OFF MARKET

25 Francis Street
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 152m2
Land area: 405m2
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Last updated 11 Nov 2024
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Property Details for 25 Francis St, Mermaid Beach

25 Francis St, Mermaid Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 405m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1965
Floor Size
152m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
14/RP46282

Last Listing description (May 2019)

Secure your future with the purchase of this quality positioned home, set in the premier location of Mermaid Beach, with patrolled beaches at the end of the street and easy walking distance to the best that this highly sought-after precinct has to offer.
Boasting a wide 14.5 metres of street frontage on a 405m2 land area, the property presents an exciting opportunity for its fortunate new owner to either renovate the existing brick and tile home or detonate and build their dream beachside home or duplexes (STCA)* to further capitalise on its blue-chip location. Wide street frontages like this are rare and unique, and present greater possibilities for development. Not only will it add to the street appeal of your future development, but for those looking to incorporate a basement, a wider turning circle to navigate cars in and out.
Immerse yourself in the relaxed coastal vibe and family friendly community feel with an eclectic mix of cafes, bars and world class dining options that ever popular Mermaid Beach is renowned for.

Enjoy easy walking distance to award winning local restaurants Little Truffle, Etsu, Bonita Bonita and with local favourites Glenelg Public House, Bam Bam Bakehouse and Caf on Hedges, you will never go hungry. Close to Pacific Fair Shopping Centre, an array of shops, cafes and thriving nightlife, the Light Rail station and transport routes, Star Casino and the Gold Coast Convention Centre - this location is second to none with everything right at your doorstep!
You'll also love the close proximity to public transport (including stage 3a of the light rail due for completion over the coming years), schools, parks and even the kids Nippers Program at the Mermaid Beach Surf Club, conveniently located within a short stroll from home.
Features:
- Quality address, adjoining Millionaire's Row' Hedges Avenue and the beach at the end of the street
- 405m2 block with a massive 14.5m street frontage
- Renovate and bring this beauty back to life or detonate and build your dream home or even duplexes (STCA)*
- Your architect will love the wide frontage, which will add to the street appeal of your future development!
- Existing brick and tile home
- 3 bedroom, 2 bathroom (master with ensuite)
- Walk to the beach daily
- Prime location close to the patrolled beach, Surf Club, cafes, restaurants and Pacific Fair
- Close to public transport including stage 3a of the light rail, due for completion over the coming years
Council rates: $4,500 per annum (approx.)
Water rates: $1,200 per annum (approx.)
Rental estimate: $650 - $700 per week
Don't miss this outstanding beachside opportunity! Invest wisely in your future, contact Luke Henderson and Cindy Katene today!
To view the property video, please copy and paste this link into your browser:
https://youtu.be/_I1-eBswBeU
*Subject to Council approval
Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.

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Property History for 25 Francis St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,050,000
05 Nov 2015
Listed for Rent
$430/w
10 Apr 2015
  • 21 Mar 2019
    Listed for Sale Offers over $1,250,000
  • 05 Nov 2015
    Sold for $1,050,000
  • 24 Sep 2015
    Listed for Sale Price Reduced to $1,095,000
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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 5,594 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.
There are currently 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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