SOLD
RECENT ADVICE
Sold on 26 Feb 2024 for $555,000

10/2340 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 10/2340 Gold Coast Hwy, Mermaid Beach

10/2340 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
10/SP134288

Last Listing description (February 2024)

Method of Sale: Private Treaty
OFI Attendees: 24
Online Enquiries: 17

Number of Written Offers: 10
Days on Market: 4
Views Online: 3,684 (REA & Domain)

This recently refurbished one bedroom ground floor apartment presents an exciting opportunity to start a relaxed carefree lifestyle in the heart of Mermaid Beach.

Perfectly positioned just footsteps to the sand and surf within 'Villa Mermaide', a secure complex of 33 apartments on a 2,229sqm block, this turnkey apartment is ready to move straight in and start enjoying everything this lifestyle location offers.

Benefiting from the highly desirable ground floor position, this 1 bedroom, 1 bathroom apartment combines generous proportions with a fantastic indoor/outdoor flow. Enjoy entertaining friends and family or simply relaxing on the massive 27sqm terrace that flows seamlessly from the open plan living and dining spaces.

Renovated functional kitchen with breakfast bench, top of the range new appliances and plenty of storage. Spacious bedroom filled with natural light with walk-in robe. Large renovated bathroom with dual shower heads and floor to ceiling tiling.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, restaurants and bars, patrolled surfing beaches, Nobby's Precinct, public transport, local schools, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.

With an appeal to a broad range of buyers being investors, downsizers and first home buyers, be sure not to miss the opportunity to secure your piece of prime Gold Coast real estate.

Property Features:
• 1 bedroom, 1 bathroom, 1 carpark apartment
• Ground floor position
• Large 27sqm terrace with lemon, lime, orange, mandarin, kumquat and olive trees
• Fully renovated modern kitchen with Westinghouse air fryer oven, LG smart dishwasher, breakfast bench and plenty of storage
• Open plan living and dining with new split system air conditioning
• Master suite filled with natural light and walk-in robe
• Modern family bathroom
• 1 secure carpark in underground basement
• Secure gated complex of 33 apartments on a 2,229sqm block
• Complex facilities including large swimming pool, multiple covered visitor carparks, BBQ pavilion and outdoor entertaining area

Property Specifics:
• Council Rates: $1,207.23* half yearly
• Water Rates: $341.86* per quarter
• Body Corporate: $91.80* per week
• Rental Appraisal: $550* per week
*Approx

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.

Property History for 10/2340 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$555,000
26 Feb 2024
Listed for Rent
$350/w
09 Aug 2016
  • 19 Feb 2024
    Sold for $555,000
  • 14 Feb 2024
    Listed for Sale Offers Over $499,000
  • 18 Oct 2017
    Sold for $292,000
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.