OFF MARKET

31 Arthur Street
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 405m2
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Last updated 11 Nov 2024
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Property Details for 31 Arthur St, Mermaid Beach

31 Arthur St, Mermaid Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 405m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in March 1997.

Building Type
House
Year Built
1980
Floor Size
121m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
20/RP41194

Last Listing description (November 2024)

Sitting just 220m from the golden sands of Mermaid Beach, this lowset brick duplex boasts incredible opportunity for investors seeking the perfect portfolio boost. Offering the option to buy the entire package and open up a world of opportunity to live in one whilst renting the other or rent both, this enticing investor package is enhanced by a premium location in a fabulous beachside community!

Nestled in a classic brick single-level layout, there are two units to choose from with each offering move-in comfort. Both provide open-plan living and dining with central kitchens well-appointed for immediate use, whilst also offering scope to add value as desired. There are two bedrooms in each unit, as well as one well-appointed bathroom in each and an internal laundry.

Side courtyards offer private alfresco space for occupants whilst at the rear, a large communal open-air patio is at the ready. Additional features include a private entry plus single lock-up garages.

Boasting tremendous opportunity to add value, live, invest, rent, or a combination of it all, this is a dream market find!

Location wise, growth and demand are guaranteed! Sitting just a stone's throw from the famous Hedges Ave and glittering beachfront mansions, you are at the doorstep of kilometres of white sandy coastline stretching up and down the Gold Coast. Shopping and dining are close by, as are transport options and favoured entertaining landmarks.

Features Include:
- Single level brick duplex sold as complete package
- Premium invest and/or live opportunity
- Two, two bedroom residences with each offering open-plan living and dining
- Well-appointed kitchens with scope for further growth
- Both residences have two bedrooms plus well-presented bathrooms
- Private courtyards
- Large shared rear alfresco zone
- Two single lock-up garages
- Long list of opportunities with added growth potential
- Incredible location just a stone's throw from the Mermaid Beach foreshore
- Close to shopping, dining and major entertaining precincts

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Property History for 31 Arthur St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$220,000
29 Mar 1997
Listed for Rent
$330/w
20 Nov 2014
  • 13 Aug 2024
    Listed for Sale For Sale
  • 12 Nov 2014
    Listed for Rent - Price not available
  • 25 May 2012
    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 43 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Mermaid beach.

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