SOLD
Sold on 02 Sep 2024 for $3,575,000

42 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 480m2
Land area: 807m2
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Property Details for 42 The Sovereign Mile, Paradise Point

42 The Sovereign Mile, Paradise Point is a 4 bedroom, 4 bathroom House with 3 parking spaces and was built in 2002. The property has a land size of 807m2 and floor size of 480m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
480m2
Land Size
807m2
Local Government
Gold Coast City
Lot/Plan
454/SP146790

Last Listing description (October 2024)

Nestled within the prestigious and sought-after enclave of Sovereign Islands, this stunning waterfront sanctuary presents an unparalleled opportunity that demands immediate attention. With the owners having secured another property elsewhere, this residence must be sold, compellingly, at auction. Beyond its majestic entrance adorned with elegant fountains lies a meticulously designed residence that seamlessly blends luxurious living with unparalleled natural beauty. The sprawling property spans an impressive 807m2 allotment, providing ample space for both lavish entertaining and peaceful relaxation against the backdrop of breathtaking water vistas.

Indulge in the perfect fusion of indoor-outdoor living, as multiple living areas seamlessly flow onto outdoor entertaining spaces overlooking the glistening Broadwater. Whether you're hosting gatherings in the spacious games room/bar with its adjoining balcony or unwinding in the waterside pool and spa, every moment is enhanced by the picturesque surroundings. The modern and stylish interior features high ceilings, LED lighting, ducted air-conditioning, and a gourmet kitchen that would delight even the most discerning chef.

As you explore this executive-style home, you'll discover a wealth of features designed to elevate your lifestyle. The oversized master suite is a haven of relaxation, boasting a Jacuzzi for ultimate indulgence, a walk-in robe, and a spacious balcony where you can savor your morning coffee while taking in the stunning views. With a separate office from the property for remote work or study, a three-car basement garage for ample storage, and a solid construction that ensures durability, this property offers both luxury and practicality in equal measure. Enjoy the ultimate waterfront lifestyle with a protected pontoon, bridge-free access, and proximity to the amenities of Paradise Point, making every day feel like a vacation in paradise.

Key Features:

Large 807m2 allotment overlooking the Broadwater.
Master bedroom with Jacuzzi, spa ensuite, walk-in robe, and balcony with water views.
Multiple indoor and outdoor entertaining areas.
High ceilings, LED lighting, and air-conditioning throughout.
Commercial-grade kitchen with granite benches and stainless steel appliances.
Separate home office for remote work or study.
Waterside pool and heated spa overlooking the wide water canal.
Basement garage with storage space.
Close proximity to cafes, parks, restaurants, and amenities.
Protected pontoon with bridge-free access.
Fountains at the entrance.
Executive office completely separate from the house.
Close to Broadwater.
Water frontage of 16.6 meters.
3 minutes drive to world class cafes of Paradise Point.
20 Drive to Surfers Paradise.
50 minutes drive to Brisbane.

This is a home not to miss! Do not wait as it might be too late, contact Edin Kara today for more information or to arrange an inspection.

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 herein.

Property History for 42 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$3,575,000
02 Sep 2024
Listed for Rent
$260/w
22 Mar 2017
  • 02 Sep 2024
    Sold for $3,575,000
  • 01 Nov 2022
    Listed for Sale $5,250,000 Negotiable
  • 18 Apr 2018
    Sold for $1,900,000
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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 4,376 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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Ray White Sovereign Island
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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.