OFF MARKET

10/36 Alexandra Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 612m2
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Property Details for 10/36 Alexandra Ave, Mermaid Beach

10/36 Alexandra Ave, Mermaid Beach is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2002. The property has a land size of 612m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2002
Floor Size
87m2
Land Size
612m2
Local Government
Gold Coast City
Lot/Plan
10/SP148285

Last Listing description (July 2022)

Right in the heart of the most sought-after location on the Gold Coast. This big beachside apartment approximately 250m to Pacific Fair, 350m to the beach, and 100m to the South Broadbeach light rail station, you have it all at your front door.

As soon as you walk in through the entry foyer you appreciate the size of living space that continues to flow through opening out to an impressive and comfortable northerly outdoor balcony where you can live and entertain while watching the sunrise or sunset. The spacious, tastefully renovated chef's kitchen with new quality stone bench tops and breakfast bar creates a clean, crisp, chic beachside feel.

A spacious dining area, new floating timber floors produce a light, bright and breezy ambience to this unit that will instantly put you at ease. The master suite with generous size ensuite opens out to the sunny north facing balcony. A spacious 2nd bedroom and open study nook. The main bathroom comprises of a fully equipped European laundry. 2 car security basement parking is gold in the beachside suburbs.

2 bedrooms
2 bathrooms
Study nook, fully renovated high-end chef's kitchen
New floating timber floors
Huge balcony
Security basement parking for 2 cars
Low body corporate of approx. $62 per week

The chance of a potential re-development buy-out in the future for this site is a very real possibility. The location is extremely sought after with high-density zoning for unlimited height changes to the town plan makes this a very valuable piece of blue-chip real estate for residential re-developments down the track. Some lucky purchasers will get to secure this spectacular apartment for less than the land value it sits on. This neat, solid block of 12 apartments has a pool and outdoor BBQ facilities with a low body corporate. All this provides a comfortable, vibrant beachside lifestyle or great investment opportunity within a stone's throw to the beach, bars, cafes, clubs, the best restaurants on the Gold Coast, Pacific Fair, Casino, schools and transport.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 10/36 Alexandra Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$745,000
28 Jun 2022
Listed for Rent
$360/w
18 Jul 2012
  • 28 Jun 2022
    Sold for $745,000
  • 12 May 2022
    Listed for Sale $775,000 Plus Buyers
  • 29 Jan 2021
    Sold for $503,000
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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 5,597 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 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 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.