SOLD
Sold on 04 Jun 2024 for $2,750,000

118 Savoy Drive
Broadbeach Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 551m2
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Property Details for 118 Savoy Dr, Broadbeach Waters

118 Savoy Dr, Broadbeach Waters is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1989. The property has a land size of 551m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Broadbeach Waters in the last 12 months.

Building Type
House
Year Built
1989
Land Size
551m2
Local Government
Gold Coast City
Lot/Plan
420/RP88344

Last Listing description (January 2020)

You are investing in lifestyle rather than purchasing real estate here. Every now and again you will get an opportunity to have a lifestyle that works for 2 families, whatever the connection may be. Huge capital growth either way, but an opportunity to control a special lifestyle forever

This is one out of the box that is a forever purchase


It is nearly impossible to find a beautiful resort style class act plus a totally independent renovated villa all on the same site. Have you finally found it?
A special, exclusive resort style home plus an independent villa unit, each providing exclusive addresses but joined at the hip.
The awesome resort has 118 Savoy Drive as its special address and the sizable villa fronts 3 Karina Crescent, in the heart of the highly sought-after Florida Gardens precinct of Broadbeach Waters

Two separate titles, plus two street frontages and addresses may enable you to develop or perhaps re-align title boundaries to suit your needs (STCA)

Two for the price of one, as will be sold as one with two titles and two homes.

This extraordinary development is ideal for many special or unique purposes that you may have been looking for and may never find again.

A truly beautiful home plus a further separate abode ideal for the extended family, Airbnb, permanent tenancy or holiday letting income, older or teenage children, grandparents, parents, in-laws, out-laws, overseas and interstate visitors or a sizable home business. Or invest and rent both homes out. Or re-develop (STCA)

On offer is a gorgeous three bedroom home infused with style and character ideal for today's living and provides one of the most iconic kitchens that any renowned chef could dream of. Massive island bench and very wide-open servery merging the inside with outside overlooking the resort style swimming pool and covered alfresco areas

Also provides extremely large, formal dining area, living room with Open Fire Place (OFP), wine cellar and double garage

Separate to the main residence is a spacious, recently renovated, light-filled 2-bedroom private villa. It also provides a great kitchen overlooking the living room, and a separate carport from Karina Crescent

Both properties share the swimming pool (with water feature) and many outdoor alfresco dining areas, while retaining independent living

Combined land size of 1113sm:
118 Savoy Drive: 551sm (18.4m street frontage)
3 Karina Cres: 562sm (14.5m street frontage)

OTHER FEATURES INCLUDE:

- An in-built security safe
- Split cooling systems throughout
- 3rd bedroom in main home has a separate entrance and ideal for home office
- 6KW inverter Solar Panels
- Swimming Pool is separately solar heated, compliant and night lights
- 2 Televisions remain
- Kitchen provides two large refrigerator spaces (one is plumbed)

SUBURB SYNOPSIS

Broadbeach Waters is located inland of Broadbeach, a short 3 kilometres from Surfers Paradise and incorporates the Florida Gardens canal estate. It has an abundant number of homes located on the canals which attract boaties and water lovers.
The Gold Coasts Prime Icons like the new multi-million-dollar Pacific Fair, the Star Casino and the Convention Centre all within a stone's throw. Plus, the beaches, light rail (G-Link or trams), the Oasis Shopping Centre and the Broadbeach Shopping hub at your door. You will enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes' drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Contact Campbell Moore on 0414333722, E: campbell@campbellmoore.com.au or www.facebook.com/CampbellMooreRealEstate if you wish to inspect this home, or if you wanted/needed real estate advice or free market appraisal on your own home or investment.
"Campbell MOORE Sells MOORE"

Property History for 118 Savoy Dr, Broadbeach Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,750,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $2,750,000
  • 15 Aug 2019
    Sold for $1,430,000
  • 30 Jul 2019
    Listed for Sale $1,450,000 + buyers
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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 4,012 properties. Over the last 5 years, Houses in Broadbeach Waters have seen a 98.42% increase in median value, while Units have seen a 80.19% increase. As at 31 October 2024:

  • The median value for Houses in Broadbeach Waters is $2,251,746 while the median value for Units is $950,464.
  • Houses have a median rent of $1,275 while Units have a median rent of $715.
There are currently 37 properties listed for sale, and 10 properties listed for rent in Broadbeach waters on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Broadbeach waters.

Suburb Insights for Broadbeach Waters 4218

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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.