Back 1/124 Stanhill Drive
Off Market

1/124 Stanhill Drive

Surfers Paradise QLD 4217

3
2
2
House
Dave ManbyDave Manby, last sold this property on 18 June 2020 after -1331 days on market.

Overview

INVEST IN LIMITLESS POTENTIAL – A PROPERTY OF CHOICES

Auction Location: On-site Situated on one of Surfers Paradise's most prestigious and exclusive streets, this home of choice is close to the heart of every luxury and convenience. This cleverly designed, unique property has 3 separate and self-contained residences under one roof and on one title, all within walking distance to Surfers Paradise Beach. The property presents 3 options; catering for the savvy investor who is wanting a $1500+ weekly rental return, or a family who is wanting a property with limitless dual living potential, or someone looking for a home with a rental yield from two investment properties under the same roof that provides $820+ per week in additional income. Whether an investor, or a family, this property has the perfect balance of clever design and limitless potential. With a high land value, and quality build, the property offers a low-risk, high-return opportunity in one of the most sought-after and tightly held areas of the Gold Coast. A property offering multiple options. It is a must to inspect! Main Features: Unit 1 (Approx. 82m2): North facing garden/ porch entrance Tiled open plan living/ dining area Well-equipped galley style kitchen complete with Bosch stainless steel dishwasher, Delonghi stainless steel multifunction oven and ceramic cooktop, Insinkerator waste disposal system and large breakfast bench Large master bedroom with built-in wardrobe and ceiling fan Bathroom with large shower, toilet and single vanity with ample cupboard and storage space Separate laundry with direct external access, dryer and large linen closet LG Split System Reverse Cycle Air Conditioner Dedicated car space Unit 2 (Approx. 96m2): North facing garden/ porch entrance Tiled open plan living/ dining area Well-equipped galley style kitchen complete with Bosch stainless steel dishwasher, Delonghi stainless steel multifunction oven and ceramic cooktop, Insinkerator waste disposal system and large pantry Large main bedroom with two built-in wardrobes and ceiling fans Bathroom with complete shower, toilet and single vanity with ample cupboard and storage space Separate laundry with direct external access, condenser dryer and large linen closet LG Split System Reverse Cycle Air Conditioner Remote SLUG with internal access Unit 3 (Approx. 290m2): Large dedicated and private entry with storage and provision for elevator access (complete with separate 20A power, phone, pit and complete detailed architectural plans) Light filled open plan living, dining and lounge space with an abundance of carefully placed light fixtures Spacious kitchen with an abundance of cupboard space, AEG semi-integrated and concealed dishwasher, stainless steel AEG combination steam oven, stainless steel AEG inset microwave oven, Miele ceramic cooktop and stainless steel premium Jenn Air double-door refrigerator Grand master suite with covered north facing balcony (plus additional south face balcony), large walk-in robe with built in shelving, ensuite with walk in shower, toilet and single vanity with ample storage Additional bedroom with large built in wardrobes and an ensuite Study or potential third bedroom with built-in storage/ wardrobe Walk through powder room/ bathroom with separate toilet and single basin. Bathroom complete with walk in shower, single vanity with ample storage, large mirror and natural lighting Large dedicated laundry with ample storage and private balcony access for clothes drying LG reverse cycle ducted multi-zoned air conditioning system with 9 ducts Remote DLUG 3.29Kw 14 panel solar power system Three balconies, two with motorised caf�/ weather blinds Ground and level 1 storage area (in proposed elevator shaft cavity) Additional storage area near master bedroom Intercom and electronic lock system to front gate Other Features: Rainwater tank to each unit/ property Immaculately landscaped grounds Pebblecrete driveway/ parking area and pathways throughout property Property is fully fenced and gated for added security Electronic doorbell to each unit Free-to-air and pay TV connection to each unit in living rooms and bedrooms Individual security system with internal sirens and option for off-site monitoring Land size: 620m2 Building size approximately: 473m2 or 51 squares (Unit 1: 82m2 or 9 squares. Unit 2: 96m2 or 10 squares. Unit 3: 290m2 or 31 squares) Estimated Rental Return: Unit 1: $400 per week Unit 2: $420 per week Unit 3: $750 per week Location: Situated on the exclusive Chevron Island, only a brief walk from some of the Gold Coast's most famous stretches of beach in Surfers Paradise. Conveniently located close to several of the Gold Coast's most prestigious schools including The Southport School, Surfers Paradise State School, Keebra Park State High School, Bellvue Park State School and St Hilda's School. Easy access to some of the top-rated golf courses, shopping centres (both local and larger metropolitan centres), iconic tourist attractions and the Gold Coast International Airport. Price Disclaimer: This property is being sold by auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only. 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. * denotes approximate measurements.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Surfers Paradise over the last 12 months, the estimated median property value of 1/124 Stanhill Drive is $2.25m.

Median value
$2.25m
Estimated value range
$1.22m - $6.08m
Median days on market
63
Estimated value trend
58%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surfers Paradise. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/124 Stanhill Drive

2020
Sold
Undisclosed
18 Jun 2020 by Dave Manby, of Harcourts Property Hub

Happy sellers in Surfers Paradise

87%
87% of sellers in Surfers Paradise reported that their sale price either exceeded or met their price expectations.

Surfers Paradise stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 171 reviews in Surfers Paradise over the last 12 months.

Local market activity for 3 bedroom houses in Surfers Paradise

In the last 12 months, 22 three-bedroom houses similar to 1/124 Stanhill Drive, have been sold.

This represents a 120% decrease in three-bedroom houses sales when compared to the previous 12 months.

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