SOLD
Sold on 09 Apr 2024 for $10,000,000

85 Admiralty Drive
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1600m2
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Property Details for 85 Admiralty Dr, Surfers Paradise

Building Type
Land
Land Size
1600m2
Local Government
Gold Coast City
Lot/Plan
10/SP173486

Last Listing description (April 2024)

Arguably the best position in Paradise Waters, this unique allotment is orientated North-East being 1,600m2 in size and benefits from 64.9m/212.9ft of deep waterfrontage. 85 Admiralty Drive is an irreplaceable blank canvas to build your dream family home.

The point position captures divine city skyline views and is ideal for boaties being minutes to The Broadwater with the only bridge being 4.3m at highest astronomical tide.

There's the potential to subdivide the land into two lots, subject to council approval.

Plans have been designed by leading Architect Jared Poole. Renders showcase how carefully curated natural materials could play out over grand, open spaces in the luxurious and contemporary home, where the top level is dedicated to five deluxe bedrooms and an executive library.

A sweeping curved staircase connects the three tiers, with light-filled indoor-outdoor living spaces on the middle level wrapping elegantly around a large courtyard that extends towards a spectacular waterfront infinity-edge pool and magnificent skyline and water views.

In addition to secure parking for seven cars, a basement level features a cinema, gym and wine cellar for state-of-the-art recreation from the comfort of home.

Arguably the best position in Paradise Waters, the land size, waterfrontage, skyline views and North-East orientation, offers an unrivalled opportunity to build your dream family home then enjoy a life of luxury and leisure centred around the Gold Coast waterways.

The Highlights:
- Point position 1,600m2 block benefiting from 64.9m/212.9ft of deep-water frontage
- North-East facing aspect with enviable water and city skyline views
- Proposed plans for a contemporary tri-level house designed by award-winning Architect Jared Poole
- Minutes to The Broadwater with the lowest bridge being 4.3m at highest astronomical tide
- Peace and privacy at the end of a cul-de-sac

Located in the lifestyle hub of Paradise Waters, this central address offers proximity to Main River, beaches and city conveniences. Stroll 850m to play or exercise at Ewan Batt Park, or cycle 1.6km to reach the patrolled beaches at Narrowneck. The heart of Surfers Paradise and the shopping and dining precinct of Tedder Avenue await within 2km. The Broadwater is a short boat ride, inviting you to explore the Gold Coast waterways. St Hildas School and The Southport School are within an accessible 15-minute drive.

Positions like this are once in a lifetime; contact Michael Kollosche on 0411 188 815, Harry Kakavas on 0401 379 248 or Michael Kollosche 04111 888 15.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 85 Admiralty Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$10,000,000
09 Apr 2024
  • 09 Apr 2024
    Sold for $10,000,000
  • 04 Apr 2024
    Listed for Sale Contact Agent
  • 15 Nov 2022
    Listed for Sale Contact Agent
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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,218 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:

  • The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
  • Houses have a median rent of $750 while Units have a median rent of $673.
There are currently 363 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1597 properties were sold in the past 12 months in Surfers paradise.

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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.