7 Island Point Ave, Waterways is a 6 bedroom, 4 bathroom House with 6 parking spaces and was built in 2003. The property has a land size of 799m2 and floor size of 573m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
This spectacular 5 star rating, 60 squares under roof-line high-end home's exceptional ability to entertain is matched by its fabulous capacity to accommodate - the result is a family residence of ultimate refinement in a suitably sought after setting in the beautiful estate of Waterways!You are welcomed as you glide through the wide main entry by the rich and stunning granite tiled floors to an elegant formal living and dining room that surround a central home office or study, a luxurious main suite, leading to a superb granite kitchen accompanied by a substantial deck.Upstairs to the mid-level there is a fully self-contained two-bedroom unit served by its own kitchenette with full bathroom and a lounge overlooking the paved rear terrace and lawn. This unit can be part of the main home or perfect as a standalone guest zone, with potential income opportunity as it also has its own private entry.On the top level, there is an additional self-contained unit that can serve either as a parent's or teenager's retreat. This area has two bedrooms with fitted wardrobes and a full bathroom. This area has a top-level beautiful balcony overlooking the lake from the lounge and one of the bedrooms. Ideal spot for breakfast enjoying the morning sunriseThe lower level features a large recreational area with bar facilities', full width sliding French doors that open to enjoy an outlook across a perfect paved terrace. Adjacent to this is a rumpus room, superb stepped spacious home cinema and a seductive heated indoor poolAnd not to be forgotten is an enormous fully tiled secure basement 6 car garage, yes 6 plus storage, that ensures total convenience and ultimate comfort. In addition, there is an adjoining workshop for the handyman or professional tradie and ample space for bikes and all the toys.Every consideration has been addressed when designing this luxury property making it ideal for the largest of families with 6 bedrooms and 4.5 bathrooms confirm the family flexibility of a design featuring a luxurious main, separate living areas as described, entertaining flowing from the main living area leading to the deck or recreational area adjacent to the cinema and pool.An address that makes the residential resort' concept a brilliant reality, enhanced by the seclusion and status of Waterways, a unique suburb that's 20% parkland and 40% water, truly a world of its own within such easy reach of shopping, services and the outstanding beaches of Aspendale and Mordialloc.You are going to love where you live. Contact us for a walk-through video.
The size of Waterways is approximately 1.7 square kilometres. It has 11 parks covering nearly 10.3% of total area. The population of Waterways in 2011 was 2,163 people. By 2016 the population was 2,447 showing a population growth of 13.1% in the area during that time. The predominant age group in Waterways is 40-49 years. Households in Waterways are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Waterways work in a professional occupation. In 2011, 94.2% of the homes in Waterways were owner-occupied compared with 89.8% in 2016.
Waterways has 795 properties. Over the last 5 years, Houses in Waterways have seen a 48.38% increase in median value, while Units have seen a 40.16% increase. As at 31 August 2024:
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