SOLD
RECENT ADVICE
Sold on 03 Sep 2024 for $1,650,000

2/20 Drake Avenue
Paradise Point QLD 4216

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 562m2
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Property Details for 2/20 Drake Ave, Paradise Point

2/20 Drake Ave, Paradise Point is a 4 bedroom, 2 bathroom Unit with 4 parking spaces. The property has a land size of 562m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Land Size
562m2
Local Government
Gold Coast City

Last Listing description (October 2024)

Situated on a generous 562sqm block in the highly sought-after Paradise Point Peninsula, this exceptional property offers a rare opportunity for flexible living. Perfect for families, investors, or those seeking dual living arrangements, this dynamic duo of homes provides endless possibilities.

Villa One: Sophisticated Coastal Retreat
Urban Elegance: Experience sophisticated urban style with modern coastal influences. Enjoy vivid white living spaces with high gloss polished aggregate concrete, soaring ceilings, ambient wall lighting, and distinctive pendant fixtures.

Seamless Indoor-Outdoor Living: French doors lead to a full-width alfresco deck featuring surf mist hardwood timber and an elegant eucalyptus pole roofline. Surround yourself with the fragrance of jasmine and the beauty of an olive espalier.
Gourmet Kitchen: The bright kitchen is equipped with quality appliances and 2 Pac cabinetry. The separate dining area features a custom bench and a stylish bespoke barn door.
Luxurious Comfort: Two spacious bedrooms with ceiling fans and quadruple wardrobes. The master bedroom boasts defused lighting sconces. Enjoy a luxurious bathroom with honey oak ceramic tiles, handmade Spanish clay wall tiles, VJ accents, carved rock basins, gypsum pendants, and heated towel rails.
Additional Features: Includes split system air conditioning, security shutters, all new windows, internal access garage, festoon-lit carport with automatic entry, pedestrian gate, stepping plank approach, level lawns, and a charming arbor.

Villa Two: Coastal Elegance Meets Modern Comfort
Stylish and Comfortable: Coastal elegance with a contemporary twist. The air-conditioned lounge features a cozy fireplace and high ceilings, opening to an inviting entertaining patio with an insulated roofline amidst lush tropical landscaping.
Charming Dining Area: Defined dining room with curved arches and shelves. The bright kitchen boasts quality appliances and 2 Pac cabinetry.
Comfortable Living: Two generous bedrooms with ceiling fans and quadruple wardrobes, with air-conditioning in the master bedroom. Refreshing, fully tiled main bathroom and a separate laundry.
Security & Features: Crimsafe security screens and new windows throughout. Includes an internal access garage, automatic carport, pedestrian gates, fragrant jasmine arbor, and a stepping stone approach. Enjoy lush lawns, rainwater tanks, a garden shed workshop, and a fernery.

Prime Location & Investment Potential
Desirable Location: A short walk to Paradise Point Village, featuring a vibrant caf culture and coastal charm.
Recreational Opportunities: Enjoy easy access to saltwater shorelines, parks, and boat harbour reserves linked by boardwalks and piers, perfect for recreational activities and social events.
Future Potential: Zoned for possible 2x 2.5 level freestanding homes. Currently one title, one rates notice, and no Body Corporate.

Why Wait? This property offers unparalleled flexibility and potential. Don't miss your chance to secure this unique opportunity. Contact the Weir Brothers today to arrange your viewing and experience the best in coastal living!

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 purchasers should make their own enquiries to verify the information contained herein.

Property History for 2/20 Drake Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,650,000
03 Sep 2024
  • 03 Sep 2024
    Sold for $1,650,000
  • 01 Aug 2024
    Listed for Sale Contact Agent
  • 10 Oct 2017
    Listed for Sale $829,000 (under offer)

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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 4,376 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 87 properties listed for sale, and 5 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 215 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.