SOLD
Sold on 13 Mar 2024 for $750,000

24/48 The Esplanade
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 98m2
Land area: 1125m2
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Property Details for 24/48 The Esplanade, Paradise Point

24/48 The Esplanade, Paradise Point is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 1125m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
98m2
Land Size
1125m2
Local Government
Gold Coast City
Lot/Plan
24/BUP9688

Last Listing description (April 2024)

Positioned on the top floor of the sought-after Sovereign Waters apartment complex, taking advantage of the sea breezes and peaceful Broadwater views, this 2 bedroom, 2 bathroom unit presents a great opportunity for investors currently leased for $750 per week.

Open plan in design, this bright and spacious apartment opens onto an entertaining balcony overlooking the pool, with views of the beautiful parklands and Broadwater providing the perfect spot to relax and unwind.

Offering two light-filled bedrooms, the master features an ensuite and walk-in robe. The stylish kitchen has been renovated and features a breakfast bar and dishwasher. Additional features include a large separate laundry and secure tandem car accommodation.

The three-level Sovereign Waters apartment complex is sprawled over 3049m2 land in a prime location and features a sparkling resort-style pool and barbeque area set amongst lush tropical garden surrounds.

Situated directly opposite Paradise Point waterfront parklands, literally a stones throw from the enclosed swimming area and an array of shops, restaurants, and cafes, this desirable location will continue to be highly sought after with its proximity to amenities.

Property Features:
Two light-filled bedrooms and two bathrooms
Top floor position with views to the parklands and Broadwater
Bright interior with an abundance of natural light and sea breezes
Open plan living and dining area with air-conditioning
Newly renovated kitchen features breakfast bar, dishwasher and plenty of cupboard space
Master bedroom features ensuite and walk in robe
Private balcony with views over the pool and gardens
Separate laundry
Ceiling fans throughout
Two secure car spaces
Two storage sheds (one in each car space)
Complex features pool and BBQ area with tropical garden surrounds
Low body corporate fees
Location Highlights:
20 metres to the stunning Broadwater and Paradise Point Parklands with picnic tables, childrens playground, sandy beach, swimming enclosure and pier.
50 metres to an array of shops, restaurants and cafes.
2 minute drive to Paradise Point Marina (1.3km)
Fishing, boating, swimming, playing, shopping, and dining - all on the doorstep!

Dont miss this one! Contact Ben Doyle today on 0410 665 215 to arrange a private inspection.

Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

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 24/48 The Esplanade, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$750,000
13 Mar 2024
Listed for Rent
$700/w
17 Mar 2023
  • 13 Mar 2024
    Sold for $750,000
  • 05 Mar 2024
    Listed for Sale Under Contract
  • 13 Mar 2023
    Listed for Rent $700 / 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 4,369 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 80 properties listed for sale, and 11 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 216 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.