OFF MARKET

28/2 Gaven Crescent
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 122m2
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Property Details for 28/2 Gaven Cres, Mermaid Beach

28/2 Gaven Cres, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 122m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2008
Floor Size
89m2
Land Size
122m2
Local Government
Gold Coast City
Lot/Plan
28/SP208782

Last Listing description (September 2021)

*** Please Note, Property is tenanted until March 2022, Contact Agent for possible options ***

Unit 28 in 'The Zone' provides a stylish lifestyle or a strong investment property to add to your portfolio in the renowned prestigious beach location of Mermaid Beach. Imagine waking up and going for a surf at sunrise, a beach-walk with your loved ones at sunset, shopping at one of the best shopping centers in Australia 'Pacific Fair', refreshments at your local caf or restaurants... This spacious contemporary residence offers all of that within a moment's walk from your home and so much more!

From the moment you step inside Unit 28, you'll be amazed with how nice the floorplan of the unit flows. One of the great features of this apartment is you own two massive balconies, one on each end of the apartment to catch the morning sunrises or afternoon sunsets. Every main room in the apartment has direct breeze flow access to the entertaining balconies & both are under-cover. The kitchen is simply amazing with a full sized island bench with breakfast dining bar, plenty of cupboard space and room for a double door fridge.

The Apartment:
- Master bedroom + ensuite + access onto the main balcony
- Second bedroom with windows to the south and west
- Both bedrooms have ceiling fans & built-in wardrobes
- Separate bathroom + separate concealed laundry
- Split system inverter air-conditioner in the lounge room
- Linen press + extra storage; Underground secure carparking
- Beautiful kitchen with 2pak cabinetry, stainless steel appliances, dishwasher & pantry

'The Zone' - Mermaid Beach Facilities:
- 25m Swimming Pool
- Undercover BBQ area
- Full-size tennis court
- Pet-friendly (subject to BC approval)
- Boutique complex with secure entry and intercom
- CCTV camera security to complex

The Location:
- Short walk to our world-famous surf beach
- Short walk to the renovated 'Pacific Fair Shopping Center'
- Short walk to the tram and bus stations
- Nearby restaurants and cafes
- Located in one of Gold Coasts & Australia's most desirable beach suburbs

The close proximity to the surrounding major amenities is second to none, as you are only a few minutes drive from the likes of The Star Casino, The Convention Centre, Surf Parade - Broadbeach and only a short walk to the beach!!

For the investors, the tenants have cared for the unit as if their own.
Current rental return: $575 per week/ $29,900 p.a
Lease Expiration: 05/03/2022 (Contact Agent to discuss options)
Low body corp fees - Approx. $81 per week
Council Rates: Appprox. $2,036 p.a
Water Rates: Approx. $1,652 p.a

For the future owner occupier, you've got to do yourself a favour and inspect this unit!!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 28/2 Gaven Cres, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$670,000
17 Aug 2021
Listed for Rent
$470/w
24 Apr 2020
  • 17 Aug 2021
    Sold for $670,000
  • 12 Aug 2021
    Listed for Sale Under Offer
  • 09 Apr 2020
    Listed for Rent - Price not available
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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 5,607 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 29 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 266 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.