16 Glenelg AvenueMermaid Beach QLD 4218
Property Details for 16 Glenelg Ave, Mermaid Beach
16 Glenelg Ave, Mermaid Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 809m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (July 2022)
GREAT LONG-TERM HOLDING POTENTIAL
Right in the middle of Mermaid Beach are these four sophisticated modern 3 bedroom 2.5/3 bathroom townhouses all with double lock-up garages, just 450m to the beach in this peaceful little cul-de-sac street sits 1 to 4/16 Glenelg Avenue.
Recently completed in early 2019, these as new townhouses are just a lazy stroll to the Gold Coast's most popular world class restaurant precincts of Broadbeach where you find the world class Star Casino, The Gold Coast Convention Centre, Queensland's fourth largest retail and shopping centre (Pacific Fair) and the South Broadbeach light rail station giving access north to the glitter strip and major tourist attractions. The soon to be next stage of the light rail South to Burleigh Heads has recently started construction only adding to this vibrant sought after location.
Presenting as new these modern 3 bedroom, 2.5/3 bathrooms, big spacious homes have separate upstairs and downstairs living, 3 great size bedrooms, fully tiled bathrooms all master bedrooms have spacious ensuites, quality chef's kitchens with high-end fixtures, island stone benchtops and generous size double lock up garages.
All 4 homes have practical floorplans between 193m2 up to 223m2 for comfortable family beachside living. These bigger family floorplans are rare in the beachside areas, with most of the rental stock 2 bedroom 1 or 2 bathroom and a tight 90m2 in size. The high demand for large 3 bedroom homes in the beachside suburbs allows for premium returns for the long-term investors. Keep one for personal use and live off the income of the other 3 or let, set and forget all 4 with low maintenance and minimal out goings you can be assured you have invested in prime blue chip Gold Coast real estate.
Situated all on one title on 809m2 highly sought after Gold Coast real estate, Mermaid Beach is one of the exclusive pockets on the Gold Coast beachside with height restrictions and low to medium density living making it the choice of those that can afford to live here. The new light rail stage about to begin construction to Burleigh Heads with major infrastructure already under construction for the planned route to Burleigh Heads is creating excitement among local residents and business owners. For families and executive couples moving up to the Gold Coast for the family beach lifestyle, Mermaid Beach is the most sought after location to accommodate the relaxed carefree beach lifestyle.
To obtain the Information Memorandum (IM) on the property or for private inspection please call Simon on 0413 198 357.
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 Glenelg Ave, Mermaid Beach, QLD 4218
- 30 May 2022Listed for Sale Offers Over $6,000,000
- 13 Jun 2019Listed for Sale 3,295,000.00
- 20 Jan 2019Listed for Sale Offers over $3,600,000
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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 5,594 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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