OFF MARKET

118/10-16 Alexandra Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
Land area: 3634m2
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Property Details for 118/10-16 Alexandra Ave, Mermaid Beach

118/10-16 Alexandra Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 3634m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1994
Floor Size
104m2
Land Size
3634m2
Local Government
Gold Coast City
Lot/Plan
35/BUP13878

Last Listing description (May 2019)

Owners have purchased elsewhere and are extremely motivated to sell!
Immaculately presented this two bedroom, two bathroom unit is located in the Diamond Beach Holiday Resort. Perfectly positioned close to the beach, Pacific Fair shopping centre and all the amenities Broadbeach has to offer.
The open plan living area has a balcony where you will enjoy the morning sun and the cool ocean breezes.

This unit delivers the ideal beachside lifestyle - for either the owner occupier or an excellent return for the astute investor.
Features:
- Two sizeable bedrooms both with ensuites and walk in robes
- Views from bedrooms of ocean glimpses across the prestigious Hedges Avenue
- Secure parking with large storage shed included
- Air conditioning throughout
- Walking distance to local shops, cafe precinct and sports clubs
- Conveniently close to transport and local schools
- Exceptional resort with 2 heated lagoon pools, spacious BBQ areas and children's playground & much, much more (full list available)
- Minimum maintenance, maximum lifestyle
- Rental appraisal approx $490 - $520 per week (permanent basis)
- Holiday letting average $46,845 p.a. before expenses (enquire further for more information)
- Can come with specific furnishings if required for easy transition to holiday letting
- Council Rates approx $1,680 p.a.
- Water Rates approx $1,580 p.a.

Property History for 118/10-16 Alexandra Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$362,000
09 Apr 2019
  • 09 Apr 2019
    Sold for $362,000
  • 26 Feb 2019
    Listed for Sale Not Disclosed
  • 14 Mar 2016
    Sold for $320,000
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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 5,594 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, 269 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.