OFF MARKET

87 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 6
Bathrooms: 8
Car spaces: 6
Floor area: 1069m2
Land area: 1019m2
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Property Details for 87 The Sovereign Mile, Paradise Point

87 The Sovereign Mile, Paradise Point is a 6 bedroom, 8 bathroom House with 6 parking spaces and was built in 2008. The property has a land size of 1019m2 and floor size of 1069m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2008
Floor Size
1069m2
Land Size
1019m2
Local Government
Gold Coast City
Lot/Plan
433/SP153080

Last Listing description (October 2023)

Indulge in the epitome of resort-style luxury with this stunning tri-level residence, situated on one of the Gold Coast's best bridge-free canal blocks. Meticulously crafted without compromise, this exceptional home embodies the very essence of sophisticated Island living and makes the most of the 1019*m2 land area and fabulous 42.7*m waterfrontage.

As you step into the grand entry, with its soaring voids and sweeping staircase, its immediately apparent that this is a special home. Bathed in natural light and with expansive aqua vistas enjoyed from multiple living areas, you will be able to unwind with friends and family in style. The heart of the home is a designer kitchen adorned with exquisite stone benchtops and top-of-the-line appliances, complemented by a spacious butler's pantry and a walk-in cold room.

Seamlessly connecting to the internal living and dining areas, bi-fold doors effortlessly invite you outside to enjoy our fabulous climate. Relax under the covered Lanai, perfect for celebrations, or find solace in the outdoor lounge area adorned with a pergola and spa pavilion. The waterside terrace, surrounding the infinity-edge pool, beckons you to let the festivities spill out, all while basking in the majestic water views.

The luxury extends to five bedrooms, each boasting lavish ensuites and walk-in robes, with the master a truly opulent retreat. For a cinematic experience, indulge in the grand 12-seat cinema, or find your active oasis in the multipurpose room, which includes a gym and a bar.

Ultimate boating facilities, with a prized 42.7*m frontage, a 15m x 2.8*m pontoon and a wide water turning circle. The home also features a six*-car basement garage, offering ample space for your automotive collection.

Impeccably constructed three-level concrete residence on a 1,019m2 waterfront block with a show-stopping facade and a grand porte-cochere.
Designer kitchen complete with stone benches, premium appliances, and a walk-in cold room.
Formal lounge exudes sophistication with a cozy fireplace, while the expansive living and dining zones seamlessly integrate with the outdoors through timber bi- fold doors.
Impressive 12-seat cinema and a multipurpose room/gym with a bar add to the allure of the home.
The temperature-controlled 2500* cellar is a wine enthusiast's dream, featuring Red Gum timber cabinetry, slate flooring, and a family-size tasting table, complemented by a decorative glass show cabinet to display 220* bottles.
Each of the five deluxe bedrooms comes with ensuite & walk-in robe. The master suite also offers access to a waterfront balcony, while the ground floor guest suite boasts a private entry.
A spacious home office with built-in cabinetry and a separate client entrance offers convenience and privacy.
The four alfresco entertaining areas - Lanai/dining area, intimate spa pavilion, pergola-adorned lounge, and waterside terrace surrounding the infinity-edge pool - cater to every mood and occasion.
Includes a 6*-car basement garage, storeroom, large laundry, two internal powder rooms, and an outdoor shower and toilet for added convenience.
Boating enthusiasts will appreciate the 15m x 2.8m* pontoon, perfect for mooring larger vessels.
15kW* solar panels, an underground water tank, and three tranquil water features.
Electric blinds and screens in the lounge and living/dining zones.
Elevator shaft infrastructure is installed across all three levels, offering potential for future lift installation.
Dynalite lighting, built-in speakers, and stylish light fittings throughout.
Exclusive gated community, the property offers proximity to Paradise Point cafes, shops, beaches, and parklands.

*approximate

Property History for 87 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$6,100,000
31 Aug 2023
Listed for Rent
$2.20k/w
06 Apr 2012
  • 31 Aug 2023
    Sold for $6,100,000
  • 04 Nov 2022
    Listed for Sale $8,000,000+
  • 18 Apr 2012
    Sold for $3,200,000
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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 4,372 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 84 properties listed for sale, and 6 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 217 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.