20 Sunbrite AvenueMermaid Beach QLD 4218
Property Details for 20 Sunbrite Ave, Mermaid Beach
20 Sunbrite Ave, Mermaid Beach is a 5 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 405m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last transferred in July 2020.
Last Listing description (July 2020)
Auction this Sunday 5th July, 2pm on site
Tightly held by the same owners for many years, these investors have decided it's time to move on - don't miss this fantastic opportunity to secure this prime piece of real estate at Auction!
If you have been dreaming of a life by the sea, here is your opportunity to bring your hard hat and hammer and build your dream beach abode. Situated approx. 150m to the golden sands and rolling waves in the highly sought after northern end of Mermaid Beach, this location is blue chip beachside real estate!
You'll never miss a beat in this sought after location with surf clubs, Pacific Fair, light rail and the cosmopolitan cuisine of Broadbeach all within a few minutes stroll of the front door.
North facing to the street on a 405m2 block, currently occupied by a block of 3 units - 2 x 2 bedrooms, 1 bathroom units and a 1 bedroom, 1 bathroom unit on a single title. Collect the rent with the triple income (currently $795 p/w), while you formulate plans for your dream beachside residence in one of Mermaid Beach's prime beachside streets.
Features Include:
- Block of 3 units on one title (2 x 2 bedroom units, 1 x 1 bedroom unit)
- Prime beachside opportunity - renovate into your dream home!
- 405m2 land area
- Single storey
- Off street parking for at least 3 cars
- Communal Laundry
- Sought after north facing street position with no unit blocks in direct vicinity
- Combined rental income of $795 per week
- So many options available to you
- Easy stroll to Mermaid or Kurrawa Surf Club plus local shops
- Under Instructions to be SOLD!
- Unit 1 (1 bedroom, 1 bathroom) currently rented for $275 p/w until May 2021
- Unit 2 (2 bedrooms, 1 bathroom) currently rented for $160 p/w until May 2021
- Unit 3 (2 bedrooms, 1 bathroom and private courtyard) currently rented for $360 p/w until May 2021
- Council Rates approx. $6,036 per annum
- Water Rates approx. $2,868 per annum
Offering so many financially rewarding possibilities, this property gives you the option to hold as the perfect investment or turn into your dream home in the ultimate of locations. Make no mistake, it's got to go - Make the call that could possibly change your life! Contact Luke Henderson or Matt Maguire today!
Auction Sunday 5th July, 2pm on site (if not sold prior!)
Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 20 Sunbrite Ave, Mermaid Beach, QLD 4218
- 06 Jul 2020Transferred for $575,000
- 02 Jun 2020Listed for Sale AUCTION
- 02 Apr 2019Listed for Rent - Price not available
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/e6c3xcmieai63oftiejz3iebou?signature=568d27074e0f246fb13613ca97047430210f30913461cd895f142e491130bb09){kind=logo}
0
/assets/perm/pf3ypvn6sui6nmxlle7wdzhzim?signature=af985a1f006ecf79167b28fe2a8a4a83549e59cb25650ac9e92c911ac0cbc55d){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 5,594 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.
Suburb Insights for Mermaid Beach 4218
Market Insights
Mermaid Beach Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mermaid Beach Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
