116 The Esp, Paradise Point, QLD 4216 | Land for sale | OnTheHouse
 
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116 The Esplanade
Paradise Point QLD 4216

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Land area: 880m2
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DA Approved Esplanade Development Site

Premium Development Opportunity | One of Paradise Point’s Finest Absolute Esplanade Sites
A truly exceptional opportunity to secure what is arguably one of the most tightly held and strategically positioned development sites on Paradise Point’s prestigious Esplanade.
The last available block, positioned directly opposite the Broadwater with uninterrupted east-facing water views across to Sovereign Islands, this 880m² parcel presents an increasingly rare chance to acquire a premium site with Development Approval already in place for an exclusive three-level luxury apartment development. With planning complete, significant time and holding costs have already been eliminated, allowing a developer to move towards construction sooner.
Designed to become one of Paradise Point’s most prestigious boutique residential addresses, the approved plans showcase an ultra-luxury apartment complex featuring expansive residences, secure underground parking, premium architectural design and a level of exclusivity rarely available in this tightly held waterfront enclave.
For developers, the opportunity is clear:
● Premium absolute Esplanade location.
● DA approval already secured.
● Existing architectural plans and renders available.
● Highly desirable east-facing aspect.
● Uninterrupted Broadwater and Sovereign Islands outlook.
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Property Details for 116 The Esp, Paradise Point

Building Type
Land
Land Size
880m2
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About Paradise Point 4216

The size of Paradise Point is approximately 4.1 square kilometres. There are 9 parks, covering nearly 10.8% of the total area. The population of Paradise Point in 2016 was 6536 people. By 2021 the population was 7062 showing a population growth of 8.0% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paradise Point work in a professional occupation.In 2021, 72.00% of the homes in Paradise Point were owner-occupied compared with 65.70% in 2016.

Paradise Point has 4,431 properties. Over the last 5 years, Houses in Paradise Point have seen a 61.45% increase in median value, while Units have seen a 77.78% increase. As at 30 June 2026:

  • The median value for Houses in Paradise Point is $2,256,559 while the median value for Units is $1,397,878.
  • Houses have a median rent of $1,150 while Units have a median rent of $750.
There are currently 88 properties listed for sale, and 6 properties listed for rent in Paradise point on OnTheHouse. According to Cotality's data, 240 properties were sold in the past 12 months in Paradise point.

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