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Sold on 04 Sep 2024 for $4,300,000

1403/272 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 241m2
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Property Details for 1403/272 Hedges Ave, Mermaid Beach

1403/272 Hedges Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Floor Size
241m2
Local Government
Gold Coast City
Lot/Plan
1403/SP288108

Last Listing description (September 2024)

This property was sold by Danny Stanley & Rebecca Jackson.

Method of Sale: Auction

Marketing Campaign: Digital and Social

Registered Bidders: 4

Enquiries: 56

Days on Market: 37

For strategic advice on your next sales campaign, call Danny Stanley on 0407 876 841 and Rebecca Jackson on 0402 589 887.

Property Description:

Ocean-front Luxury in Award-Winning Building

Hovering high above parklands and pristine beaches, this 14th floor apartment is a showcase of light-filled luxury.

Positioned within the award-winning residential-only complex, 272 Hedges, and spanning 241m2*, sweeping coastal, city and hinterland views follow you throughout.

Full-height windows frame these never-to-be-built-out vistas in the open plan living and dining zone and adjacent kitchen, creating a magnificent backdrop to live by. Premium European appliances, marble benchtops and a butler's pantry enhance the gourmet kitchen, while the wraparound balcony is the perfect place for ocean-front recreation or relaxation.

Three bedrooms epitomise refined elegance, with each opening onto the alfresco terrace and capturing iconic views. In the master suite, your day starts and ends gazing out across an exquisite coastal outlook, plus benefit from a walk-in robe and sleek Travertine ensuite. The same divine natural stone finishes enrich the main bathroom and powder room, plus take advantage of a multi-purpose room – perfect as a study or a second living area.

Additionally, residents benefit from a suite of six-star onsite amenities including a dedicated concierge, executive lounge, pool, spa, state-of-the-art gym, sauna, marble steam room and treatment rooms.

The Highlights:

- Luxe and light-filled 14th floor apartment in award-winning 272 Hedges, an iconic residential-only complex across from parklands and golden beaches
- 241m2* floorplan basking in sweeping coastal, city and hinterland views
- Gourmet kitchen and butler's pantry appointed with marble benchess, premium European appliances including integrated fridge/freezer, integrated dishwasher, dual ovens, and combined gas and induction cooktop
- Open plan living and dining area framed by full-height glass, flows onto an ocean-view terrace
- Three spacious bedrooms open onto the wraparound alfresco balcony
- Master suite with exquisite coastal outlook, walk-in robe and sleek Travertine ensuite including dual vanity, freestanding bath, gun metal fixtures and boutique cabinetry
- Bedrooms 2 and 3 with built-in robes and captivating views
- Main bathroom and powder room enriched with travertine finishes
- Multi-purpose room – ideal as a study or second living area
- Ducted and zoned air-conditioning
- Ample storage, including in the laundry
- Six-star resident amenities including a dedicated concierge, executive lounge, pool, spa, state-of-the-art gym, sauna, marble steam room and treatment rooms
- Two side by side car parks with storage

Outgoings & Income:

- Council Rates: $1,957.92 per annum approximately
- Water Rates: $1,157.32 per annum approximately
- Body Corporate Fees: $268.61 per week approximately
- Rental Appraisal: $2,500 - $3,000 per week approximately

Positioned across from Pratten Park and the sand and surf of Kurrawa and Mermaid Beach, 272 Hedges dominates the landscape of one of the Gold Coast's most sought-after streets. Metres from patrolled beaches and sprawling parklands, it also places you within walking distance of Broadbeach. Day or night, indulge in a tempting choice of bars, restaurants and cafes, or head to nearby Star Casino or Pacific Fair for additional leisure, shopping and entertainment pursuits.

Experience unsurpassed coastal luxury in an ultra-exclusive enclave. Contact Danny Stanley on 0407 876 841 today.

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

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 1403/272 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$4,300,000
04 Sep 2024
  • 04 Sep 2024
    Sold for $4,300,000
  • 29 Jul 2024
    Listed for Sale Sold - $4,300,000
  • 04 Jul 2018
    Sold for $1,957,000

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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 5,610 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 41 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 259 properties were sold in the past 12 months in Mermaid beach.

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Danny Stanley
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Rebecca Jackson
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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.