242/3 Pendraat Parade, Hope Island
Listing data updated 3 Aug 2026
4 bed3 bath2 car
- 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 352m² of combined internal and outdoor space, this home stands out for its generous proportions, refined finishes, and seamless indoor–outdoor 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 352m² 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.
RealistIQ deal score
Neutral value signal
13
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 242/3 Pendraat Parade, Hope Island before you inspect or make an offer.
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Estimate vs market price guide
Market price guide is $275,000 above RealistIQ estimate
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RealistIQ estimate range: $1,344,000 - $2,106,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,725,000
Market price guide$2,000,000
$1,344,000$2,106,00012-month Property Outlook
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Property features
Features detected from the listing details.
Comfort
Air conditioningEnsuiteBuilt-in wardrobes
Kitchen & utilities
Internal laundryGas
Outdoor & building
Swimming poolGarden / courtyardBalcony / deckShed
Lifestyle & views
StudyNorth-facing
From description
Expansive north-facing penthouse on level 4 with water and pool outlooksApproximately 352m² total living, including large wraparound balconiesLuxurious master suite with balcony access, walk-in robe, and high-end ensuiteDesigner ensuite featuring dual shower configurationPrivate lift access with secure code entry to penthouse levelGrand open-plan living and dining with high ceilings and abundant natural lightSeparate media/lounge room with sliding doors for flexibilityTimber flooring (Sydney spotted gum) combined with polished marble surfaces
Listing details
- Status
- Luxury Penthouse - Offers over $2,000,000
Agent and agency
larger land
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