SOLD
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Sold on 18 Oct 2024 for $2,175,000

108 Monaco Street
Broadbeach Waters QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 938m2
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Property Details for 108 Monaco St, Broadbeach Waters

Building Type
Land
Land Size
938m2
Local Government
Gold Coast City
Lot/Plan
42/RP114616

Last Listing description (October 2024)

Situated on a generous 938sqm parcel, this impressive property is nestled in a sought-after locale known for its highly coveted homes and promising returns on investment. Boasting a commanding position, it beckons you to savour water vistas and convenient access to the main river. Poised for acquisition, this remarkable address awaits the discerning buyer to craft a personal haven, offering the added allure of redevelopment possibilities STCA.

Embrace the opportunity to build your dream residence in this prime location. Catering to the savvy investor, the property is strategically positioned near the dynamic amenities of the Gold Coast, placing the heart of Broadbeach Waters within arm's reach. Pacific Fair shopping centre, along with the finest local cafes and restaurants, awaits just steps away, presenting a smart land banking prospect with boundless possibilities.

Indulge in the pleasures of coastal-park living with a leisurely stroll to the adjacent 40-acre Albert Parklands. This presents a genuinely unique chance for those seeking to revel in an exceptional location and a waterfront lifestyle. With limitless potential to establish your roots, the location effortlessly articulates its appeal.

Features include:
- 938 square meter block set back from the road
- Waterfront position
- Premier Monaco Street location
- Stones throw to main river
- Boat Ramp
- Potential for subdivision STCA

Suburb Profile:
The heart and soul of the Gold Coast. Home to world famous beaches, leafy parks, a multitude of dining, cafés and nightlife options, shopping mecca - Pacific Fair and The Star Casino. Broadbeach is within walking distance to everything – you won't need your car; Broadbeach Waters is perfect for those who like to live close to the 'action' but also far enough to enjoy a more quiet, tranquil location. The waterfront properties offer direct ocean access, ideal for water enthusiasts. Multiple Primary and Secondary schools and lots of great local gems provide a friendly community feel.

Property History for 108 Monaco St, Broadbeach Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,175,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $2,175,000
  • 11 Sep 2024
    Listed for Sale $2,500,000
  • 09 Jan 2024
    Listed for Sale $2,500,000
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About Broadbeach Waters 4218

The size of Broadbeach Waters is approximately 5.3 square kilometres. It has 7 parks covering nearly 5.9% of total area. The population of Broadbeach Waters in 2011 was 7,534 people. By 2016 the population was 7,783 showing a population growth of 3.3% in the area during that time. The predominant age group in Broadbeach Waters is 40-49 years. Households in Broadbeach Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Broadbeach Waters work in a professional occupation. In 2011, 73.5% of the homes in Broadbeach Waters were owner-occupied compared with 72.3% in 2016.

Broadbeach Waters has 4,014 properties. Over the last 5 years, Houses in Broadbeach Waters have seen a 93.28% increase in median value, while Units have seen a 82.24% increase. As at 30 September 2024:

  • The median value for Houses in Broadbeach Waters is $2,121,565 while the median value for Units is $950,177.
  • Houses have a median rent of $1,300 while Units have a median rent of $715.
There are currently 35 properties listed for sale, and 11 properties listed for rent in Broadbeach waters on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Broadbeach waters.

Suburb Insights for Broadbeach Waters 4218

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Dan Perry
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John Reid Real Estate
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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.