SOLD
Sold on 28 May 2024 for $900,000

55 Franklin Drive
Mudgeeraba QLD 4213

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 32194m2
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Property Details for 55 Franklin Dr, Mudgeeraba

Building Type
Commercial
Land Size
32194m2
Local Government
Gold Coast City
Lot/Plan
22/SP184240

Last Listing description (May 2024)

Offered for sale for the very first time, Coastal Commercial is proud to present this highly unique opportunity on behalf of one of Mudgeeraba's pioneering families.

Situated in the heart of the central Gold Coast, this expansive and generally level landholding is a rare gem. Boasting a substantial existing homestead and additional land for potential development, it offers a diverse range of options and a picturesque hinterland outlook. Located just minutes away from Mudgeeraba Village and Sporting Fields, M1 Pacific Motorway, Robina Town Centre, and renowned schools, this property is a haven of convenience.

Significant landholding never before offered for sale, comprising the very last component of the original 'Oakey Farm'

Highly desirable central Gold Coast location within very close proximity of all amenities, ensuring convenience without sacrificing space and privacy
Comprises two adjoining titles/allotments totaling an impressive 36,217m2 (8.949 acres)
Substantial existing homestead spanning approximately 368m2* offering 3 bedrooms plus office plus large second living and 2 bathrooms with original stable, machinery shed and detached double garage/'mancave' - ripe for renovation or extension
Balance parcel encompasses a tree farm, offering an ideal setting for a high-quality lifestyle retreat, second dwelling or equine facility, providing endless possibilities for discerning buyers
Enjoy delightful hinterland views from both lots with quick and easy access to Mudgeeraba Village and Sporting Grounds, M1 Pacific Motorway and acclaimed schools including Somerset College, Clover Hill, Kings College and Hillcrest.
Just a short 5 minute drive to Robina Town Centre and 20 mins to Mermaid Beach and Burleigh Heads surfing beaches, offering the perfect blend of coastal and hinterland living.

Don't miss out on this once-in-a-lifetime opportunity to own a piece of Mudgeeraba's history and create your own idyllic lifestyle retreat.

Please contact the marketing agent Dax Roep to arrange your private viewing or obtain a detailed Information Memorandum.

*Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 55 Franklin Dr, Mudgeeraba, QLD 4213

A timeline of how this property has performed in the market
Last Sold
$900,000
28 May 2024
  • 31 May 2024
    Listed for Sale Offers over $2,575,000
  • 28 May 2024
    Sold for $900,000

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About Mudgeeraba 4213

The size of Mudgeeraba is approximately 25.8 square kilometres. It has 25 parks covering nearly 9.1% of total area. The population of Mudgeeraba in 2011 was 13,203 people. By 2016 the population was 13,615 showing a population growth of 3.1% in the area during that time. The predominant age group in Mudgeeraba is 40-49 years. Households in Mudgeeraba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgeeraba work in a professional occupation. In 2011, 68.3% of the homes in Mudgeeraba were owner-occupied compared with 70.8% in 2016.

Mudgeeraba has 5,594 properties. Over the last 5 years, Houses in Mudgeeraba have seen a 93.12% increase in median value, while Units have seen a 105.90% increase. As at 31 October 2024:

  • The median value for Houses in Mudgeeraba is $1,204,251 while the median value for Units is $803,827.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 45 properties listed for sale, and 7 properties listed for rent in Mudgeeraba on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Mudgeeraba.

Suburb Insights for Mudgeeraba 4213

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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.