SOLD
Sold on 22 Jun 2024 for $700,000

2/46 Milton Avenue
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
Floor area: 80m2
Land area: 104m2
Save

Property Details for 2/46 Milton Ave, Paradise Point

2/46 Milton Ave, Paradise Point is a 2 bedroom, 1 bathroom House with 4 parking spaces and was built in 1981. The property has a land size of 104m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Year Built
1981
Floor Size
80m2
Land Size
104m2
Local Government
Gold Coast City
Lot/Plan
2/SP180456

Last Listing description (August 2024)

A unique opportunity has arrived to secure one or two duplex's in the heart of Paradise Point. This is a rare buying opportunity for all builders, developers & investors. Currently Zoned as medium density RD3 . This property is prime for redevelopment. Subject to council approval which will allow a height of 3 stories/15 metres (Minimum lot size 250m2).

Nestled in the heart of the family-friendly 'Paradise Point' neighborhood, this property is located in a highly desirable and close-knit community. Just a short walk away, residents can enjoy a variety of amenities such as shops, restaurants, cafes, medical services, and public transport. Additionally, the area boasts expansive waterfront parklands and is only a brief stroll to the beach, making it an ideal location for families seeking both convenience and a strong sense of community.

Constructed with solid double brickwork and in excellent condition. They can be purchased individually or together, subject to the right price being offered.

Land: 506 sqm
Frontage: 15* meters
Length: 33* meters

Duplex 1:
- Low set duplex
- Lounge room with air conditioning
- 2 Bedrooms
- Bathroom & laundry
- Undercover entertaining patio area
- Fenced yard
- Single garage
- Rented for $515 per week until September 2024

Duplex 2:
- Low set duplex
- Lounge room with air conditioning
- 2 Bedrooms
- Bathroom & laundry
- Undercover entertaining patio area
- Fenced yard
- Single garage
- Rented for $515 per week until September 2024

This property is a bluechip investment and an opportunity not often available on the market, don't miss your chance to secure today, please contact James Drake on 0449 747 491

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 here

Property History for 2/46 Milton Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$700,000
22 Jun 2024
  • 22 Jun 2024
    Sold for $700,000
  • 30 May 2024
    Listed for Sale Under Contract

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 4,369 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 83 properties listed for sale, and 10 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 219 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
Contact agency
Show contact details
Ray White Sovereign Island
Preferred contact:
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.