OFF MARKET

8/516 Marine Parade
Biggera Waters QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 89m2
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Property Details for 8/516 Marine Pde, Biggera Waters

8/516 Marine Pde, Biggera Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1979. The property has a land size of 89m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1979
Floor Size
85m2
Land Size
89m2
Local Government
Gold Coast City
Lot/Plan
8/BUP3325

Last Listing description (August 2023)

Exactly what many buyers are looking for!! Capturing picture-perfect Broadwater views, this low maintenance two bedroom apartment is light filled and an unmissable opportunity for first home buyers, downsizers or investors seeking a sought after position. With only 9 apartments situated on an ideal corner block right on the Broadwater, the potential for this unique investment opportunity is very bright.

Located on the second floor of the building, the apartment has had upgrades and has an open floor plan layout to optimise the views to water from living and kitchen while providing privacy and peace for the two bedrooms with white plantation shutters. Plenty of natural light and a good size balcony to enjoy and capture the Broadwater views and breezes.

The property includes a secured tandem garage for 2 small cars with internal access to stairwell. Solid brick and tile building with low maintenance and extra low body corporate of $40 per week while the rental appraisal is around $550 per week making it an extremely attractive opportunity for investors wanting to secure the perfect location with the perfect potential and good immediate returns.

Features include:
* Open plan kitchen with breakfast bar and great views
* Large living/dinning opening onto full length balcony with forever views
* 2 generous sized bedrooms both with built-in robes
* Combined spacious bathroom/laundry
* Large porcelain tiles / carpet bedrooms
* Ceiling fans throughout
* Plantation Shutters in bedrooms
* Lock up garage tandem for 2 small cars or large car with plenty of storage
* Secure intercom entry
* 2nd floor (top floor) no lift
* Waterfront boutique complex of only 9 apartments in corner block of 879 sqm

Outgoings:
* Body Corporate $40 per week
* Council Rates approx. $1,851 per year
* Water Rates approx. $1,225 per year

Close to Public Transport, Cafes, an abundance of dining options and the Broadwater and Parklands. Do not delay, contact Ana Tulloch today on 0439 343 432 for more information or check our Open Home times.

Property History for 8/516 Marine Pde, Biggera Waters, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$575,000
30 May 2022
Listed for Rent
$370/w
19 Aug 2011
  • 31 Jul 2023
    Listed for Sale Not Disclosed
  • 30 May 2022
    Sold for $575,000
  • 02 May 2022
    Listed for Sale $575,000
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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 6,080 properties.

    There are currently 78 properties listed for sale, and 29 properties listed for rent in Biggera waters on OnTheHouse. According to CoreLogic's data, 404 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.