OFF MARKET

32 Atlantic Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 4
Car spaces: 2
Floor area: 191m2
Land area: 405m2
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Property Details for 32 Atlantic Ave, Mermaid Beach

32 Atlantic Ave, Mermaid Beach is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 405m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
191m2
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
29/RP42678

Last Listing description (May 2021)

Don't miss this fantastic opportunity to buy the next best thing to beachside either at or before auction. The history of continual huge capital growth in the Mermaid Beach area assures the fortunate buyer a very secure asset for the future in this property.

Situated on a 405m2 block, the possibilities and potential of this property are endless! Renovate and add your personal touches to the spacious existing home or as land is quickly running out you may choose to knock down and build your dream home in this highly sought after location - you can't go wrong!


Upstairs includes 3 bedrooms including the master with ensuite, spacious main living and kitchen with front and rear decks.

Plus there is some additional room for the family underneath the main house, where there is an inviting rumpus space with kitchenette and bathrooms - some might call it a great place to entertain or the perfect man cave!

After you finish swimming or walking along the patrolled beach nearby, take a refreshing dip in your private pool at the rear of the home the perfect place for enjoying the enviable Gold Coast climate.

This tightly held pocket is an amazing location for foodies as you have your pick of so many high quality restaurants such as Little Truffle, Etsu, Glenelg Public House & Bonita Bonita. For those who appreciate good coffee - All Time Coffee is located right at the end of the street and will certainly become a major role in your morning routine! The benefits of this location simply don't stop as you are also so close world class shopping at Pacific Fair, Light Rail Station, Broadbeach entertainment hub and of course the pristine sands of the patrolled beach!

- Potential, potential, potential!
- High set 3 bedroom home on prime positioned 405m2 block
- Large air conditioned living space with front and rear decks
- Massive back yard with large, fully fenced swimming pool, pergola and storage shed
- Downstairs rumpus/games area with kitchenette and 2 bathrooms
- Off street car parking for 2 vehicles
- Walking distance to cafes, restaurants and transport
- Close to transport with the extension of the light rail due
- Easy walk to both Pacific Fair shopping centre and the beach

Auction to be held Saturday 8th May, 9am on site (unless sold prior)
Auction terms: $50,000 deposit, settlement 1st July 2021

Council rates: $3,000 Per Annum (approx)
Water rates: $1,400 Per Annum (approx.)
Rental estimate: Estimated at $850 per week

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 32 Atlantic Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,055,000
08 May 2021
  • 08 May 2021
    Sold for $1,055,000
  • 15 Apr 2021
    Listed for Sale AUCTION
  • 18 Jul 2012
    Listed for Sale AUCTION ONSITE SUNDAY 1ST JULY @11AM
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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 5,597 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 40 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 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.