OFF MARKET

34/16 Crescent Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 66m2
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Last updated 11 Nov 2024
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Property Details for 34/16 Crescent Ave, Mermaid Beach

34/16 Crescent Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 66m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1992
Floor Size
88m2
Land Size
66m2
Local Government
Gold Coast City
Lot/Plan
34/BUP12252

Last Listing description (October 2019)

This is a GREAT OPPORTUNITY to get into prestigious Mermaid Beach for an ENTRY LEVEL PRICE. FULLY RENOVATED and just a short stroll to the beach, this beautiful double story town-home in Diamond Cove is ideally located with fabulous facilities. It is the perfect investment that is currently rented to immaculate tenants it's an ideal investment that will only grow with development ongoing in the Mermaid region. Perfect for the first home buyer or owner occupier as it is just minutes from cafes, restaurants, new Star Casino and entertainment this address offers lifestyle and a comfortable one at that.
Call us today to inspect.
FEATURES

- Pool, Spa, BBQ Area
- Reverse cycle A/C to lower level + fans throughout
- 2 Generous bedrooms with built-in-robes
- 1.5 Bathrooms (ensuite plus guest powder room on lower level)
- Upstairs balcony off the master bedroom - Separate laundry
- Contemporary 2-pac and stainless steel kitchen with dishwasher
- Near new carpet
- Open plan kitchen/ living area downstairs with a deck and sliding doors to let in the ocean breeze
- Single lock up garage, visitors parking nearby and plenty of street parking available
- Well maintained tropical gardens
- Secure gated resort complex
- RENT $450pw
- WATER approx $1600 pa
- RATES approx $1720 pa

LOCATION HIGHLIGHTS
-580m (6min walk) to Mermaid Beach
-11 min walk to Pacific Fair and Broadbeach South Tram Station (for easy access to Broadbeach, Surfers, Southport and Helensvale)
Mermaid Beach is close to everything the coast has to offer whilst maintaining a cool urban vibe. We welcome your inspection anytime by appointment.

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Property History for 34/16 Crescent Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$355,000
17 Jul 2019
Listed for Rent
17 May 2018
  • 17 Jul 2019
    Sold for $355,000
  • 10 Jan 2019
    Listed for Sale Make an offer - MUST SELL NOW
  • 10 May 2018
    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 5,594 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 39 properties listed for sale, and 33 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.

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