SOLD
Sold on 26 Sep 2023 for $990,000

29 Abalone Avenue
Paradise Point QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 102m2
Land area: 506m2
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Property Details for 29 Abalone Ave, Paradise Point

29 Abalone Ave, Paradise Point is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 506m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Floor Size
102m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
656/RP90277

Last Listing description (March 2024)

Auction In Rooms, Tuesday 26th September at 11am, Harcourts Coastal Office, 12 Grice Avenue, Paradise Point

Nestled in the heart of Paradise Point, this double-storey brick home rests on a generous 506m2* block, offering an array of opportunities for those with a keen eye for real estate.

Situated just a brief stroll away from the picturesque Broadwater, this residence is perfectly placed. It boasts easy access to Paradise Point Village, schools, Paradise Point Parklands, and the beach, making it an ideal haven for embracing the sought-after Gold Coast way of life. Whether you're seeking to move in and renovate, knock down and re-build or a savvy investment, this property presents a myriad of possibilities for the astute buyer.

Option 1: Capitalize on the existing 'medium-density' zoning by constructing a pair of opulent villas that maximize the allure of this exceptional locale. Reside in one villa while potentially leasing or selling the other, or opt to sell both for a lucrative venture! Any development is ***Subject to Council Approval.

Option 2: Consider embarking on a renovation journey for the current residence. Leveraging its sturdy brick fa?ade, this home holds the promise of transformation into a remarkable abode, ripe for expansion and enhancement.***

Option 3: Maintain the current state of the home and opt to lease it, strategically preserving the property for potential future gains through land banking.

? 218m2* double-storey solid brick home
? 506m2* block with medium density zoning (make enquiries with town planning or council as to site's full potential)
? Merely 300 meters away from the captivating Broadwater, beach, and scenic Paradise Point Parkland
? Spacious open-plan lounge and dining area complemented by a practical kitchen
? Spacious master bedroom with built-in mirrored wardrobe & ceiling fan
? Two additional guest bedrooms for your convenience
? Main bathroom accompanied by a separate toilet for added convenience
? Laundry conveniently located within the garage, along with a separate lock-up storage room/workshop
? Outdoor covered deck affording views of the spacious fully-fenced yard
? Double automatic lock-up garage in addition to a double carport
*Approx.
*** Subject to Council Approval

This is an exceptional opportunity - give Shaun a call today so you don't miss out!

Disclaimer: This property is being sold by auction or 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. 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 29 Abalone Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$990,000
26 Sep 2023
  • 26 Sep 2023
    Sold for $990,000
  • 04 Sep 2023
    Listed for Sale AUCTION IN-ROOMS
  • 16 Feb 1996
    Sold for $166,000
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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 4,389 properties. Over the last 5 years, Houses in Paradise Point have seen a 110.08% increase in median value, while Units have seen a 104.03% increase. As at 31 July 2024:

  • The median value for Houses in Paradise Point is $2,220,777 while the median value for Units is $1,298,732.
  • Houses have a median rent of $920 while Units have a median rent of $650.
There are currently 99 properties listed for sale, and 9 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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Contact agent
Shaun Kaddatz
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COASTAL °
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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.