Back 2202/1 Marina Promenade
Off Market

2202/1 Marina Promenade

Paradise Point QLD 4216

2
2
2
Unit
Lorraine DrysdaleLorraine Drysdale, last sold this property on 10 September 2020 after 101 days on market.

Overview

STUNNING APARTMENT, WHITE AND BRIGHT - MUST BE SOLD - ADDITIONAL INCOME FROM HOME OFFICE

This sensational waterside first floor apartment together with a separate Home office on the ground floor must be sold, making this an exciting opportunity not to be missed. With interest rates at record lows, there will be no shortage of buyers eager to secure this show-stopping property from investors chasing impressive returns to owner-occupiers craving a luxurious lifestyle. The property boasts two bedrooms, two bathrooms and two car parks plus there's a separate 44sqm home office, on the ground level facing the street giving exposure to a business. This home office is currently rented out at $17,724 per annum. The apartment is currently vacant but rental estimate is approx. $550 per week or $28,600 per annum. Giving a total of $46,324 per annum for the investors. Immaculately presented, the apartment is open-plan and bathed in soft natural light that floods in through the walls of glass. The gourmet kitchen boasts Miele appliances, an island with waterfall stone benchtops and a breakfast bar or you can step out to the expansive covered entertaining balcony and host guests in style. This is a chance to live and work from home, move in and lease out the office space or rent out both assets and reap fantastic returns, the choice is all yours. Features include: • King Size Master Bedroom with WIR • Designer style ensuite with separate bath and double bowl vanities • 2nd Bedroom big enough for king size bed and robe • Open plan living areas bathed in light • Huge all white kitchen with Miele appliances - stone benchtops • Secure building with on-site management • Pet friendly complex • Fully ducted reverse cycle air conditioning • Fully tiled outdoor terrace areas to take advantage of the views • Two parking spaces in secure basement area with 2 storage spaces • Walk to cafes and on-site restaurants • Still feels like new Onsite facilities include 25 metre lap pool, wading pool, spa, sauna, well equipped gymnasium, recreation club with alfresco dining, formal dining area, kitchen, games area, resident's library, reading room, private 12 seat theatre and 3 barbecues. Adjacent are the sandy beaches and timber fishing platforms. There are manned security patrols and monitored security cameras for peace of mind and the apartments have security coded access to the individual floors. The marina is close by with pontoon berths available to purchase or lease for the boating enthusiast. Enjoy morning strolls along the boardwalk encircling the complex and continue down to the Paradise Point Village for breakfast, a coffee or just to catch up with friends. Don't miss your chance to secure this incredible property - call Lorraine Drysdale or Sally Overton to discuss your private viewing or come to our open home. Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Paradise Point over the last 12 months, the estimated median property value of 2202/1 Marina Promenade is $1.11m.

Median value
$1.11m
Estimated value range
$660k - $1.65m
Median days on market
50
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paradise Point. 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 2202/1 Marina Promenade

2020
Sold
Undisclosed
10 Sep 2020 by Lorraine Drysdale, of Ray White Hope Island
2020
Sold
Undisclosed
Private Sale/Treaty on 31 Aug 2020 by Paul Arnold, of Ray White Sovereign Island (Runaway Bay Group)

Happy sellers in Paradise Point

80%
80% of sellers in Paradise Point reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 54 reviews in Paradise Point over the last 12 months.

Local market activity for 2 bedroom units in Paradise Point

In the last 12 months, 8 two-bedroom units similar to 2202/1 Marina Promenade, have been sold.

This represents a 12% increase in two-bedroom units sales when compared to the previous 12 months.

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