SOLD
Sold on 16 Oct 2023 for $505,000

25/2607-2609 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 873m2
Sold By
RE/MAX Broadbeach Waters
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Property Details for 25/2607-2609 Gold Coast Hwy, Mermaid Beach

25/2607-2609 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 48m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
48m2
Land Size
873m2
Local Government
Gold Coast City
Lot/Plan
25/BUP105565

Last Listing description (January 2024)

Embrace the ultimate beachside lifestyle in Mermaid Beach, Queensland, with this exquisite 1-bedroom apartment at Portobello Resort Apartments. This stunningly renovated and fully furnished unit is a true gem in this sought-after location.Step into a world of coastal elegance as you enter this bright and airy apartment. The open living room seamlessly flows into the renovated kitchen, creating a welcoming space for relaxation and entertainment. The generously sized bedroom provides ample comfort, and the full bathroom with dual access adds a touch of luxury to your daily routine. You'll also appreciate the convenience of a large separate laundry space and linen/ storage cupboard.This apartment's location is a dream come true for beach lovers and shoppers alike. Pacific Fair shopping centre and an array of restaurants are right at your doorstep, offering you endless dining and retail options. Tucked away from the hustle and bustle of the highway, this unit maintains its privacy and boasts a charming balcony area where you can unwind and soak in the serene atmosphere.Immaculately presented and fully equipped, this unit is ready for you to move in or capitalise on its rental potential, promising great returns on your investment.Mermaid Beach is not just a coastal paradise; it's a thriving community with significant infrastructure development in progress with stage 3 of the Light Rail extension. Once completed locals and visitors to the area will be able travel further south down the coastline to Burleigh Heads.Key Features:? To be sold fully furnished? Beautifully renovated and styled to perfection? Hybrid timber flooring throughout? North facing with plenty of natural light and coastal breezes? Secure underground car accommodation? Pool, spa and BBQ facilities within the complex? Small complex with a large percentage of owner occupiersLocation Highlights:? Serene and peaceful surroundings? A short 2-3 minute walk to an array of cafes, restaurants, bars, and boutique retail shops in Broadbeach? The beach is just a leisurely stroll down the road? Public transport right at your doorstep, providing easy access up and down the entire Gold Coast? Close proximity to the Star Casino, Gold Coast Convention Centre, Broadbeach and Nobbys Beach social hubsDon't miss this opportunity to experience the best of Mermaid Beach living. Contact me today to arrange a private viewing and make this beautifully renovated, fully furnished apartment your new beachside retreat.

Property History for 25/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$505,000
16 Oct 2023
Listed for Rent
14 Sep 2018
  • 16 Oct 2023
    Sold for $505,000
  • 05 Oct 2023
    Listed for Sale Offers over $500,000
  • 16 Dec 2019
    Sold for $225,000
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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.