16/2340 Gold Coast HighwayMermaid Beach QLD 4218
Property Details for 16/2340 Gold Coast Hwy, Mermaid Beach
16/2340 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 1377m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
A perfect opportunity for the savvy buyer looking to secure their own slice of the lucrative Mermaid Beach property market! Set on the middle floor of "Villa Mermaide", this property offers a fantastic investment for your portfolio or a fabulous low maintenance lifestyle in the heart of one of the Gold Coast's most sought-after locations!
Whether you're looking to nest or invest, you won't want to miss this! Positioned on the middle floor of this central, well maintained complex, this spacious apartment features two well sized bedrooms, both with built in wardrobes and ceiling fans and two bathrooms. The spacious open plan living, kitchen and dining space is light, bright and airy and adjoins a sunny North/East facing balcony.
Residents of "Villa Mermaide" enjoy the use of the sparkling on site pool and BBQ entertaining area as well as secure basement parking (not that you'll need it in this super convenient location!) and the benefit of a building manager on site.
Location and lifestyle, this property offers it all! Perfectly positioned, within an easy stroll to your choice of trendy cafes and restaurants and the pristine beaches of Mermaid, right at your fingertips. Enjoy close proximity to the popular bars and eateries of Nobby Beach, an array of shopping centres including world class Pacific Fair, public transport and so much more!
Features:
- Spacious 2nd floor unit
- 2 bedrooms both with built in wardrobes & ceiling fans, 2 bathrooms (Master with ensuite)
- Open plan living
- East facing balcony
- Well appointed kitchen
- On site pool and BBQ entertaining area
- Secure basement parking
- Neat and tidy - low maintenance living
- Prime, central Mermaid Beach location - walk to everything!
Council rates: $1,750 per annum (approx.)
Water rates: $1,400 per annum (approx.)
Body corporate fees: $95 per week (approx.)
Rental estimate: $600 per week (approx.)
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 16/2340 Gold Coast Hwy, Mermaid Beach, QLD 4218
- 27 Mar 2022Sold for $570,000
- 10 Mar 2022Listed for Sale Offers Over $550,000
- 17 Sep 2016Sold for $300,000
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0About 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 5,600 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.
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