SOLD
Sold on 18 Dec 2023 for $5,500,000

2 Ephraim Island
Paradise Point QLD 4216

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Land area: 4916m2
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Property Details for Lot 2601/2 Ephraim Island, Paradise Point

Lot 2601/2 Ephraim Island, Paradise Point is a 4 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 4916m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
2005
Land Size
4916m2
Local Government
Gold Coast City
Lot/Plan
2601/SP157633

Last Listing description (April 2014)

ISLAND PENTHOUSE
Imagine an island surrounded by water with a beach, 3 pools, a gymnasium, health spa and 24/7 security & then imagine your home there. Perfect!
Just a few minutes walk to village restaurants, parks and waterside walkways this single level whole floor 632m2 penthouse with wonderful 5m ceilings and individual secure lift access is captivating.

The home exudes space, light & privacy.
3 large balconies, including a large corner entertaining balcony with BBQ, every bedroom, every living room and the kitchen have to die for expansive views making this home your new heaven. It is an entertainers dream whilst also offering a casual family living environment.
The designer kitchen is strategically placed to service the large casual lounge area, casual sitting area, breakfast area and the formal dining and lounge areas also serviced by a walk in bar & servery.
The superb east facing master bedroom with its own protected private balcony and broadwater views has an ensuite, sauna & sitting annex for relaxation.
An additional spacious and 3 ensuited bedrooms provide ample accommodation.
Within the underground secure car park the penthouse has 3 of its own secure enclosed garages.
This penthouse is a very special home.
Ephraim Island
Developed by Mirvac Queensland, Ephraim Island is set in the Gold Coast Broadwater accessed by a 400m 2 lane bridge from the Paradise Point restaurant and full facility shopping village on the mainland with Broadwater parks, salt water swimming enclosure and walkways.
Security consists of intercom approval from apartments to the complex security gates and individual building and lift access. In addition the Island has 24/7 whole year patrolled security.
Secure underground resident parking includes car washing bays. Visitor parking facilities are available.
Facilities include a 25m under cover lap pool, spa, sauna, entertainment area, external pool plus children's shallow pool, BBQ area and grassed sun bathing areas beside the pool. A third pool, BBQ facilities and 3 large umbrella shaded tables for 8 to 10 people within a grassed area is available to residents.
Additional feature/s - Balcony.

Property History for Lot 2601/2 Ephraim Island, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$5,500,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $5,500,000
  • 09 Feb 2022
    Sold for $5,650,000
  • 07 Nov 2013
    Listed for Sale $2,950,000
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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.

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.