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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

5 Drake Avenue, Paradise Point QLD 4216

Auction

House 5 Beds 2 Baths 2 Cars 562 m²
Listed: 2 days ago
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Overview

Set on a generous 562sqm residential B block in a highly sought-after pocket of Paradise Point, this property offers a rare chance to create a bespoke coastal residence or pursue townhouse development prospects. Its proximity to the Broadwater, inviting parklands, and scenic walking tracks makes it an appealing location for those seeking a relaxed coastal lifestyle.

These grounds provide a welcoming canvas for families and renovators alike, offering the flexibility to tailor the home's design while enjoying the benefits of an established neighbourhood. The property's layout includes four upstairs bedrooms awash with natural light, complemented by a versatile fifth bedroom or home office space downstairs, accommodating diverse lifestyle needs.

Upstairs features include a bathroom with a combined bath and shower, a kitchen ripe for modernisation or reconfiguration, and flowing living and dining areas that can be refreshed into an open-plan layout. Additional usable space is provided by an enclosed balcony, with a further separate balcony enhancing outdoor options.

  • An in-ground swimming pool and pergola area promise enjoyable outdoor entertaining, with scope to revitalise the backyard ambiance.
  • A double garage offers secure parking alongside extra space for a trailer or jet ski, emphasising the property's suitability for boating and waterside pursuits.

The lifestyle benefits extend beyond the property, with nearby Paradise Point Village providing cafes, restaurants, and essential services, and the adjacent parklands offering playgrounds and picnic spots overlooking the water. Access to the Coomera River and surrounding waterways through the public boat ramp makes it an ideal spot for boating enthusiasts.

This property, offered as a deceased estate, represents both the promise of a fresh start and a chance to craft a home that reflects individual vision within a vibrant coastal community.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Local Market Insights

In Paradise Point, Quiet Listings observed 37 new houses entering the market over the last 30 days, up from 32 during the previous 30-day period, with an average advertised asking price of $2,993,459. The property type mix of listed properties is predominantly Houses at 35%, followed by apartments (23%), and units (10%). The most active agency for houses in the Paradise Point area is currently Amir Prestige Group, representing 27% of new listings, followed by Ray White with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Paradise Point QLD 4216
New Listings (last 30 days)
37
Average price
$2,993,459
Lowest price
$379,000
Highest price
$15,900,000
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