FOR SALE
Offers Over $529,000

98/2342-2358 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Perfect Investment in Mermaid Beach Fully Furnished 1 Bedroom apartment!

Located in the highly sought-after Turtle Beach Resort, this spotless 1 bedroom, 1 bathroom apartment offers an exceptional investment opportunity with a secure tenant in place until September 2025, currently returning $650 per week. Positioned just 300m from the golden sands of Mermaid Beach, this property provides a steady income stream while offering the flexibility to enjoy the resort-style facilities and the unbeatable Gold Coast lifestyle.
This well-maintained apartment is private, light-filled, and offers a practical floorplan, perfect for investors seeking long-term capital growth. The unit is fully furnished, ready for immediate rental returns, and includes a spacious living and dining area, a separate kitchen, and a balcony.
Key Investment Features:
Large 1 bedroom with built-in robe
Bathroom has shower, bath and vanity
Separate laundry for convenience
Updated with new laminate timber look flooring
Air-conditioning and ceiling fans for comfort
Fully furnished for easy rental or owner-occupier use
Secure basement carpark with reserved space
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Property Details for 98/2342-2358 Gold Coast Hwy, Mermaid Beach

98/2342-2358 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with LJ Hooker Pacific Pines.

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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 5,629 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 28.19% increase in median value, while Units have seen a 106.31% increase. As at 30 November 2024:

  • The median value for Houses in Mermaid Beach is $1,796,952 while the median value for Units is $967,390.
  • Houses have a median rent of $850 while Units have a median rent of $770.
There are currently 40 properties listed for sale, and 14 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 279 properties were sold in the past 12 months in Mermaid beach.

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Tim Wolff
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Tracey Fisher
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LJ Hooker Pacific Pines
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