48 Gibraltar Drive
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About this property
Today is the chance for you to be able to secure one of the last remaining waterfront opportunities on centrally located Gibraltar Drive, one the Gold Coasts most exclusive enclaves, Isle Of Capri. The constant demand for this style of home and opportunity on one of the most popular and central streets on the Island is extremely rare, and now reflected in sales results and median rise. Today we offer to you this unique waterfront home with amazing potential, on one of the most sought after premiere positions on the Island, with SW water aspect, on wide flowing water. You will love the seamless flow from living to an oversized alfresco, ideal for entertaining, and soaking up the views, and watching life on the canal pass you by. This property offers something special with a great solid structure, allowing fantastic potential for the the next tailored renovation on this stunning street. Whether you are looking for the perfect position for your forever dream home, or simply to add your own style and touches, this rarely found home offers an array of possibilities. The lifestyle on Isle Of Capri is second to none. You will love the close proximity to the exclusive Capri On Via Roma, your local shopping and dining mecca. Located canal side with moorings for your water vessels, for easy access. The leafy green parks for family picnics, and an easy walk to the pristine sandy beaches of Surfers Paradise. Isle Of Capri is the ultimate lifestyle destination. Property Features: - Wide SW waterfront location - Sought after centrally located street - 2 separate living areas - 3/4 bedrooms, master with ensuite - Oversized alfresco entertaining - Inground swimming pool - Pontoon with jetski - Double garaging - Secure off street parking - Electric security gates - Brick construction - Tiled Roof - Site 637m2* - Stroll to Via Roma shopping and dining mecca - Close proximity to park and and sporting oval - Surfers Paradise Preschool - Surfers Paradise State School - TSS Zone Disclaimer: The above information has not been verified. We advise you confirm the accuracy of details before entering into a contract. Prestige Property Agents and its employees cannot be held responsible for any inaccurate details supplied here.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 637 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Isle Of Capri
This 4-bedroom house in Isle Of Capri, QLD 4217 sits within reach of public transport, local shops local amenities.
What's nearby
- Salerno St at Salerno Street (bus) — 451 m away
- Beyond Beauty — 406 m away
- Franquin Park — 162 m away
- Wildwood Park — 174 m away
- Unnamed — 181 m away
Due diligence
Property Report
Future Development
Isle of Capri is experiencing incremental residential infill and waterfront precinct activation typical of established Gold Coast riverside suburbs. Development activity is moderate, focused on townhouse subdivisions, mixed-use waterfront improvements, and regional recreation infrastructure rather than large-scale high-rise development. The suburb remains attractive for owner-occupiers and investors seeking proximity to Nerang River amenity and established neighbourhood character.
Nearby projects
4
Closest
0.5 km
Isle of Capri Waterfront Precinct Enhancement
Distance from this property is exact (rings = km). Direction is illustrative.
Isle of Capri Waterfront Precinct Enhancement
0.5 kmCouncil-led waterfront upgrade focusing on public realm, boat ramp improvements, and mixed residential/commercial activation along the Nerang River.
2025-2026
Capri Village Residential Infill DAs
1.2 kmMultiple small-scale residential infill and townhouse developments capitalising on available land within established Isle of Capri suburbs.
2024-2025
Residential Medium Density Rezoning (surrounding areas)
1.5 kmCouncil planning to increase medium-density residential zoning in periphery areas to support housing supply across the Gold Coast hinterland.
2024-2026
Nerang River Cycle Path Extension
2 kmRegional cycling and pedestrian pathway extension connecting Isle of Capri to adjacent Southport and Carrara precincts via the Nerang River corridor.
2025
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