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5 Drake Avenue

Paradise Point QLD 4216

4
2
2
0 m²
House
Currently for sale - view listing

Overview

Rare Renovation and Townhouse Development Opportunity, Residential B block

Auction Location: Onsite Brimming with opportunity and ready for an exciting new chapter, 5 Drake Avenue established on a 562sqm (approx.) Residential B block of land, enjoys an enviable position just a stone's throw from the sparkling Broadwater, its popular waterfront parklands, scenic walking tracks and beautiful beaches. Set in one of Paradise Point's most sought-after pockets, this property presents a rare opportunity for renovators, developers and astute buyers looking to capitalise on an exceptional location. Offered as a deceased estate, the property brings together the promise of a new beginning and the freedom to shape a vision of your own in an established Paradise Point neighbourhood. Life in Paradise Point is centered around a relaxed coastal lifestyle, where mornings can begin with a waterfront walk alongside your four-legged companion, and a coffee at a local café. Family picnics by the Broadwater, meals at nearby restaurants, and community gatherings, such as music in the park, create opportunities to spend time together, and connect with neighbours. It's a welcoming setting for those looking to enjoy the outdoors, raise a family, and feel part of a coastal community. Property Features: • Four upstairs bedrooms, each featuring windows, that welcome natural light • Master bedroom, with mirrored built-in robe, and ceiling fan • Second bedroom, with built-in robe, and ceiling fan • Third bedroom, with ceiling fan • Fourth bedroom, offering flexibility for family accommodation • Fifth downstairs bedroom, providing storage, or home office space • Spacious upstairs bathroom, with a combined bath, and shower • Functional kitchen, positioned upstairs, offering scope to update, or reconfigure as part of a renovation • Flowing upstairs living, and dining areas, providing a foundation for a refreshed, open-plan layout • Enclosed balcony, providing additional usable space, complemented by a separate balcony • Backyard featuring an in-ground swimming pool, and pergola entertaining area, with potential to revitalise the outdoor setting • Double garage, plus room for trailer, jet ski, etc. Location: Positioned within Paradise Point's established coastal community, 5 Drake Avenue places everyday conveniences, and waterside recreation close to home. Paradise Point Village offers cafés, restaurants, and local services, including a post office and medical facilities, making it easy to combine everyday errands, with a morning coffee, or a relaxed meal along the Esplanade. The nearby Paradise Point Parklands, provide an inviting extension to the neighbourhood, with waterfront walking areas, playground facilities, and space to gather for a picnic overlooking the Broadwater. From an early morning stroll, to an afternoon spent with family beside the water, the surrounding parklands contribute to the relaxed outdoor lifestyle that gives the area its appeal. For those who enjoy boating and fishing, the public boat ramp next to Drake Avenue, provides access to the Coomera River's southern branch, and the surrounding waterways. Larger shopping trips are also conveniently catered for, with Runaway Bay Shopping Village, and Harbour Town Premium Outlets a short drive away, offering further retail, dining, and everyday shopping options. Contact us for an immediate viewing or to present your interest in the property. Disclaimer: All the information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. Any figures and measurements mentioned are approximates only and should not be solely relied upon for the purpose of purchasing.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
House

Happy sellers in Paradise Point

77%
77% 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 53 reviews in Paradise Point over the last 12 months.

Local market activity for 4 bedroom houses in Paradise Point

In the last 12 months, 29 four-bedroom houses similar to 5 Drake Avenue, have been sold.

This represents a 42% increase in four-bedroom houses sales when compared to the previous 12 months.

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