9 Mallard Ave, Paradise Point is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 506m2 and floor size of 282m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Rarely does an opportunity like this come along.
For all seeking an incredible readymade portfolio addition, you do not need to look any further than this classic brick entire block of 3 apartments. This is a premier 'set and forget' investment opportunity in a vibrant and desired coastal suburb.
Located on the ground floor, Unit One is a spacious one bedroom with an open plan living and dining area, the functional kitchen offers future potential. The bedroom features in-built storage and a convenient shower room with separate toilet. The large laundry provides additional storage, a single car carport is also provided.
Unit Two is ideally positioned on the ground, with an air-conditioned open plan living and dining. The kitchen has been tastefully updated, there are new tiles and carpet throughout. Both the Master bedroom and second feature a triple built in wardrobe and ceiling fans. The original bathroom is in immaculate condition with integrated laundry. Separate single car carport for vehicle accommodation
Positioned upstairs, Unit 3 offers immaculate house-like proportions, with its own spacious entry foyer & under stair storage. Bathed in natural light and capturing Broadwater breezes this home offers low maintenance convenience. The air-conditioned living and dining open onto the generous north-east facing balcony for year-round entertaining. The kitchen has been recently updated and provides plenty of storage options and bench space. The air-conditioned master bedroom offers built-in storage, balcony access and Broadwater glimpses. The second bedroom is of generous proportions with a ceiling fan and built in storage. Bedroom three offers balcony access, ceiling fan and integrated storage. The bathroom features a separate shower and bath with integrated laundry. The entire floor apartment has been beautifully finished with new floor coverings and internally painted. Car accommodation comes by the way of a single garage.
This full brick building with new roof and low maintenance block is perfect for the long-term investor with two brilliant tenants or the owner looking to live in, collect rent returns and landbank for future development.
Opportunities like this in Paradise Point are rare, call The Weir Brothers today for your private inspection and 'expect the best'!
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 purchasers should make their own enquiries to verify the information contained herein.
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 4,370 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:
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