1 The Sovereign Mile, Paradise Point, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

1 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 4
Bathrooms: -
Car spaces: 4
Floor area: 571m2
Land area: 1250m2
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Property Details for 1 The Sovereign Mile, Paradise Point

1 The Sovereign Mile, Paradise Point is a 4 bedroom, 0 bathroom Unit with 4 parking spaces and was built in 2002. The property has a land size of 1250m2 and floor size of 571m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
2002
Floor Size
571m2
Land Size
1250m2
Local Government
Gold Coast City
Lot/Plan
49/RP891531

Last Listing description (December 2015)

Inspired by the seaside villas of the Renaissance era, this impressive and striking Mediterranean style residence of grand proportions offers wide 69.7 m water frontage on a large 1250 sqm block. with panoramic views from all aspects. Built by renowned Inter Pacific International builders with a reputation for innovation and design this home abounds classic features that stand out from the rest.
A grand Italian tiled entrance with sweeping staircase to upper level greets you. Open plan living offers easy circulation between gracious rooms. Featuring a sunken separate lounge and dining area with timber floors, fireplace and coffered ceiling with floor to ceiling luxury drapery. Indented display and lighting features together with unique timber featured panelling sets the mood for entertaining.
The guest bedroom with ensuite shares a kitchenette. There is also a den/study/library, powder room, laundry and a Gourmet 2 pac & granite kitchen with butler?s pantry extending to the spacious family living area.

Large windows throughout connect the indoors with the out, including a BBQ terrace and Lanai overlooking expansive waterfront, fully tiled swimming pool and infinity edge lap pool with lush gardens.
Upstairs features a luxury Master bedroom with tranquil spa, bathroom with separate powder and his/her robes, enjoying privacy and breathtaking views. A large balcony adjoins and a further 4 bedrooms with dual share bathrooms and built in robes. A fully equipped theatre room with wet bar sets the scene for pleasurable nights with family and friends.
Other features include:
2 jetty?s both powered (1x3 phase) and water, able to moor the largest of motor yachts
Approx 1250 sqm block with over approx 69 m water frontage
6 bedroom/4 bathroom/2 powder, executive office, den/library, theatre room
Triple garage with guest carport
Irrigation throughout plus spear pump facility
Remote driveway access
Ducted Air Conditioning/heating throughout with controlled areas
Alarm ? full security, large balcony
Ducted Vacuum, Laundry chute, intercom, ample storage
24 hrs guarded Sovereign Security
multiple open plan living and dining areas
manicured gardens overlooking extended canal views
feature timber doors, feature lighting and niches
Equipped home theatre room with a bar
Grand Master Bedroom with a feature spa bath
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 1 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$2,850,000
27 Sep 2015
  • 27 Sep 2015
    Sold for $2,850,000
  • 24 Jun 2015
    Listed for Sale Not Disclosed
  • 06 May 2009
    Sold for $2,900,000
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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 4,423 properties. Over the last 5 years, Houses in Paradise Point have seen a 72.60% increase in median value, while Units have seen a 86.25% increase. As at 31 May 2026:

  • The median value for Houses in Paradise Point is $2,210,815 while the median value for Units is $1,402,449.
  • Houses have a median rent of $1,200 while Units have a median rent of $755.
There are currently 85 properties listed for sale, and 5 properties listed for rent in Paradise point on OnTheHouse. According to Cotality's data, 247 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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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.