OFF MARKET

16/67 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 518m2
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Property Details for 16/67 Albatross Ave, Mermaid Beach

16/67 Albatross Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 518m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
Unit
Year Built
1982
Floor Size
114m2
Land Size
518m2
Local Government
Gold Coast City
Lot/Plan
16/BUP5418

Last Listing description (January 2021)

Rarely do we see apartments become available in the tightly held "Foreshore Apartments" on prestigious Albatross Avenue. This apartment has been in the family for over 17 years and now awaits it's new owner.

Enjoy uninterrupted blue ocean views, regular morning swims and sunset strolls along the golden soft sands of Mermaid Beach - this apartment provides you with the lifestyle you've always dreamt of.

Located only a short stroll from an abundance of eating and dining options including the vibrant hub of Nobby Beach, public transport and local schools this property really is in the heart of it all.

Features include:
- 3rd floor absolute beachfront apartment
- Idyllic North/East aspect with never to be built out ocean views
- 2 bedrooms, 2 bathrooms (master bedroom with ensuite)
- Each bedroom with ocean views, built in robes and ceiling fans
- Well equipped kitchen
- Open plan living and dining that flows out to large beachfront balcony
- Light, bright and breezy throughout
- Secure basement car parking
- Fully furnished and currently holiday let with great returns
- On site facilities including pool, spa, BBQ entertaining and bowling green

The apartment is currently holiday let with great returns and consistent bookings, enabling you to live the dream beachfront lifestyle at your leisure. You may even choose to permanently let, or, move in and become the envy of all your friends - the choice is yours.

Body corporate fees: approx. $110.17 per week
Council Rates: approx. $3018.05 half yearly.
Water: approx. $356.81 per quarter.
Rental income: Estimated at approx. $550 per week permanent let

This has to be one of the best opportunity's to secure your own absolute beachfront apartment in Mermaid Beach. Be sure to act quick!

Property History for 16/67 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$659,000
27 Aug 2018
  • 19 Dec 2019
    Listed for Sale $659,000
  • 27 Aug 2018
    Sold for $659,000
  • 23 Jul 2018
    Listed for Sale Not Disclosed
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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 5,609 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 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 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.