SOLD
Sold on 12 Jan 2024 for $1,600,000

10 Abalone Avenue
Paradise Point QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 506m2
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Property Details for 10 Abalone Ave, Paradise Point

10 Abalone Ave, Paradise Point is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 506m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
120m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
634/RP90277

Last Listing description (June 2024)

Development opportunity located on the northern Gold Coast with approved DA plans for ready to build luxury residential apartments.
Nestled in the heart of Paradise Point this residence boasts opportunity for immediate development or established rental income. The aspect has exceptional views over the north-eastern Broadwater and Sovereign Islands, and north-western hinterland with close proximity to waterfront, parkland, shops and restaurants.
With only one unit per floor, this ensures delivery of an unparalleled sense of privacy, with design considerations for luxury and grandeur that will truly set it apart. Discover the pinnacle of refined living with the four residences with a basement car park and penthouse with a full rooftop terrace & pool, all benefiting the same spectacular views. Every consideration has been taken to ensure liveability and practicality of what encompasses luxury apartment living on the Gold Coast.

- Blue Chip Position, just meters from The Broadwater, Paradise Point Parklands and Paradise Point shops and restaurants
- Architecturally designed 4 x 3 Bedroom Unit's and rooftop pool for the penthouse, ready for astute buyer to build
- Spectacular beach, park, Broadwater and Sovereign Islands views - east to north facing
- Tenanted until next year to allow you to prepare the BA approval and be ready to build whilst receiving holding income

Currently tenanted until 2024 with approved DA plans included.

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Property History for 10 Abalone Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,600,000
12 Jan 2024
  • 12 Jan 2024
    Sold for $1,600,000
  • 04 Oct 2023
    Listed for Sale $1,600,000+
  • 30 Jul 2021
    Sold for $1,100,000
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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 4,389 properties. Over the last 5 years, Houses in Paradise Point have seen a 110.08% increase in median value, while Units have seen a 104.03% increase. As at 31 July 2024:

  • The median value for Houses in Paradise Point is $2,220,777 while the median value for Units is $1,298,732.
  • Houses have a median rent of $920 while Units have a median rent of $650.
There are currently 99 properties listed for sale, and 9 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Paradise point.

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