OFF MARKET

1/23 Cronulla Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
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Property Details for 1/23 Cronulla Ave, Mermaid Beach

1/23 Cronulla Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1976
Floor Size
69m2
Local Government
Gold Coast City
Lot/Plan
1/BUP2057

Last Listing description (September 2022)

Did someone say Sea, Salt, Sand all within 100m barefoot?

This delightful innovative single level Triplex located within a boutique block of three, positioned just meters from the famous Gold Coast strip 'Hedges Avenue' has everything you'll need at your doorstep. Properties offering such a lifestyle desired by many rarely last in this market so act fast not to be disappointed!

Property Features:

2 generous bedrooms with built in wardrobes
Main bathroom with shower and built in laundry
Separate powder room
Light filled, open plan and fully tiled lounge/dining area
Air conditioner to lounge
Security screens throughout
Updated paint and carpets in bedrooms
Private entry with single carport
Private courtyard
Boutique block of 3 units situated on a 405m2 block
Currently tenanted until 22/09/2022

Council rates: $1,800.00 approx. per half year
Water rates: $400.00 approx. per quarter
Body Corporate: $1,300 approx. per year
Rental appraisal: $550 - $600/week

Occupy or invest into one of the Gold Coast's booming market that has seen approximately 32.7% growth in the past 12 months alone! This is blue chip investing into beachside living envied by all.

For further information on this property or to arrange an inspection, please call Matt Hughes 0421 724 330 or Craig McCallum 0422 545 825.

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Property History for 1/23 Cronulla Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$740,000
31 Aug 2022
Listed for Rent
$400/w
01 Apr 2016
  • 31 Aug 2022
    Sold for $740,000
  • 18 Aug 2022
    Listed for Sale UNDER OFFER, OPEN HOME CANCELLED
  • 26 Mar 2018
    Listed for Rent $435 / week
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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, 268 properties were sold in the past 12 months in Mermaid beach.

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