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Sold on 19 Oct 2024 for $2,100,000

78 Boomerang Crescent
Bundall QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 303m2
Land area: 776m2
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Property Details for 78 Boomerang Cres, Bundall

78 Boomerang Cres, Bundall is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 776m2 and floor size of 303m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Bundall in the last 12 months.

Building Type
House
Floor Size
303m2
Land Size
776m2
Local Government
Gold Coast City
Lot/Plan
92/RP123395

Last Listing description (October 2024)

Rare Isle of Sorrento Opportunity Moments from Main River.

Occupying a generous waterfront block metres from Main River, this original single-level house presents a rare and versatile opportunity on the Isle of Sorrento.
The 776m2* property is one of only 137 in the prestigious community, which offers a sense of seclusion while remaining close to popular conveniences, beaches and lifestyle precincts.

Solidly built circa 1990, the residence comprises three sizeable bedrooms along with a large study, which could easily be utilised as a fourth bedroom.
A sprawling living room is adjoined by the open kitchen and dining zone, and all integrate seamlessly with covered and alfresco entertaining areas with unobstructed views down the long water inlet.

Lush gardens surround a deep lagoon-style pool to lend a resort-style ambience to the front yard, while multiple flat lawns cater to children and pets. Just beyond the private sandy beach is a finger pontoon, where you can store your vessels when not out cruising the waterways.

The existing home could be leased to generate a strong holding income, or elevated with a modern renovation. Those wanting to maximise the site's value could do so with the construction of a luxurious new dream home worthy of this premium waterfront position.

The Highlights:
- Original single-level house built circa 1990; first time available since 2009
- 776m2* waterfront block fronting protected Main River inlet; 140m* from Main River and only three bridges to the Broadwater
- Rare opportunity, one of only 137 properties on Isle of Sorrento; wide and secluded street
- Prime investment, renovation or knockdown-rebuild opportunity
- Finger pontoon; private sandy beach
- Deep, lagoon-style pool surrounded by lush tropical gardens; front, side and rear lawns
- Covered and uncovered waterfront terraces for entertaining
- Sprawling living area with outdoor access
- Open kitchen and dining area, can be enclosed with bifold doors; outdoor access
- Kitchen features oven, electric cooktop, double sink, abundance of storage and bench seating
- Waterfront primary bedroom features walk-in robe, outside access and ensuite with shower, double vanity and toilet
- Two additional bedrooms with built-in robes
- Large study with potential for use as fourth bedroom
- Main bathroom features built-in bath, shower, single vanity and toilet
- Large laundry with outdoor access
- Double garage with built-in work bench and storage; gated driveway for additional off-street parking
- Fully-fenced property with gated vehicle and side access

Income & Outgoings:

Council Rates: $5,277.34 per annum approximately
Rental Appraisal: $1,100 - $1,300 per week approximately

Isle of Sorrento is a peaceful and prestigious waterfront community favoured for proximity to Main River and key conveniences. Located only 140m from Main River and with only three bridges between it and the Broadwater, this address is perfect for boating enthusiasts. Sorrento Shops are just 1km away, while the lifestyle precincts of Broadbeach and Surfers Paradise, with their renowned shopping, dining and nightlife options, are both within a 5km radius. Golfing enthusiasts will appreciate being surrounded by a choice of popular courses, and the closest patrolled beach is 3.5km. For families, highly regarded private schools including The Southport School, St Hilda's School and Emmanuel College are all within 7.5km. Proximity to major connecting roads facilitates easy travel around the Gold Coast, including south to Coolangatta.

Explore the endless potential of this prime Isle of Sorrento property just off Main River – contact Marco De Vincentiis 0433 112 260, Ryan Ward 0405 309 359 or Darryl Bright 0481 205 205.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 78 Boomerang Cres, Bundall, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$2,100,000
19 Oct 2024
Listed for Rent
$690/w
25 Sep 2014
  • 19 Oct 2024
    Sold for $2,100,000
  • 28 Aug 2024
    Listed for Sale Sold - $2,100,000
  • 22 Aug 2014
    Listed for Rent $700 / week
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About Bundall 4217

The size of Bundall is approximately 3.9 square kilometres. It has 9 parks covering nearly 11.6% of total area. The population of Bundall in 2011 was 4,188 people. By 2016 the population was 4,520 showing a population growth of 7.9% in the area during that time. The predominant age group in Bundall is 40-49 years. Households in Bundall are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bundall work in a professional occupation. In 2011, 72.2% of the homes in Bundall were owner-occupied compared with 72% in 2016.

Bundall has 2,569 properties. Over the last 5 years, Houses in Bundall have seen a 97.62% increase in median value, while Units have seen a 82.87% increase. As at 31 October 2024:

  • The median value for Houses in Bundall is $1,917,726 while the median value for Units is $710,431.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 24 properties listed for sale, and 31 properties listed for rent in Bundall on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Bundall.

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Contact agent
Darryl Bright
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Ryan Ward
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Kollosche
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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.