SOLD
Sold on 16 Nov 2023 for $4,600,000

58 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 6
Bathrooms: 6
Car spaces: 5
Land area: 818m2
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Property Details for 58 The Sovereign Mile, Paradise Point

58 The Sovereign Mile, Paradise Point is a 6 bedroom, 6 bathroom House with 5 parking spaces and was built in 2016. The property has a land size of 818m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 6 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Year Built
2016
Land Size
818m2
Local Government
Gold Coast City
Lot/Plan
463/SP156108

Last Listing description (February 2024)

Indulge in opulence with this exquisite 3-level waterfront residence, a pinnacle of modern luxury. Step into a world of contemporary elegance marked by clean lines and soaring ceilings. With 6 large bedrooms and 6 bathrooms this home effortlessly combines comfort and style.

The 5-car garage ensures ample space for your automotive treasures, while the fully equipped media room and study cater to your entertainment and professional needs. Ascend to the third level, a versatile space ready to adapt to your desires - whether a lavish master suite, a welcoming guest wing, or an entertainment haven complete with a kitchenette and full bathroom.

Outside, a heated pool invites you to unwind, surrounded by the architectural prowess of a steel frame. Embrace sustainability with 28 kW of solar power, ensuring both efficiency and eco-conscious living. Marvel at the panoramic views of the Broadwater and hinterland that paint a picturesque backdrop, offering a daily spectacle of nature's beauty. Large pontoon with 2 jet ski docks are installed and ready for your vessels that will help you complete amazing memories this home is ready to give.

As the sun sets, witness the sky ablaze with colors, creating a canvas of spectacular sunsets that frame your waterfront oasis. This home is not just a residence; it's a testament to a lifestyle where luxury, comfort, and breathtaking views converge. Seize the opportunity to make this extraordinary property your home.

Disclaimer: We have in preparing this information used our best endeavour 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 58 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$4,600,000
16 Nov 2023
Listed for Rent
$2.60k/w
08 Jul 2019
  • 16 Nov 2023
    Sold for $4,600,000
  • 29 Jan 2021
    Sold for $3,100,000
  • 20 Jul 2019
    Listed for Sale Not Disclosed
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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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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.