SOLD
Sold on 04 May 2024 for $880,000

3/28 Dudley Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 95m2
Land area: 283m2
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Property Details for 3/28 Dudley St, Mermaid Beach

3/28 Dudley St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit and was built in 1975. The property has a land size of 283m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
95m2
Land Size
283m2
Local Government
Gold Coast City
Lot/Plan
3/BUP3770

Last Listing description (June 2024)

Enviably positioned in the heart of Mermaid Beach, steps from 'Millionaires Row' and seconds from the Golden Sands of this world-renowned beach, your new home is primed for growth. If you are looking to secure a prime investment, this property is for you! With just 8 apartments occupying this large North facing site, this boutique block is quiet, peaceful and perfectly situated.

Security entry and first floor position makes this unit most desirable. Tastefully renovated to a very high standard, this two-bedroom apartment is comfortable, stylish, spacious and so very inviting. Having two bathrooms is a big bonus and adds to the appeal. Your large living area faces East, capturing the radiant morning rays of sunshine and refreshing oceans breezes. You will spend many a morning on your private balcony, overlooking the private saltwater pool. Not to mention your gourmet kitchen will make dining in a treat!

Within a stone's throw to endless cafes, restaurants and Pacific Fair Shopping Centre, the lifestyle on offer is second to none. Currently leased at about $1,000 per week, with quality tenants, low body corporate fees and little to no maintenance; this apartment makes investment life easy!

Unbeatable lifestyle, certain capital growth and development prospects... Are you the new owner of this jewel in the crown that is Mermaid Beach?

To Learn More Visit: http://3-28dudley.com

DISCLAIMER: We have used our best endeavours in preparing this information to ensure that the information contained herein is true and accurate, however no warranty is given by the vendor or the agent as to its accuracy. M-Motion accepts no responsibility and disclaims all liability in respect of any errors, omissions, inaccuracy, or misstatements that may occur. It is recommended that prospective purchasers or interested parties not rely on these particulars as representations of fact but should instead satisfy themselves by inspection or otherwise and should make their own enquiries to verify the information contained herein.
If this property is being sold by auction, please note: As per Queensland real estate legislation and in accordance with REIQ guidelines & price guide cannot be provided. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by M-Motion as a price guide and should not be taken as a price guide.

Property History for 3/28 Dudley St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$880,000
04 May 2024
Listed for Rent
$430/w
23 Oct 2018
  • 04 May 2024
    Sold for $880,000
  • 18 Apr 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2024
    Listed for Rent $900 / week
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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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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.