8424 Magnolia Dr E, Hope Island is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1261m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Hope Island in the last 12 months.
Located in prestigious Hope Island Resort in The Grange building, this well-presented ground floor dual-key apartment offers exceptional lifestyle appeal with the bonus of strong rental returns if you are looking for an investment.
Overlooking the 17th green of Hope Island Links Golf Course and tranquil Lake Lugano, coming home will always be a pleasure. With spacious living areas and spectacular golf course views, this residence is perfect for owner-occupiers seeking resort living, or investors looking for a high-yield property.
Property Highlights:
Unique dual-key layout second bedroom is fully self-contained with walk-in robe, ensuite & kitchenette.
Master bedroom is spacious and private.
Built-in robe and ensuite to second bedroom.
Open-plan kitchen with double dish drawers.
Spacious lounge/dining opening onto enclosed Florida room for all-year entertaining.
Huge balcony with breathtaking views.
Ducted air conditioning.
Loads of cupboard space throughout.
2 carparks (1 secure garage, 1 under carport) + buggy space.
Golf buggy access through the resort to shops, restaurants & cafes.
Resort-style facilities including pool & tennis court.
24 hour back to base security
Potential Rental Return: Up to $1,150/week
Studio Apartment Approx. $500/week (furnished), including carport.
One-Bedroom Apartment Approx. $650/week, including garage carpark, golf buggy space & storage shed.
Ability to rent under two separate tenancies for maximum flexibility and income or live in 1 and rent the other.
Representing sensational value for money, this property blends investment potential with the resort lifestyle Hope Island is famous for.
Contact us today to arrange your private inspection and secure this rare opportunity.
The size of Hope Island is approximately 14.2 square kilometres. It has 15 parks covering nearly 21.5% of 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 9,236 properties. Over the last 5 years, Houses in Hope Island have seen a 78.85% increase in median value, while Units have seen a 77.41% increase. As at 30 April 2026:
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