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.
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.
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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:
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