OFF MARKET

338/2342RES Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 84m2
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Property Details for 338/2342res Gold Coast Hwy, Mermaid Beach

338/2342res Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 84m2.

Building Type
Unit
Year Built
2001
Land Size
84m2
Local Government
Gold Coast City

Last Listing description (October 2024)

Resort style living in this spacious 1 bedroom apartment. Situated in the highly sought after Turtle Beach Resort, this 1 Bedroom apartment is only 300m from the beautiful golden beaches. Positioned on the top floor, this east facing unit is filled with natural light while providing privacy. The property offers various options for the owner whether you want to owner occupy, long term rent or have a steady income from a holiday rental where you can enjoy your holidays on the beautiful Gold Coast.

Features include:
* Larger floor plan with an oversized dining/living

* Spacious balocny
* 2 way bathroom and separate toilet
* Separate laundry
* Plenty of storage
* Aircon and ceiling fans
* Fully furnished
* Reserved basement carpark

Facilities include:
* 4 Resort pools and spas including a separate 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
* Basement car parking
* Gated complex with onsite security
* Rates approx. $1200 6 months
* Water approx. $400 3 months
* Body Corp approx. $134 per week approx

Walk to the beach, local shops, cafes and dining and only a short trip to Pacific Fair shopping destination, Star Casino and entertainment complex, The Convention Centre, Broadbeach and Nobby Beach social hubs.

Mermaid Beach is a highly sought after beachside destination with significant infrastructure being added in the coming years. Stage 3 of the Light rail will path past Turtle Beach Resort with a stop directly out the front connecting you with Gold Coast theme parks all the way to the Gold Coast Airport. A brand new Woolworths shopping centre has just opened within 200m of the complex. This includes Woolworths metro, chemist and other specialty shops. This added infrastructure is guaranteed to add future capital revenue so ensure you make this a high priority to inspect.

Call today to organise an inspection and find out more details.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 338/2342res Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
  • 18 Oct 2024
    Listed for Sale Offers above $499k
  • 15 Apr 2024
    Listed for Sale Offers above $499k
  • 03 Jan 2018
    Listed for Sale $210,000
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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 5,723 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 54 properties listed for sale, and 32 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 269 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 liability for any loss or damage arising in connection with the data and information contained in this publication.