SOLD
RECENT ADVICE
Sold on 29 Oct 2024 for $680,000

119/2346 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 113m2
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Property Details for 119/2346 Gold Coast Hwy, Mermaid Beach

119/2346 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 113m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
86m2
Land Size
113m2
Local Government
Gold Coast City

Last Listing description (November 2024)

The award-winning Turtle Beach Resort is the perfect choice for those seeking a coastal weekender, savvy investment or fuss-free first home. Tucked away in a quiet corner, this second-floor apartment includes a fully-equipped kitchen, a living and dining area that opens onto an alfresco entertaining balcony, plus two spacious bedrooms with their own bathrooms.

Investors can take advantage of the resort's high year-round occupancy levels, while weekenders will delight in the superior onsite amenities, comprising four swimming areas, a splash zone waterpark, tennis court, mini putt-putt, cinema, games room, playground, and kids club. With the thriving Nobby and Mermaid Beach cuisine scenes a short walk away and public transport at your doorstep, this well-presented apartment presents an enviable lifestyle or prosperous asset. Inspect today!

Property Specifications:

Lucrative investment, coastal home or weekender in award-winning Turtle Beach Resort
Tucked away on the second level and in a quiet corner of the resort
Approx. five minute walk to patrolled beaches
Fully equipped kitchen
Living and dining area opens onto an alfresco entertaining balcony
Two bedrooms with built-in robes, each serviced by their own bathroom
Main bedroom opens to a balcony with a private, leafy outlook
Second bathroom includes laundry amenities
Ample storage
Secured underground car space
Investors can capitalise on very high resort occupancy levels year-round
Four swimming areas with heated pools and spas, Splash Zone Waterpark, The Deck restaurant and bar, two
saunas, tennis court, mini putt-putt golf course, 22-seat cinema, games room, playground and kids club
Walk to a thriving selection of Nobby and Mermaid Beach restaurants and cafes
Public transport close by
2km to Pacific Fair and 16.5km to Gold Coast Airport

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 119/2346 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$680,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $680,000
  • 29 Sep 2024
    Listed for Sale Contact Agent
  • 20 Apr 2016
    Listed for Sale $268,000 TURTLE BEACH RESORT

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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 5,607 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 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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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.