of $750 while Units have a median rent of $690.
There are currently 91 properties listed for sale, and 20 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Biggera waters.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.