OFF MARKET

15-19 Royal Albert Crescent
Paradise Point QLD 4216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2566m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 15-19 Royal Albert Cres, Paradise Point

15-19 Royal Albert Cres, Paradise Point is a 0 bedroom, 0 bathroom House. The property has a land size of 2566m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Land Size
2566m2
Local Government
Gold Coast City
Lot/Plan
19/SP310699

Last Listing description (October 2024)

Tony Grbcic and Adam Grbcic from Kollosche are excited to present a unique and prestigious opportunity at 15-19 Royal Albert Crescent, Paradise Point (Sovereign Islands), QLD.

Nestled within the prestigious Sovereign Islands enclave, this waterfront site offers a rare chance to indulge in luxury living at its finest. This extraordinary 2,566m2 allotment is the last triple block available in the elite, gated Sovereign Islands community.

Royal Albert Crescent is part of the sixth and newest interconnected island, featuring round-the-clock security patrols. Enjoy being just a 5-minute drive from the cafes, parks, restaurants, and amenities of Paradise Point.

Exceptionally rare and boasting a staggering 90m waterfront, you're spoilt for choice with multiple enticing avenues available for capitalisation. Use the entire blank canvas to design and build a trophy home that sets a new high standard in waterfront luxury, complete with custom resort-style amenities for your exclusive use.

There's also the potential to subdivide the three blocks (STCA), offering lucrative appeal. Alternatively, take advantage of the existing Development Approval (DA) for a boutique development, "Windsor on Royal Albert." This development comprises eight luxury apartments with rooftop amenities and eight individual marina berths of varying sizes and orientations.

Key Attributes:
-Land Size: 2,566m2*
-Water Frontage: 90m*
-Exclusive vacant site nestled within the esteemed Sovereign Islands enclave
-Unique opportunity as the only luxury apartment waterfront development site in the estate
-Exceptional waterfront lifestyle in a gated residential community

Development Approval Summary:
-8 luxury apartments with varying sizes and orientations
-Each apartment comes with an approved marina berth
-The elevated position ensures panoramic water vistas
-Zoned for Medium Density Residential, offering flexibility in design and use

For further information, please contact Adam or Tony Grbcic from Kollosche.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 15-19 Royal Albert Cres, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$12,650,000
27 Jul 2022
  • 24 Jun 2024
    Listed for Sale $8,000,000 plus GST
  • 03 Mar 2023
    Listed for Sale CONTACT AGENT
  • 27 Jul 2022
    Sold for $12,650,000
Sign in to see more transactions

Commute Calculator

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 4,370 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 82 properties listed for sale, and 10 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

Market Insights
Paradise Point Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Paradise Point Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.