SOLD
Sold on 21 May 2024 for $515,000

506/2 East Quay Drive
Biggera Waters QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 64m2
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Property Details for 506/2 East Quay Dr, Biggera Waters

506/2 East Quay Dr, Biggera Waters is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 64m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Biggera Waters in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
50m2
Land Size
64m2
Local Government
Gold Coast City
Lot/Plan
506/SP250931

Last Listing description (November 2024)

Offering a modern and contemporary design, this spacious 1 bedroom, 1 bathroom apartment is located on the 5th floor of Mistral building, which is widely known and regarded as one of the best valued and sought-after complexes on the Gold Coast. Quality is offered throughout, you will not be disappointed. The complex offers a world of luxury and elegance with resort-style facilities in a superb location in Biggera Waters.

This property is currently used as a holiday apartment and offers the perfect investment opportunity that ticks all the boxes for those first-time investors or an investor looking to increase their portfolio.

Apartment features include:

* Master bedroom with a generous sized robe and ensuite bathroom with a full-sized bath
* Trendy kitchen that is fully equipped with stone benchtops stainless gas cooktop and electric wall oven, dishwasher, large pantry, range hood, mirrored splashbacks, plentiful cupboard/storage space
* Large open plan living and dining areas
* High-gloss porcelain tiling throughout the living room, dining room and kitchen
* Laundry enclosure with dryer
* Access to a huge balcony from living area
* High ceilings to enhance the spacious open plan layout and lighting
* Ducted air conditioning throughout
* Modern and contemporary finishes throughout
* Intercom system
* One secured parking space

Building features include:

* Secure complex
* Pet friendly (with approval)
* Secure underground parking
* Excellent on-site managers
* Comparable Body Corporate and GCCC rates
* Lift access to floor
* Resort-style facilities including pool
* High returns for investors

This apartment offers the perfect location with easy access to public transport, Harbour Town Shopping Centre, the Broadwater, Griffith University, GC University Hospital and the M1.

Contact Jess on 0424 187 162 today to organise your viewing today.

Property History for 506/2 East Quay Dr, Biggera Waters, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$515,000
21 May 2024
  • 21 May 2024
    Sold for $515,000
  • 13 May 2024
    Listed for Sale UNDER CONTRACT FROM 1ST VIEWING
  • 07 Apr 2023
    Sold for $389,000
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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 6,000 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 94 properties listed for sale, and 19 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Biggera waters.

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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.