242/3 Pendraat Parade, Hope Island, QLD 4212 | Property Value & History | OnTheHouse
FOR SALE

242/3 Pendraat Parade
Hope Island QLD 4212

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 352m2
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Property Details for 242/3 Pendraat Pde, Hope Island

242/3 Pendraat Pde, Hope Island is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 352m2.This Property is currently listed for sale with Mitchell Real Estate

Building Type
Unit
Year Built
2007
Land Size
352m2
Local Government
Gold Coast City
Lot/Plan
242/SP180145

Last Listing description (August 2026)

A rare offering presents itself within the tightly held Ilanah Aqua community a commanding north-facing penthouse that delivers scale, privacy, and resort-style living in one of the building's most impressive residences. Spanning an extraordinary 352m of combined internal and outdoor space, this home stands out for its generous proportions, refined finishes, and seamless indooroutdoor flow.

Positioned to capture natural light throughout the day, the apartment enjoys sweeping outlooks across the complex's lagoon-style water features and pool area, framed by expansive northern glazing. Designed for both entertaining and everyday comfort, the layout accommodates a wide range of lifestyles from families to downsizers seeking low-maintenance luxury without compromise.

Security and privacy are prioritised with gated entry, restricted lift access, and a private top-floor arrival experience. Inside, the residence showcases high-end materials, thoughtful design, and multiple living zones that enhance livability at every turn.

Key Features:
Expansive north-facing penthouse on level 4 with water and pool outlooks
Approximately 352m total living, including large wraparound balconies
4 bedrooms, or 3 bedrooms plus oversized study/home office
Luxurious master suite with balcony access, walk-in robe, and high-end ensuite
Designer ensuite featuring dual shower configuration
3 bathrooms in total, with second bedroom with ensuite
Private lift access with secure code entry to penthouse level
Grand open-plan living and dining with high ceilings and abundant natural light
Separate media/lounge room with sliding doors for flexibility
Premium kitchen with stone benchtops, quality appliances, gas & induction cooking, pantry, and wine storage
Timber flooring (Sydney spotted gum) combined with polished marble surfaces
Seamless transition to outdoor entertaining via stacker doors
Motorised blinds on northern aspect for comfort and convenience
Ducted zoned air-conditioning throughout
Large laundry with excellent storage solutions
Extensive built-in storage throughout the residence
Wraparound balcony capturing river and internal lagoon views
Outdoor gas BBQ connection
Two secure side-by-side basement car spaces adjacent to lift access
Dedicated storage shed positioned at car park

Building & Lifestyle Amenities:
Resort-style infinity swimming pool
Fully equipped gymnasium
BBQ and entertaining areas within landscaped grounds
Dedicated car wash bays
Scenic walking paths throughout the complex
Pet-friendly environment with strong community feel

Location Highlights:
Situated in the highly sought-after Hope Island precinct, this address offers a relaxed coastal lifestyle with outstanding convenience. Residents enjoy quick access to the M1, a short drive to both Brisbane (approx. 45 minutes) and Gold Coast beaches (approx. 20 minutes), and close proximity to championship golf courses, marinas, schools, medical facilities, and shopping. The newly developed Hope Island Marketplace is also within easy walking distance, placing everyday essentials right at your doorstep.

Disclaimer:
Every endeavour has been made to provide accurate information regarding this property; Mitchell's Real Estate Group reserves the right to advise any prospective purchaser to conduct their own independent enquiries prior to purchase.

Property History for 242/3 Pendraat Pde, Hope Island, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$1,350,000
09 Jun 2022
Listed for Rent
$700/w
02 Jun 2011
  • 16 Jun 2026
    Listed for Sale Luxury Penthouse - Offers over $2,000,000
  • 09 Jun 2022
    Sold for $1,350,000
  • 07 Jun 2022
    Listed for Sale Expressions Of Interest
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About Hope Island 4212

The size of Hope Island is approximately 14.2 square kilometres. There are 15 parks, covering nearly 21.5% of the total area. The population of Hope Island in 2016 was 11186 people. By 2021 the population was 14522 showing a population growth of 29.8% in the area during that time. The predominant age group in Hope Island is 60-69 years. Households in Hope Island are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hope Island work in a managers occupation.In 2021, 70.20% of the homes in Hope Island were owner-occupied compared with 67.50% in 2016.

Hope Island has 9,230 properties. Over the last 5 years, Houses in Hope Island have seen a 71.42% increase in median value, while Units have seen a 76.71% increase. As at 31 July 2026:

  • The median value for Houses in Hope Island is $1,730,428 while the median value for Units is $1,131,041.
  • Houses have a median rent of $1,400 while Units have a median rent of $885.
There are currently 174 properties listed for sale, and 30 properties listed for rent in Hope island on OnTheHouse. According to Cotality's data, 619 properties were sold in the past 12 months in Hope island.

Suburb Insights for Hope Island 4212

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.