This is the chance you've been waiting for to build a true statement residence on this blank canvas of prime waterfront land on the prestigious Sovereign Islands.
One of the last remaining vacant canal blocks, you will enjoy magnificent water views over a wide basin and the adjoining parkland.
Brimming with potential, your designer can make the most of the 23* metre street frontage, 17* metre waterfrontage and 715*m2 land area.
With a pontoon in place, your new waterfront masterpiece will be surrounded by luxury homes in a quiet street that is a only few metres from a large park.
Positioned within the Broadwater, Sovereign Islands provides an unparalleled waterfront lifestyle
Adjacent to parkland, ideal family location
Preferred section of the Islands, secluded cul-de-sac
Overlooking a magnificent waterfront basin
Awesome bridge free boating location, pontoon already installed
23*m street frontage, 17*m waterfrontage, 715*m2 land area
24-hour security
*approximate
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 4,370 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:
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