FOR SALE
$7,000,000 Plus

7 Sunbrite Avenue
Mermaid Beach QLD 4218

Bedrooms: 10
Bathrooms: 6
Car spaces: 10
Land area: 809m2
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BLOCK OF SIX UNITS - 809M2 - 100M TO THE BEACH

ONE OF THE LAST DOUBLE LOTS IN MERMAID BEACH - less than 100M back from the beach.
'RARE AS A HEN'S TOOTH' - BLOCK OF SIX UNITS on 809M2.
Approx.15m off Hedges Ave.
These beachside locations are becoming rarer, and rarer, and yes, they sell quicker than any other location in Australia. (Under-100 meters to the beach!)
To have this site now become available for the first time in over 50-years is extremely fortunate for those geared up to purchase before the next big price hike. This single ground level block of units is composed of 4 X 2-bedroom/1-bath units and 2 X 1-bedroom/1-bathroom units. All tenanted out, all with a single U/C carpark.
Sitting in Gold Coast's favourite family beachfront strip in the Gold Coast's most popular beachside suburb of Mermaid Beach, this location to live, invest, or holiday in, is like 'downtown Las Vegas to a gambler'.
If wanting to invest in the heart of the new social shopping and entertaining hub of the Gold Coast. It is the elusive, convenient beachside lifestyle all Aussies dream about. Where everything is at your feet, with stress-free, low-maintenance, beach-side lifestyle.
ON OFFER.
RPD LI- 6 GTP157
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Property Details for 7 Sunbrite Ave, Mermaid Beach

7 Sunbrite Ave, Mermaid Beach is a 10 bedroom, 6 bathroom Unit with 10 parking spaces. The property has a land size of 809m2. The place is currently for sale with COASTAL °.

Building Type
Unit
Land Size
809m2

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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,594 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Mermaid beach.

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