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Sold on 21 Oct 2024 - Price Unavailable

320/2342 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 320/2342 Gold Coast Hwy, Mermaid Beach

320/2342 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City

Last Listing description (October 2024)

Discover an incredible opportunity with this unrenovated, top-floor, fully furnished apartment, just 300m from the stunning Mermaid Beach. One of the largest two-bedroom layouts in the award-winning Turtle Beach Resort, this property is perfectly positioned overlooking the splash zone water park and near all the resort’s fantastic facilities.

Whether you’re looking to owner-occupy, secure a long-term rental, or take advantage of the booming holiday rental market, this property offers versatile options. Currently managed by the fabulous on-site managers with an extremely low occupancy rate, it’s an ideal investment with immediate earning potential.

Key Apartment Features:

- 2 bedrooms
- 2 bathrooms, including ensuite
- Spacious combined living and dining area
- Generously sized kitchen
- Front and rear balconies
- Reserved basement carpark
- Fully furnished

World Class Resort Facilities:

- 4 resort pools and spas, including an Adult Retreat
- Splash zone waterpark with slides, water cannons, and splash bucket
- Poolside restaurant and bar
- Tennis court
- 15-hole mini golf course
- 7 BBQ areas
- Kids club
- Games room
- 22-seat cinema
- Gym
- Sauna
- Gated complex with onsite security
- Basement car parking

Financial Details:

- Rates approx. $1830 per half year
- Water approx. $400 per quarter
- Body Corp approx. $133 per week

Enjoy a prime location just steps from the beach, local shops, cafes, and dining. You’re also a short trip away from Pacific Fair, Star Casino, The Convention Centre, and the vibrant hubs of Broadbeach and Nobby's Beach.

With the upcoming Stage 3 Light Rail project bringing a stop directly in front of Turtle Beach Resort and the recent opening of a new Woolworths shopping complex just 200m away, the area’s infrastructure promises future growth and capital gains. Make this property a top priority to inspect and secure your slice of Gold Coast paradise!

Disclaimer: We have used our best endeavours to ensure the accuracy of this information but accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers and tenants should make their own enquiries to verify the information contained herein.

Property History for 320/2342 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
21 Oct 2024
  • 21 Oct 2024
    Sold
  • 27 Aug 2024
    Listed for Sale Expression of Interest

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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 5,609 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 30 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.

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.