37/2342-2358 Gold Coast HighwayMermaid Beach QLD 4218
Property Details for 37/2342-2358 Gold Coast Hwy, Mermaid Beach
37/2342-2358 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 5898m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (February 2024)
An opportunity not to be missed, owners are committed to selling and have given clear instructions that all offers must be presented.
Situated in the highly sought after Turtle Beach Resort, this 2 Bedroom apartment is only 300m from the beautiful golden beaches. Positioned on the ground floor, this generous size apartment offers 2 outdoor terraces with a rare oversized fully fenced terrace at the rear. 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.
Ground floor apartments are few and far between as they are in high demand. The pool side location is another huge benefit. The property currently has long term tenants in place of 9 yrs. A little TLC is all this property needs to meet its full potential, a fresh coat of paint and new carpet in the bedrooms will completely transform the look of the apartment and maximise rental returns.
* Property has been virtually staged
Features include:
* 2 bedrooms
* 2 bathrooms including ensuite
* Combined dining/living
* Generous size kitchen
* Front and rear terrace
* Highly sought after ground floor
* Reserved basement carpark
* Property has been virtually staged
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. $880 year
* Water approx. $400
* Body Corp approx. $124 per week
* Current rental $450pw until March
* Rental estimate $550-$580
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 state of the art shopping precinct is also under construction within 200m of the complex. This will include Woolworths metro, 20 specialty shops and a medical precinct. This added infrastructure is guaranteed to add future capital revenue so ensure you make this a high priority to inspect.
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 37/2342-2358 Gold Coast Hwy, Mermaid Beach, QLD 4218
- 12 Dec 2022Listed for Sale Sold
- 30 Aug 2022Sold for $512,000
- 19 May 2022Listed for Sale Under Contract
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0About 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 5,601 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.
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