SOLD
Sold on 21 Nov 2023 for $792,000

11/8 Paradise Parade
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 958m2
Sold By
McGrath Paradise Point (F)
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Property Details for 11/8 Paradise Pde, Paradise Point

11/8 Paradise Pde, Paradise Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 958m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
110m2
Land Size
958m2
Local Government
Gold Coast City
Lot/Plan
11/BUP4293

Last Listing description (August 2024)

Buyers desire this tightly held location; however, seldom does property become available as the demand for Paradise Point waterside offerings has reached a fever pitch

Welcome to 11/8 Paradise Parade, a two-bedroom apartment with a lock-up garage. Beautifully presented, this 1980s-built post-modernist apartment is character-filled and ready to move into now.

Position, character and presentation provide the essence of this home.

Position.
Nestled on the Coomera River and flanked by new buildings that command prices of approximately $3-4 million. The position is second to none, being just a short stroll to the Salacia Waters cafes and bars, local parks, and the stunning Paradise Point beaches. The building also boasts a pool overlooking the water, a spa and sauna as well as a BBQ area and jetty/pontoon for residents only.

Character
A solid brick apartment block built in a bygone era, 28 Paradise Parade has retained its original character over the years. The boutique nature of the block, with only 28 apartments, provides intimacy and community in a sought-after neighborhood.

Presentation
The recent touch-ups have enhanced the features of this gorgeous and spacious two-bedroom. Move in, relax, and enjoy.

Strategically located, Paradise Point is close to the action of Main Beach, Surfers Paradise, Broadbeach, and Burleigh, yet a world away from the tourists and the hustle these iconic locations command. A short drive northwest (5-8 minutes), and you can be at Sanctuary Cove for those sunny day lunches or dinners; a bit further, and you are on the M1 motorway heading either north to Brisbane or south to Coolangatta Airport.

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property History for 11/8 Paradise Pde, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$792,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $792,000
  • 09 Nov 2023
    Listed for Sale Contact Ian Spurle
  • 12 May 2022
    Sold for $710,000
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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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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.