SOLD
Sold on 12 Jun 2024 for $732,500

2/11 Mermaid Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 114m2
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Professionals MERMAID BEACH
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Property Details for 2/11 Mermaid Ave, Mermaid Beach

2/11 Mermaid Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 114m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
114m2
Land Size
114m2
Local Government
Gold Coast City
Lot/Plan
2/BUP3705

Last Listing description (July 2024)

This well-loved unit is now on the market for the next owners to reap the benefits of living the Gold Coast beach lifestyle and the pot of gold that can come from any good investment. The unit in a block of nine has low body corp. of approx. $65.00 per week, with tenancy until March 2025.

This large two bedroom unit features:

Separate W/C

Large separate laundry
Good size kitchen
Separate dining area
Large lounge room
North facing balcony
Single lock up garage

The unit sits on 1,108m2 of prime beachside RD8 real estate, high density unlimited height. Only 300m to beach off to the east, and to the west approx. 300m is the light rail and the fourth largest shopping centre in Queensland, Pacific Fair. The new stage of the light rail will run past your door to Burleigh Heads.

- Body Corporate: $65 per week (approx.)
- Rental Income: Rented for $550 per week until 24/03/2025 (Please note owner occupiers cannot move in until after this date)

For further information please contact Simon Francis 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.

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Property History for 2/11 Mermaid Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$732,500
12 Jun 2024
  • 12 Jun 2024
    Sold for $732,500
  • 06 Jun 2024
    Listed for Sale $750,000
  • 15 Feb 2016
    Sold for $410,000
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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 5,627 properties.

    There are currently 37 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 288 properties were sold in the past 12 months in Mermaid beach.

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