SOLD
Sold on 21 Nov 2023 for $710,000

12/36 Alexandra Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 116m2
Sold By
Professionals MERMAID BEACH
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Property Details for 12/36 Alexandra Ave, Mermaid Beach

12/36 Alexandra Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 116m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
76m2
Land Size
116m2
Local Government
Gold Coast City
Lot/Plan
12/SP148285

Last Listing description (December 2023)

Position plus, position plus position plus!!!! Interstate investors instructions are clear - This property is to be sold!

This relaxing and breezy beachside unit offers Gold Coast living at its finest. Perfectly positioned in the sought-after suburb of Mermaid Beach, this exceptional 2 bedroom, 2 bathroom unit offers all prospective buyers' endless opportunity. Convenience is key for this "beachside beauty"- located a casual 5 minute stroll away from the suburbs major amenities including the Gold Coast's pristine beaches, shopping and dining at Pacific Fair or indulging in some of the finest entertainment venues the Gold Coast has to offer. In addition, the close proximity of the bus interchange and tram stop make travel to and from your destinations trouble-free. Whether you are an owner occupier or investor this unit offers opportunities that can not be missed.


It's no secret that Mermaid Beach's is hot and in high demand! Act quickly and you too can start living the enviable lifestyle Mermaid Beach has to offer. This highly prized location is continually evolving, renowned for its relaxed coastal lifestyle and ever growing and changing mix of trendy cafes, bars and restaurants.

Features Include:
- Boutique complex, small block of only 12 units on corner block of 1,161m2 (approx.) for future development potential
- Generously sized bedrooms, master with ensuite and balcony
- Light and sunny spacious open plan living and dining areas
- Modern kitchen with quality stainless steel appliances
- Oversized balcony overlooking the hinterland, perfect for evening sunsets
- Well Maintained complex and grounds with enduring style
- Sparkling in ground pool and basement parking in secure complex
- Potential for future growth in sought after location with blue-chip high-density RD8 unlimited height development zoning
- Currently rented until 04/04/2024

Take advantage of this opportunity today! An inspection of this property is a must to truly appreciate the opportunity on offer, but be quick as properties of this calibre rarely last!

Contact Simon Francis or Larissa Martos for further information or to arrange your inspection!

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 12/36 Alexandra Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$710,000
21 Nov 2023
  • 21 Nov 2023
    Sold for $710,000
  • 11 Jul 2023
    Listed for Sale $720,000
  • 23 Dec 2016
    Listed for Sale $420,000
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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.

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.