OFF MARKET

18 Errol Avenue
Paradise Point QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 177m2
Land area: 539m2
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Last updated 16 Dec 2024
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Property Details for 18 Errol Ave, Paradise Point

18 Errol Ave, Paradise Point is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 539m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1993
Floor Size
177m2
Land Size
539m2
Local Government
Gold Coast City
Lot/Plan
10/RP78424

Last Listing description (November 2022)

JEWEL POSITION - KEEP TENATNED, RENOVATE, BUILD OR DEVELOP-CHOICE IS YOURS
Best location in Paradise Point, renovate, build a new home or develop in this jewel position!

If you are looking for options, this property possesses endless! Positioned on a large 539m2 block and zoned Medium Density Residential, this is an appealing allotment for the astute developer. The dual living layout provides seamless accommodation for larger families or side income potential - live in one and rent the other!

Achieving $905 per week currently (combined rent for upstairs and downstairs, both on periodic tenancies), this is an excellent investment opportunity or opt for vacant possession - the choice is yours!

Neat and tidy, this property has been maintained well by the owners and tenants. The enviable large backyard is fully fenced allowing ample room for children or pets to play.

Upstairs comprises of 1 bedroom, 1 bathroom and a generous kitchen and living area. Downstairs features 2 bedrooms, 1 bathroom plus a separate laundry and powder room, a spacious kitchen/living area and a separate media room. There is also a garage plus additional off street parking as well as a garden shed for extra storage.

You will not find a better location than this! Only 1 minute walk to the beach, 2 minutes walk to the shops, restaurants, parklands and Paradise Point village and metres from your door to public transport.

This will not last, contact Edin Kara today!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.

Property History for 18 Errol Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,350,000
12 Sep 2022
Listed for Rent
15 Mar 2023
  • 12 Sep 2022
    Sold for $1,350,000
  • 26 Jul 2022
    Listed for Sale Auction 12th September
  • 27 Jul 2021
    Listed for Rent $420 / week
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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 4,381 properties. Over the last 5 years, Houses in Paradise Point have seen a 96.66% increase in median value, while Units have seen a 97.70% increase. As at 30 November 2024:

  • The median value for Houses in Paradise Point is $2,100,757 while the median value for Units is $1,358,076.
  • Houses have a median rent of $900 while Units have a median rent of $660.
There are currently 72 properties listed for sale, and 9 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 222 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.