SOLD
Sold on 16 Dec 2023 for $880,000

14/168 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 544m2
Sold By
Professionals MERMAID BEACH
Save

Property Details for 14/168 Hedges Ave, Mermaid Beach

14/168 Hedges Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 544m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
85m2
Land Size
544m2
Local Government
Gold Coast City
Lot/Plan
14/BUP696

Last Listing description (January 2024)

Be Quick! This Property Will Be Sold at Auction or Before!

Discover the ultimate beach lifestyle in this beautifully refurbished 2-bedroom property, boasting two spacious balconies with breathtaking ocean views. Imagine waking up every morning to the serene sounds of the waves and enjoying your coffee with a panoramic view of the sea, watching the whales go by.

Positioned on the top-floor, Enjoy refreshing Sea breezes whilst relaxing in the comfort of your living room or imagine yourself prepping a gourmet meal in the kitchen where horizon sea views endlessly unfold.

Situated just across from a patrolled beach & lush parkland, immerse yourself in the vibrant local scene with an abundance of charming coffee shops surrounding the backdrop of this coastal haven.

Features:
Two Spacious Bedrooms
Two Balconies
One Renovated Bathroom
Refurbished Interiors
Single Lock up garage - Garage size wider than average with secure locked garage door & extra space for storage
Private Top-Floor Location
Breathtaking Ocean and Parkland Views
Prime Location
Walk to Local Conveniences like cafes, shopping and dining

Nestled on the prestigious Millionaires row, "Camden House' graces one of the most exclusive streets in Mermaid Beach & is highly sought after having just 19 units in the complex on 1,214m2 of prime real estate on corner block.

The apartment is just a stroll away from the Mermaid Beach Surf Club, the delightful Rafiki by the Sea, Cafe on Hedges, and local parklands.

All within close proximity to the famous Pacific Fair Shopping Centre and the bustling restaurant and cafs in the area, you'll feel like you're on permanent holidays.

The under-construction light rail will soon be within nearby convenience, further enhancing the future capital of this outstanding investment.

There is a lease in place until April 2024, with the tenant currently paying $650 per week.

This auction opportunity represents a unique opportunity to secure a slice of Mermaid Beach's vibrant lifestyle. Whether you're a savvy investor, a beach enthusiast, or seeking a dream home, this apartment ticks all the boxes.

Don't wait for the auction as we will be accepting offers beforehand. Contact our marketing agents Brooke Henley-Smith on 0422 133 053 or Andrew Henderson on 0438 691 972 now to arrange a viewing or for a detailed Property Memorandum and take the first step towards owning this coastal gem.

Body Corporate Levies: $82 per week (approx.)
Council Rates: $3,325 per annum (approx.)
Waters Rates: $1,507 per annum (approx.)
Currently rented for $650 per week until 26/04/2024

Auction: Saturday 16th December, 2pm at the Mermaid Beach Surf Club
Auction Conditions: 30-day settlement, 5% deposit payable

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

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 14/168 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$880,000
16 Dec 2023
Listed for Rent
$420/w
06 Feb 2013
  • 16 Dec 2023
    Sold for $880,000
  • 28 Nov 2023
    Listed for Sale AUCTION
  • 01 Feb 2013
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.