SOLD
Sold on 29 Apr 2024 for $700,000

1/59 Errol Avenue
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 221m2
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Property Details for 1/59 Errol Ave, Paradise Point

1/59 Errol Ave, Paradise Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 221m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
67m2
Land Size
221m2
Local Government
Gold Coast City
Lot/Plan
1/BUP1552

Last Listing description (May 2024)

Introducing 1/59 Errol Ave, Paradise Point. A 2-bedroom, 1-bathroom ground floor apartment with a private courtyard & large private lock up garage. Nestled in a boutique building of just four units, this modernized gem offers the perfect blend of comfort & convenience in a quiet neighbourhood.

The apartment has been renovated and modernised to adapt a 'beachy' theme with a private courtyard that is perfect for a morning coffee or wines in the afternoon.
Convenience is key with this prime location just a short stroll away from Paradise Point's vibrant shops, cafes, and restaurants.

This property boasts low body corporate costs, offering exceptional value for savvy investors and homeowners alike.

Property Features:
- Renovated throughout
- 2 well sized bedrooms
- Modernised bathroom
- Private courtyard
- Modern kitchen appliances
- Floating timber floorboards
- Large private lock up garage
- Short walk to The Broadwater
- Close to shops, caf's, restaurants & schools

For your private inspection call Fox's Real Estate on 5532 3333.

'The local agent you can trust'

Property History for 1/59 Errol Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$700,000
29 Apr 2024
Listed for Rent
$485/w
05 Jan 2021
  • 29 Apr 2024
    Sold for $700,000
  • 24 Apr 2024
    Listed for Sale Under Contract
  • 06 Dec 2021
    Sold for $555,000
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About Paradise Point 4216

The size of Paradise Point is approximately 4.1 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Paradise Point in 2011 was 5,929 people. By 2016 the population was 6,558 showing a population growth of 10.6% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise Point work in a managers occupation. In 2011, 62.8% of the homes in Paradise Point were owner-occupied compared with 65.7% in 2016.

Paradise Point has 4,369 properties. Over the last 5 years, Houses in Paradise Point have seen a 85.88% increase in median value, while Units have seen a 87.31% increase. As at 31 October 2024:

  • The median value for Houses in Paradise Point is $1,957,201 while the median value for Units is $1,267,726.
  • Houses have a median rent of $900 while Units have a median rent of $660.
There are currently 83 properties listed for sale, and 10 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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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.