OFF MARKET

18/5-7 Cronin Avenue
Main Beach QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 283m2
Land area: 543m2
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Property Details for 18/5-7 Cronin Ave, Main Beach

18/5-7 Cronin Ave, Main Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 543m2 and floor size of 283m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1995
Floor Size
283m2
Land Size
543m2
Local Government
Gold Coast City
Lot/Plan
18/BUP102738

Last Listing description (October 2022)

Commanding the entire 9th and 10th floor & sprawling over 284m2, this opportunity is rare & your chance to own the best valued penthouse in Main Beach.

Presented in original condition & ready to renovate, an astute buyer will see the value that can be unlocked in this huge property. Bring your ideas & designer along, & reinvent this penthouse to your vision and taste.

The master bedroom suite has its own outdoor terrace meaning privacy & peace on top of the world, with a further 2 bedrooms, bathroom, powder & multiple living spaces also opening to a huge terrace on the lower level.

With a sunny northerly aspect overlooking the tropical gardens and pool, this spacious apartment is perfectly positioned in the heart of Main Beach, just minutes walk from the beach, Tedder Avenue cafes & the light rail.

Seychelles is a boutique building of only 18 apartments, and is sought after for its lushly landscaped grounds and huge resort style pool area - all positioned in the heart of Main Beach with dual access from both Cronin Ave and the famous Woodroffe Ave.

The overseas owner is genuinely selling and asked for all offers to be presented.

Apartment features:
- Three bedrooms and two bathrooms plus powder room
- Large tandem car space + room for storage
- 360 ' views with a prominent northerly aspect
- Offered unfurnished & ready to renovate to your style
- Immense balconies allowing for entertaining no matter the prevailing wind
- Large master bedroom with ensuite and walk-in robe
- Large living areas to soak in the views
- Perfectly positioned between the waves and Tedder Avenue
- Secure complex with a FOB system & building manager
- Boutique 9 floor building with only 18 apartments
- Large pool & BBQ facilities, outdoor shower area

The upmarket island like suburb of Main Beach lies between the Gold Coast tourism Mecca of Surfers Paradise and the commercial locale of Southport. Bordered by the blue waters of the Pacific Ocean and tranquil waters of the Gold Coast Broadwater. An Ultimate lifestyle where one can dine alfresco and enjoy the company of friends at sidewalk cafes and restaurants, enjoy the patrolled beaches with a short walk to the light rail. For all these reasons and more Main Beach is seeing excellent capital gains now and into the future.

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 18/5-7 Cronin Ave, Main Beach, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,300,000
20 Jul 2022
  • 20 Jul 2022
    Sold for $1,300,000
  • 26 May 2022
    Listed for Sale $1,550,000
  • 31 Aug 1994
    Sold for $675,000

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About Main Beach 4217

The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years. Households in Main Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 2016.

Main Beach has 3,778 properties. Over the last 5 years, Houses in Main Beach have seen a 8.80% increase in median value, while Units have seen a 99.86% increase. As at 30 September 2024:

  • The median value for Houses in Main Beach is $1,545,793 while the median value for Units is $1,461,463.
  • Houses have a median rent of $950 while Units have a median rent of $850.
There are currently 74 properties listed for sale, and 11 properties listed for rent in Main beach on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Main beach.

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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.