After 30 years we are looking for a new owner, never on the market before so do not miss out as it wont last. Whether you are looking to rent it out or renovate to live in, this property is a jewel of Sovereign Islands. Situated in this prestigious enclave, this property presents a rare combination of a generous 815 square meter block size with an impressive 20 meters of water frontage. Boasting an enviable northwest-facing aspect, the residence captures stunning views of the Broadwater and Salacia Waters. Step inside to discover a layout designed for both relaxation and entertaining, featuring a master bedroom conveniently located on the ground floor, overlooking the tranquil water vistas. Upstairs, the separate living areas provide versatility, offering privacy and space for various activities. The home's expansive great entertainment area, complete with a charming fireplace and skylight feature, sets the stage for cozy gatherings or leisurely afternoons. This property has everything you could wish for, offering a great opportunity to renovate and create your ideal waterfront retreat. With a pontoon ready for boating enthusiasts, this home invites you to embrace the Gold Coast lifestyle. Don't miss this chance to add your personal touch and turn this residence into a masterpiece. Key Features: • Master bedroom downstairs for added convenience and luxury. • High Ceilings • Northwest-facing aspect with views of the Broadwater and Salacia Waters. • Expansive great entertainment area with a charming fireplace. • Skylight feature that bathes the space in natural light. • Good-sized bedrooms ensuring comfort for family and guests. • Separate living areas upstairs for privacy and versatility. • Double car garage and double carport for ample parking and storage needs. • Pontoon for boating enthusiasts. • Ducted air-conditioning. • 20 minutes drive to the vibrant lifestyle of Surfers Paradise. • 3 minutes drive to cafes and shops in Paradise Point. • 50 minutes drive to Brisbane for work or leisure. Disclaimer: We have in preparing this information used our best endeavour 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 vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.