8427 Magnolia Drive EHope Island QLD 4212
Property Details for 8427 Magnolia Dr E, Hope Island
8427 Magnolia Dr E, Hope Island is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 1261m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
This spacious 3 bedrooms apartment has amazing scenic views over the 17th fairway of the prestigious Hope Island "Links" golf course and tranquil Lake Lugano beyond. Enjoy the elevated views from the large entertaining balcony which is a feature of these apartments.
A mere short buggy ride or stroll to the Marina Shopping Village and Sanctuary Cove Resort is where you will find shops, harbour front restaurants and medical facilities. Enjoy the easy relaxed lifestyle that only Hope Island can offer! Approved by Foreign Investment Review Board for sale to non-Australian residents.
Built by the Walker Corporation to the highest standard, the features include:
- 3 bedrooms, Master with en-suite and WIR, 2 bathrooms
- North East facing with beautiful views overlooking Links Golf Course
- Spacious open plan living area
- Fully tiled large balcony terrace, designed for entertaining
- Modern kitchen with granite bench tops, stainless steel appliances
- Security gates and 24/7 patrols
- Emergency button ( 24 hours) in the property
- 2 parking spaces plus powered buggy space
- Storage facility in the parking area
- Nearby access to residents swimming pool, BBQ and tennis court
- 25 m swimming pool for Hope Island resort residents
Gold Coast council rate approx. $2400 /year
Water rate approx. $970.00 /year
Body Corporate approx. $239.00 /week
Hope Island is perfectly positioned on the northern Gold Coast only 45 minutes drive to Brisbane International Airport, 35 minutes to Coolangatta International Airport and 15 minutes to Surfers Paradise, with its world famous beaches, shopping and dining. With a deep water marina, shops, Harbour front restaurants, theme parks, schools and three internationally acclaimed Golf Courses all within a 5 km - 10 km radius, Hope Island is wonderfully located.
Resorts such as Hope Island are unlikely to ever be repeated because of the lack of suitable prime position golf course zoned land. Waterfront and golf frontage real estate is expected to experience greater capital gains than standard property in the future given its inherent appeal. Experience the lifestyle that only Hope Island offers!
Do not miss this exclusive opportunity - call Yoko to arrange an inspection today!
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 enquiries to verify the information contained herein.
Property History for 8427 Magnolia Dr E, Hope Island, QLD 4212
- 28 Apr 2023Sold for $800,000
- 12 Apr 2023Listed for Sale Offers over $850,000
- 03 Feb 2015Sold for $415,000
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About Hope Island 4212
The size of Hope Island is approximately 14.2 square kilometres. It has 15 parks covering nearly 21.5% of total area. The population of Hope Island in 2011 was 8,481 people. By 2016 the population was 11,203 showing a population growth of 32.1% in the area during that time. The predominant age group in Hope Island is 60-69 years. Households in Hope Island are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hope Island work in a managers occupation. In 2011, 64.6% of the homes in Hope Island were owner-occupied compared with 67.5% in 2016.
Hope Island has 8,827 properties. Over the last 5 years, Houses in Hope Island have seen a 94.18% increase in median value, while Units have seen a 75.68% increase. As at 31 October 2024:
- The median value for Houses in Hope Island is $1,472,272 while the median value for Units is $937,383.
- Houses have a median rent of $1,150 while Units have a median rent of $800.
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