OFF MARKET

248 Pacific Parade
Bilinga QLD 4225

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 240m2
Land area: 478m2
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Property Details for 248 Pacific Pde, Bilinga

248 Pacific Pde, Bilinga is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1987. The property has a land size of 478m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
House
Year Built
1987
Floor Size
240m2
Land Size
478m2
Local Government
Gold Coast City
Lot/Plan
12/B70829

Last Listing description (April 2018)

Commanding a superb ocean panorama, this beachfront house occupies a prime position with coastal views sweeping to Currumbin Alley Rock, Burleigh Headland and the Surfers Paradise skyline.
A quiet locale so close but yet so far from the hustle and bustle, the multi level design is solid brick with interior features of rich timber and exposed rafters reminiscent of a charming snow chalet from the Rocky Mountains in North America.
Move in and occupy as is or refurbish utilising the good bones to create a modern beachfront residence with your creative flair. Alternatively, you can demolish and build a new home from a blank canvas or redevelop with a luxury villa pair or boutique one per floor apartments**.

The rare corner position provides numerous benefits with only one adjoining beachfront neighbour. Off street parking at the rear of the block ensures main living on the ground level takes full advantage of the preferred north / east ocean aspect.
- 478*sqm beachfront corner block, 14.3*m wide frontage to Pacific Parade
- Fully fenced and secure in ground swimming pool
- House is in original condition, built 1980's circa
- Positioned at northern end of Pacific Parade in cul-de-sac
- Kitchen with large island bench, gas cooking
- Cool sea breezes, short walk to SLSC and safe patrolled beach
- Upper level parents retreat with second living area and kitchen
- Scenic foreshore pathway connects to Rainbow Bay and Kirra cafe precinct
- Low rise height level environment ensures no shadowing on the beach
- Close proximity to Coolangatta CBD, Tugun Village, M1 motorway and airport
- Permanent Rental Market Opinion, $1,100 - $1,250* per week
- GCCC Rates, $3,517.11* (1 July - 31 December 2017)
- Holiday Letting Tariffs - $1,400* p/w (Off Peak), $2,059* p/w (School Holidays),
$2,576* p/w (Events / Easter Rate), $3,500* p/w (Peak Rate), $3,850* p/w (Commonwealth Games)
Redevelopment under the current town plan is classed under Medium Density Residential, Zoned RD6 - 1 bed per 33sqm net site area with the building height up to 15 metres. To satisfy your due diligence, we strongly recommend to call Town Planning at The Gold Coast City Council on 07 5582 8211 or consult a local certified town planner for professional advice.
The property is scheduled to go to auction on Saturday 3 February 2018, On-Site at 10am (if not sold prior)
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
** Subject to council approval
* approx

Property History for 248 Pacific Pde, Bilinga, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$3,100,000
03 Feb 2018
  • 03 Feb 2018
    Sold for $3,100,000
  • 19 Dec 2017
    Listed for Sale Not Disclosed
  • 12 Jul 1999
    Transferred for $215,000
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About Bilinga 4225

The size of Bilinga is approximately 2.6 square kilometres. It has 6 parks covering nearly 8.5% of total area. The population of Bilinga in 2011 was 1,662 people. By 2016 the population was 1,833 showing a population growth of 10.3% in the area during that time. The predominant age group in Bilinga is 50-59 years. Households in Bilinga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bilinga work in a professional occupation. In 2011, 42.7% of the homes in Bilinga were owner-occupied compared with 46.2% in 2016.

Bilinga has 1,520 properties. Over the last 5 years, Houses in Bilinga have seen a 115.56% increase in median value, while Units have seen a 105.42% increase. As at 30 September 2024:

  • The median value for Houses in Bilinga is $1,727,332 while the median value for Units is $1,222,894.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Bilinga on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Bilinga.

Suburb Insights for Bilinga 4225

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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.