20/2607-2609 Gold Coast HighwayMermaid Beach QLD 4218
Property Details for 20/2607-2609 Gold Coast Hwy, Mermaid Beach
20/2607-2609 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 873m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Mermaid Beach in the last 12 months.
Last Listing description (August 2024)
Brilliant Investment Opportunity.
The Most Sought After Broadbeach/Mermaid Beach Gold Coast Accommodation - fabulous location, directly opposite Pacific Fair.
On offer is this well appointed and spacious 1 bedroom, north facing furnished fully self contained apartment with private balcony. The facilities include a sparkling pool and heated spa, BBQ entertainment area, secure undercover parking and more. This unit is in original condition ready for the new buyer to add their own touch or the long term tenant is very happy to stay on.
"Portobello Resort Apartments" is a classically designed Mediterranean complex only 4 stories high (including basement), located ideally opposite Pacific Fair Shopping Centre, Star Casino, the Convention Centre and less than 10 minutes walk to the heart of Broadbeach. Leave your car at home as it is a short stroll to the gold coast's beautiful Mermaid & Broadbeach surf beaches, local shops, restaurants, local clubs and cafes.
Features:
- North aspect
- 1st Floor
- Light & Airy
- Fully self contained apartment
This unit is currently rented for $430 per week until 13th July 24.
With the announcement that stage 3 of the $650 million dollar Light Rail extension from Broadbeach to Burleigh will begin shortly this infrastructure will soon be right on the doorstep of "Portobello Resort".
With the amenities and facilities offered, you need to inspect this one!
Please note: Photo's of unit and furnishings may represent a similar unit and not necessarily the unit for sale. Inspections required to confirm actual unit for sale. Unit is approx 52 m2.
Act now to secure this property. All enquiries welcome. Call Dorelle to organise an inspection time(Listing ID: 21121888 )
Property History for 20/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218
- 16 Dec 2023Sold for $388,000
- 25 Oct 2023Listed for Sale Further Price Adjustment - $390k
- 13 Aug 2020Sold for $200,000
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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.
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