18/1-5 Samarinda DrivePoint Lookout QLD 4183
Property Details for 18/1-5 Samarinda Dr, Point Lookout
18/1-5 Samarinda Dr, Point Lookout is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 587m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (February 2024)
Paradise has been found. This place is a sanctuary, an escape from the mainland.
Stradbroke Island Coastal Homes are proud and privileged to be offering one of the Islands most coveted and prestigious properties, to the market.
You will find yourself nestled in your own private island sanctuary with take your breath away uninterrupted (and never to be built out) views across South Gorge Beach.
A gentle walk to the world-renowned Gorge Walk, patrolled Main Beach and the amenities of Point Lookout, you will be spoilt for dining choices and of course beach choices. Relax and unwind at the Point Lookout Surf Club with an afternoon Aperol on your weekends while you watch the whales and dolphins play.
The elegant, light filled apartment offers spaces to relax, unwind and connect. The natural flow between the verandah area and the open planned living spaces creates an uninterrupted connection to the crystal clear waters of the Pacific Ocean and engenders comfort and luxury within your own oasis.
The property features three spacious and light filled bedrooms, including the master suite with private bathroom, direct access to the ocean serenity of the verandah, and gorgeous views.
And of course, with the beauty, immaculate presentation, and location of The Cove it offers the astute investor an unprecedented rental yield earning approx $80,000 per year.
Find your North Stradbroke Island sanctuary and escape to The Cove.
The resort features a shared pool, BBQ area and entertaining space.
Body Corporate fees approximately $2665 per quarter.
Rates approximately $875 per quarter.
Book your inspection today with Jody Marsden and Melanie Lawlor 0438 720 460
Property History for 18/1-5 Samarinda Dr, Point Lookout, QLD 4183
- 06 Oct 2023Sold for $1,315,000
- 25 Aug 2023Listed for Sale Offers over $1,300,000
- 01 Jul 2022Sold for $1,300,000
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About Point Lookout 4183
The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2011 was 678 people. By 2016 the population was 709 showing a population growth of 4.6% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation. In 2011, 57.2% of the homes in Point Lookout were owner-occupied compared with 62.5% in 2016.
Point Lookout has 1,387 properties. Over the last 5 years, Houses in Point Lookout have seen a 110.48% increase in median value, while Units have seen a 112.40% increase. As at 31 October 2024:
- The median value for Houses in Point Lookout is $1,810,515 while the median value for Units is $1,043,018.
- Houses have a median rent of $3,475.
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