SOLD
Sold on 12 Oct 2023 for $705,000

3/44 Ocean Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 65m2
Land area: 319m2
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Sold By
Cameron Forgac
MAK REALTY - GOLD COAST
James Mokdsi
MAK REALTY - GOLD COAST
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Property Details for 3/44 Ocean St, Mermaid Beach

3/44 Ocean St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 319m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
65m2
Land Size
319m2
Local Government
Gold Coast City
Lot/Plan
3/BUP10306

Last Listing description (November 2023)

Introducing an exceptional opportunity to call home a radiant and functional apartment at the heart of Mermaid Beach. Boasting contemporary aesthetics with a clean, neutral palette, this apartment welcomes a flood of natural light, creating an inviting atmosphere. Nestled just a stone's throw away from the shoreline and enveloped by popular cafes, fine-dining establishments and clothing boutiques along with a new grocery shopping precinct at its doorstep, Mermaid Metro. This dwelling is a haven for first-home buyers, investors, and those looking to downsize - all yearning for the quintessential coastal existence.

Positioned on Level 1, this private and secure 2-bedroom apartment offers an East facing position, ceiling fans, open living area, outdoor terrace and a central bathroom with master bedroom access, along with generous garage space.

This apartment ensures both comfort and practicality. Walking distance to the attractions of Mermaid Beach - Mermaid Beach Surf Lifesaving Club, Bam Bam Cafe, Star Casino, Pacific Fair Shopping Centre, a range of personal training facilities and Gyms and the Gold Coast light rail. Walking distance to local award-winning restaurants such as Estu, The Glenelg or Poke Poke.

Families will appreciate the close proximity to Broadbeach State School, while all will enjoy easy access to one of the best fine-dining precincts on the Gold Coast, The Oracle Boulevard. Enjoy and venture for an afternoon roof top drink at Nobbys Beach, just minutes away.

Seize this golden opportunity to reside footsteps from the beach, complete with the offering of simplified living. Leave the car at home on the weekend and immerse yourself in the pinnacle of Mermaid Beach living. Put your feet in sand every day. Whether you're enticed by nearby major shopping, cafes and restaurants or the serenity of the ocean, this apartment offers an idyllic equilibrium for a convenient and amazingwayoflife.

- 1 of only 8 apartments in the block.
- Body corporate fees: Approximately $38 per week.
- Water costs: Approximately $951 per year, plus usage.
- Council rates: Approximately $2,606 per year.

Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 3/44 Ocean St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$705,000
12 Oct 2023
Listed for Rent
$250/w
09 Aug 2005
  • 12 Oct 2023
    Sold for $705,000
  • 24 Aug 2023
    Listed for Sale UNDER CONTRACT
  • 26 Jul 2013
    Sold for $319,000
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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 5,630 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 29 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.

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