OFF MARKET

2/2315 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 85m2
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Property Details for 2/2315 Gold Coast Hwy, Mermaid Beach

2/2315 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 85m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1982
Floor Size
43m2
Land Size
85m2
Local Government
Gold Coast City
Lot/Plan
2/BUP4713

Last Listing description (May 2023)

With less and less older style smaller complexes around these opportunities are getting harder to secure.

"Costa Bravo" is a unique building with a total of 5 units situated in an amazing location beachside of the highway in Mermaid Beach.


Immaculately presented, Unit 2 is a ground floor unit ready to move in, rent out or see some fantastic returns through Airbnb. The seller has the unit furnished and setup ready for holiday makers and is happy to leave as is.

The current owner has updated the unit and has it in excellent condition throughout.

Tucked away from the highway the unit is private and has a nice area to sit just out the front door.

Within a 3-4 minute walk is all the Caf's, Restaurants, Bars and Boutique retail shops of Nobbys Beach.

Obviously the beach is just a short stroll down the road as well.

Public transport is at the front door giving you easy access up and down the entire Gold Coast.

This unit will suit so many buyers from young first homes buyers, downsizers and investors.

We have a motivated seller who is ready to move on and can offer vacant possession on settlement.

Amazing opportunity, jump in.

Property History for 2/2315 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$477,500
11 Apr 2023
  • 11 Apr 2023
    Sold for $477,500
  • 14 Mar 2023
    Listed for Sale $477,500
  • 14 Dec 2018
    Sold for $280,000
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 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.