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Sold on 20 May 2024 for $1,575,000

2808/12 Philip Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2808/12 Philip Ave, Broadbeach

2808/12 Philip Ave, Broadbeach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Broadbeach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
2808/SP301323

Last Listing description (May 2024)

Situated in the heart of Broadbeach, this luxurious apartment is positioned on the 28th floor of 'Signature', a near new modern marvel boasting 35 levels. With only two of these unique floor plans available within the building, this is an incredibale opportunity not to be missed. Whether you're an owner occupier, holiday maker or investor, this apartment provides the perfect lifestyle and investment in a highly sought after location on the Gold Coast.

Revel in mesmerising views of the ocean, hinterland and city skyline, immersing yourself in coastal breezes and stunning landscapes all year round. Soak in the morning sun from the balcony, framed by floor-to-ceiling windows showcasing the North-East facing aspect.

Exuding sophistication, the apartment features upscale finishes, highlighted by a gourmet kitchen equipped with Miele appliances and Caesarstone marble countertops. The expansive island bench serves as the focal point for culinary endeavours, all while enjoying the coastal views. Offering a seamless blend of space and modernity, this apartment boasts two generous bedrooms, including a master bedroom complete with a walk-in robe and ensuite. Additionally, a versatile multipurpose room awaits, ideal for a home office, media room or even act as a separate guest bedroom.

Signature stands as a pinnacle of luxury on the Gold Coast, epitomised by its unrivalled amenities. Residents are treated to Broadbeach's first 50-meter infinity edge pool, complemented by abundant sun-drenched lounging areas and a open lawn BBQ space. Further amenities include the exclusive residents' lounge and dining area, alongside a state-of-the-art gym, sauna, steam room, spa, and private movie theatre.

Perfectly positioned in Broadbeach, mere moments from the sun-kissed shores of the Gold Coast's patrolled beaches, parks, and playgrounds, this residence promises endless family enjoyment. With award-winning dining and entertainment options just a stroll away, including the renowned Star Casino and the Pacific Fair shopping centre, the epitome of coastal living awaits at Signature.

FEATURES INCLUDE:
• Panoramic views of the ocean, hinterland & the city skyline throughout
• Two bedrooms + Multipurpose Room + car space + large storage cage
• Huge investment opportunity with attractive rental returns in the holiday letting pool
• Full Furniture package included - Approx. $43,000
• High-end European finishes throughout with engineered oak timber floorboards, Ceasarstone benchtops and ceramic tiling
• Fully equipped kitchen including Miele 4x burner s/steel gas stove top, Miele oven & integrated fridge with freezer
• Master Bedroom with ensuite and large walk-in robe
• Floor to ceiling windows
• Ducted zone controlled air conditioning throughout
• Low body corporate fees & holding costs
• 50m infinity edge lap pool, BBQ area, lounge and dining areas, gym, sauna, steam room, spa and movie theatre
• Short stroll to beach and Kurrawa Surf Club
• Close to restaurants, cafes, bars & Star Casino

ADDITIONAL INFORMATION:
Body Corporate: Approx. $121/week
Council Rates: Approx. $2135/bi-annual
Water Rates: Approx. $372/quarter
Long Term Rental Appraisal: Approx. $1600-$1800/week
Short Term Letting Appraisal: Approx. $95 - $105K Net Return

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

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Property History for 2808/12 Philip Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,575,000
20 May 2024
  • 09 May 2024
    Sold for $1,575,000
  • 07 Mar 2024
    Listed for Sale Contact Agent
  • 08 May 2018
    Sold for $999,000

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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.

Broadbeach has 8,880 properties. Over the last 5 years, Houses in Broadbeach have seen a 69.47% increase in median value, while Units have seen a 89.20% increase. As at 30 September 2024:

  • The median value for Houses in Broadbeach is $1,497,144 while the median value for Units is $1,054,340.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 95 properties listed for sale, and 29 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 500 properties were sold in the past 12 months in Broadbeach.

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Anthony Cheeseman
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Ray White - Prestige Gold Coast
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