SOLD
Sold on 07 Mar 2024 for $3,730,000

1001/272 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 241m2
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Property Details for 1001/272 Hedges Ave, Mermaid Beach

1001/272 Hedges Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 241m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
190m2
Land Size
241m2
Local Government
Gold Coast City
Lot/Plan
1001/SP288108

Last Listing description (September 2024)

Located directly opposite the beach and foreshore, 272 Hedges Avenue affords an enviable beachside lifestyle with sun, surf, and sand on the doorstep. The Broadbeach dining and shopping precinct is a short walk away, along with Pacific Fair Shopping Centre and The Star Casino.

Exceptional resident facilities include a dedicated concierge service, residents lounge, boardroom, function room, swimming pool, spa, gym, sauna, hammam steam room, and treatment rooms. The tower also featured a sweeping canopy at the base of the building, as a tribute to its oceanic setting.

Apartment & Building Features:

- Exclusive beachfront tower on Hedges Avenue
- Walk to the beach, cafes, and restaurants in Broadbeach
- Generous outdoor entertaining balcony with superb ocean views
- Open, flowing floor plan with generous living, dining, and entertaining zones
- Floor to ceiling windows and 2.7m high ceiling capture views and light
- Premium kitchen and butler's pantry featuring Calacatta Ora marble benchtops
- Smeg appliances (integrated fridge, dishwasher, and two ovens, gas or induction cooktop)
- Well-sized multipurpose room
- Ducted air conditioning
- Two car parks
Please email the property manager to secure a private inspection now!

Apply For This Property Online: https://TheOnsiteManager.com/apply/21097383
(Listing ID: 21097383 )

Property History for 1001/272 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,730,000
07 Mar 2024
Listed for Rent
$2.00k/w
19 Jul 2022
  • 29 Mar 2024
    Listed for Rent $3,000 / week
  • 07 Mar 2024
    Sold for $3,730,000
  • 24 Jun 2023
    Listed for Rent $2,000 / 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 5,624 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.

Suburb Insights for Mermaid Beach 4218

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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.