SOLD
Sold on 16 Oct 2023 for $715,000

7/48 The Esplanade
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 1125m2
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Property Details for 7/48 The Esplanade, Paradise Point

7/48 The Esplanade, Paradise Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 1125m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
101m2
Land Size
1125m2
Local Government
Gold Coast City
Lot/Plan
7/BUP9688

Last Listing description (November 2023)

Experience coastal living at its finest in this ground floor unit located at 7/48 The Esplanade, Paradise Point. Nestled in a prime location directly opposite the stunning Broadwater and Paradise Point Parkland, this haven offers a blend of convenience, style, and relaxation. Here's a closer look at what this exceptional property has to offer:

Key Features:
Prime location on The Esplanade, Paradise Point, providing unrivalled access to the breathtaking Broadwater and Paradise Point Parkland

Newly painted, with upgrades to amenities and appliances throughout for added comfort.

Bedrooms:
Two spacious air-conditioned bedrooms feature elegant timber look flooring
The master bedroom offers the luxury of a walk-in robe and an ensuite, access to a completely private courtyard creating a private retreat within the home.

Kitchen and Living Area:
The open-plan living area is fully tiled and equipped with air conditioning, ensuring year-round comfort.
The kitchen boasts new appliances, a dishwasher, and ample storage space, making it a pleasure for both cooking and entertaining.

Additional Amenities:
Crimsafe Security screens, ceiling fans, and air conditioning are thoughtfully installed throughout the unit.
Step onto the balcony to take in serene views of the landscaped pool and gardens, extending your gaze to the mesmerizing Broadwater.
A rear private paved courtyard, a touch of nature to your outdoor space.
For those in need of accessibility, this unit offers no-stairs access through the private courtyard.
Your vehicle will be securely housed in the excellent basement car park with wide and easy access, and a convenient storage shed is also included.

*Unit is currently tenanted until 15th November 2023
*Photography taken when vacant

Don't miss the opportunity to call this outstanding property home. With its unbeatable location overlooking the Paradise Point ocean boating and parkland activities and breathtaking Ephraim Island, 7/48 The Esplanade, Paradise Point offers a coastal lifestyle beyond compare.
Just a short walk will bring you to the Parklands, Cafes and Restaurants providing excellent food that people commonly travel to for kilometers. You will find all your needs catered to with additional boutiques, hairdressing salons and high quality food including mini fresh-vegetable market and high quality butchers. This homely oasis is carefully designed to offer an unparalleled living experience.

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 7/48 The Esplanade, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$715,000
16 Oct 2023
Listed for Rent
$650/w
13 Jun 2023
  • 16 Oct 2023
    Sold for $715,000
  • 25 Sep 2023
    Listed for Sale $750,000
  • 08 May 2023
    Listed for Rent $650 / week
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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
Sam Burton & Lauren Tipping
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Sam & Lauren
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Ray White Runaway Bay
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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.