SOLD
RECENT ADVICE
Sold on 12 Dec 2024 for $920,000

1/32 William Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 1/32 William St, Mermaid Beach

1/32 William St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

Discover coastal living at its finest in this spacious 2 bedroom, 2 bathroom ground-floor apartment, located only 220* meters from the golden sands of Mermaid Beach. For the first time in 23 years, this rare opportunity has come to market in a tightly held building of just 24 units, with no recent sales in over two years - a testament to its desirability and enduring appeal.

This boutique complex, "Kalahari Palms," rests on a generous 2,426m2 block, offering residents ample privacy and lush tropical surroundings. Step inside to a bright open-plan living area that flows to a north-facing balcony, ideal for soaking up the morning sun. With plenty of potential for renovation, this apartment offers a unique opportunity to add your personal touch and increase its value, creating the ultimate beachside retreat.

You'll be a short walk to local cafes, restaurants, and the Mermaid Beach SLSC, with Pacific Fair, Broadbeach Shopping and Restaurant Precinct, and the light rail station all close by. Built by the renowned developer Les Nichols, "Kalahari Palms" offers a sparkling in-ground pool, lush tropical gardens, and secure underground parking for your convenience.

Key Features:
• Spacious ground-floor apartment
• 2 bedrooms, 2 bathrooms, including master with ensuite
• Open-plan living with north-facing balcony
• Additional balcony from main bedroom with views over tropical gardens and pool
• Low body corporate fees
• Secure parking for two cars, side-by-side
• Secure, boutique building with 24 units
• Prime location just 220m* from the beach and close to Mermaid Beach SLSC, cafes, Pacific Fair, and more

Don't miss this rare chance! This apartment will be auctioned on 11th December - act quickly to secure a prime position in the heart of Mermaid Beach.

Body Corporate approx. $65* per week
Council Rates approx. $1,635* per half-year
Water Rates approx. $460* per quarter
Rental Appraisal: $850 per week

Auction Terms:
Vacation Possession
5 - 10% Deposit, buyers choice
30 - 60 Day Settlement, buyers choice
In-Room Auction - Coastal Office - 16 Queensland Avenue, Broadbeach

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 1/32 William St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$920,000
12 Dec 2024
  • 12 Dec 2024
    Sold for $920,000
  • 12 Nov 2024
    Listed for Sale Auction In Rooms
  • 11 Aug 2012
    Listed for Sale Not Disclosed
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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 5,631 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 42 properties listed for sale, and 17 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 274 properties were sold in the past 12 months in Mermaid beach.

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