SOLD
Sold on 19 Feb 2024 for $4,200,000

68 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 5
Bathrooms: 5
Car spaces: 4
Floor area: 592m2
Land area: 770m2
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Property Details for 68 The Sovereign Mile, Paradise Point

68 The Sovereign Mile, Paradise Point is a 5 bedroom, 5 bathroom House with 4 parking spaces and was built in 1985. The property has a land size of 770m2 and floor size of 592m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Paradise Point in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
592m2
Land Size
770m2
Local Government
Gold Coast City
Lot/Plan
501/SP156110

Last Listing description (July 2024)

Fall in love with this near new, quality finished family residence with room for everyone to sit back, relax and enjoy what this special home has to offer. With its modern features throughout and situated in the prestigious and exclusive community of Sovereign Islands, you will be infatuated by the home waiting on its new owners.

Enter through into the grand foyer and be mesmerised by the high ceilings and flow from entry straight to the water. The home has a stylish open plan living/dining, opening out to the pristine canals of Sovereign with a substantial amount of living space. A chef's kitchen to be envious over with marble bench tops, timber veneer cabinetry, quality appliances, bar refrigerators and a spacious walk-in butler's pantry completes the dream.

Venture outside and we find ourselves relaxing poolside with room for all the family and friends to enjoy the Saturday afternoon BBQ with a view to go with it. The home boasts a large undercover alfresco featuring a well-appointed outdoor kitchen with built in BBQ and sink - all overlooking the immaculate swimming pool.

A large en-sujted guest bedroom as well as an executive study on the ground floor, make for the perfect home for entertaining guests or working from home.

Retire upstairs to a fully equipped media room finished with the highest standard of equipment. Directly outside the media room is a second office space complete with built in cabinetry and sitting area. Three further en-suited bedrooms including the opulent master suite will make you not want to leave home, and instead wake up overlooking the water, feeling relaxed.

Complementing all of the above is 6 car accommodation made up of an extra-large garage for 4 cars and 2 additional off street parking bays. All this behind a stunning gate house and full electric gate for your added privacy and security.

68 The Sovereign Mile offers but is not limited to

* Large 770m2* North West Facing block
* Situated at the best end of Sovereign Island - opposite Knightsbridge Park
* Protected canal with long views
* Large pontoon with power and water
* Five spacious bedrooms
* Five bathrooms
* Stunning chef's kitchen with butlers pantry
* Media room with top of the range equipment
* Outdoor alfresco including built in bbq with range hood, bar and wine fridge, television & remote control shades
* Potential dual living with back access from both garages

This new home is one of a kind. For more information or to secure your own piece of paradise, please contact Ivy Wu or Isaac Kim now on 0433 103 586 / 0433 268 046!

Disclaimer: * = Approx. The above information has not been verified. We advise you to confirm the accuracy of details before entering a contract. Ivy Realty. and its employees cannot be held responsible for any inaccurate details supplied here. Buyer/s must do their own due diligence regarding drawings, floor plans, council approval and measurements etc. these have not been verified by Ivy Realty.

Property History for 68 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$4,200,000
19 Feb 2024
  • 19 Feb 2024
    Sold for $4,200,000
  • 28 Sep 2023
    Listed for Sale Not Disclosed
  • 04 Nov 2021
    Sold for $4,050,000
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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.

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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.