SOLD
Sold on 15 Feb 2024 for $620,000

38/510 Marine Parade
Biggera Waters QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 84m2
Land area: 937m2
Sold By
McGrath Paradise Point
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Property Details for 38/510 Marine Pde, Biggera Waters

38/510 Marine Pde, Biggera Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 937m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Biggera Waters in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
84m2
Land Size
937m2
Local Government
Gold Coast City
Lot/Plan
38/BUP11545

Last Listing description (August 2024)

The Offer
The intention here is to feel like there is nothing between you and the outdoors.

Witness breathtaking sunrises and sunsets from the comfort of your home. The apartment boasts an impressive Broadwater view to the East, and immersive mountain views to the West, creating a picturesque backdrop that will leave you in awe at any time of the day.

Natural light floods every room, enhancing the sense of space and tranquillity. The interior is designed to maximize the coastal vibes, creating an atmosphere that is both refreshing and invigorating.

Apartment 4b lets you immerse yourself in the seamless integration of contemporary design and coastal aesthetics. Every corner of this apartment has been thoughtfully curated to exude a fresh, airy ambiance.

No detail has been spared in the renovation of this residence. From sleek fixtures to premium materials, experience the epitome of modern coastal living. This property is move-in ready, allowing you to indulge in the waterfront lifestyle without the hassle of renovations.

Highlights
+ Completely remodelled apartment fusing modern and coastal styles
+ Protected South facing aspect on the fourth floor
+ Extended balcony runs the length of the apartment
+ Private entrance close to the lift
+ Panoramic views from the Broadwater to the Hinterland, taking in Biggera Creek
+ Smartest floor plan layout in the building
+ Sharp modern kitchen with dish-drawer dishwashing system
+ Large luxury soaking bath tub in main bathroom
+ Compact Euro-style laundry
+ Two bedrooms, master with ensuite and both with built-in wardrobes and ceiling fans
+ Flowing dining and lounge area with ceiling fan and air conditioning
+ Vast glass sliding doors and windows for fresh airflow and natural sunlight
+ Generous protected balcony doubles as an outdoor dining or living space
+ CrimSafe security screens and front door
+ Reverse-cycle air conditioning plus ceiling fans
+ Atrium balcony off master bedroom
+ Intercom, two dynamic glass elevators
+ Secure under cover parking
+ Private gardens, in-ground pool, roof-top pool with 360 degree views, tennis court, his/her saunas, 2 spas, atrium gardens with indoor stream, basic gym and arcade-inspired games room, adult retreat with pool table, library and TV
+ On-site, live-in manager
+ Separately metered electrical, split water
+ Pet-friendly
+ Blended use residential and holiday resort

The Numbers
+ Sinking fund balance $342,686.64 as of 30/1/2024
+ Holiday letting from $260 per night off-season to $460 per night peak season (min 3-night stay)
+ 80% (approx) occupancy rate for holiday letting (as referred by on-site mgt)
+ $750-$800 per week fixed-term rental potential
+ Current council rates $1,044 per half year approx.
+ Current council water $491 per quarter approx. (depends on use)
+ 65 units in the building
+ Built 1992

Icing on the Cake
The Atrium Resort offers more than a home; it delivers a lifestyle. Enjoy exclusive access to resort-quality amenities, including roof top and ground level swimming pools, spas, his and her saunas and beautifully landscaped atrium gardens with its own flowing spring. This is not merely a home; it's a year-round vacation retreat. Only a few steps to the magnificent Broadwater, local dining and shopping is close by, this could be a home, a retreat, or a lucrative investment. The choice is yours.

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 38/510 Marine Pde, Biggera Waters, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$620,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $620,000
  • 17 Jan 2024
    Listed for Sale $620,000
  • 03 Dec 2020
    Sold for $245,000
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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 90 properties listed for sale, and 18 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 363 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.