OFF MARKET

218/2360 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 5922m2
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Property Details for 218/2360 Gold Coast Hwy, Mermaid Beach

218/2360 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 5922m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2002
Floor Size
77m2
Land Size
5922m2
Local Government
Gold Coast City
Lot/Plan
18/SP141084

Last Listing description (July 2017)

This excellent unit is located in the Award winning Turtle Beach Resort only 400m from the beach!
This fully furnished 2 bedroom, 2 bathroom apartment is conveniently located on the ground floor with a large outdoor patio area, great for those not wanting to walk up flights of stairs.
This unit is currently in the holiday pool but can be owner occupied or long term tenanted.

Average weekly rental return over the year in holiday pool $440-465 per week
Projected returns after $5000 worth of upgrades to make it a 'superior room' = Average $510 per week
Permanent weekly rental $390- $430
Body Corporate Approx: $113 per week
Council rates: $2450 per annum (cheaper if owner occupy)
Water: $1620 per annum
- Fully Furnished
- Air-conditioning
- In room safe
- Modern Kitchen with dishwasher
- Washing machine and dryer
The resort is packed with features including:
* Splash Zone Water park featuring 4 water slides, 2 toddler slides, dumping bucket, water cannons and more.
* Four separate swimming areas, including wading pools and adults only retreat
* Pool water slide
* Four spas, one in each pool complex
* Two saunas
* Playground
* Gated children's areas
* Club Turtle Kids Activity Club
* 15-hole putt-putt golf course
* Two arcade games rooms with coin-operated video and table games
* Floodlit tennis court
* Fitness room with the latest equipment
* 22-seat cinema with 4 show times daily
* Chelonia Day Spa
* Nine BBQ entertainment areas
* On site 'Fresh and Tasty' convenience store
* Ben and Jerry's ice cream available at 'Fresh and Tasty'.
* The Deck Restaurant & Bar open daily for meals, wood fire pizza, snacks and drinks without having to leave the resort - The Deck Menu
* Free secure undercover car parking
Call Craig Buckley now to arrange for an inspection to avoid missing out!

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Property History for 218/2360 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$357,000
02 Feb 2021
  • 02 Feb 2021
    Sold for $357,000
  • 05 Jun 2017
    Sold for $295,000
  • 31 May 2017
    Listed for Sale Not Disclosed
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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 5,608 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.
There are currently 43 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Mermaid beach.

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