SOLD
Sold on 19 Jan 2024 for $760,000

4/24 Ventura Road
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 257m2
Sold By
Professionals MERMAID BEACH
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Property Details for 4/24 Ventura Rd, Mermaid Beach

4/24 Ventura Rd, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 257m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
79m2
Land Size
257m2
Local Government
Gold Coast City
Lot/Plan
4/BUP2512

Last Listing description (March 2024)

Don't miss this one! Available for the first time since construction, this 2 Bedroom, 1 Bathroom apartment is sure to impress! Our sellers have purchased elsewhere and their instructions are clear - This apartment must be sold!

We are under strict instruction to present all offers prior to auction for the seller's consideration.

Auction Terms:

Deposit: $50,000
Settlement: 30 - 60 Days (Buyers Choice)

This property is ideally positioned with the surf and sand of Mermaid Beach at the end of the street.

Featuring a rear position overlooking the lush green grounds of Mermaid Park, this 2 bedroom unit offers solid construction and a fantastic opportunity to own your slice of beachside Mermaid!

Offering park views from almost every space of the unit including a spacious combined living, kitchen, dining area and both 2 bedrooms that also feature built in wardrobes. The sunny north east facing balcony provides city skyline views and more park views. This property also offers a rare lock up garage!

Situated in the 'Oran-Na-Mara' building, a small boutique block, this apartment is only 1 of 7 total apartments sharing a total land area of 809m2 (Double Block).

Well suited for the savvy investor or owner occupier, your inspection will not disappoint.

With world class shopping, public transport, an endless array of trendy cafes, bars and restaurants at your doorstep and the iconic beaches of the Gold Coast right at the end of your street, this has to be one of the most sought after locations on the Gold Coast.

Featuring:

An amazing position in the block - Rear position overlooking beautiful Mermaid Park
Add your personal touches and reap the rewards
Sought after beachside location - hear the waves crashing from your balcony!
Living room with ceiling fan and park views!
2 bedrooms, both with ceiling fans, built in wardrobes and park views!
Large bathroom with laundry
Tiled, open plan kitchen, living and dining
City skyline and park views from your north east facing balcony
Small walk up block of only 7 units situated on 809m2 block of land
Single lock up garage
Quality address with the beach at the end of the street
Easy stroll to Pacific Fair Shopping Centre, Bam Bam Bakehouse, Mermaid Surf Club, Rafiki, Star Casino and future light rail station.
Sought after position backing onto Mermaid Park
Very close to the Mermaid Beach dining district and Broadbeach dining district

Body corporate fees: $83 per week (approx.)
Council rates: $3,892 per annum (approx.) - This will be cheaper if you are an owner occupier!
Water rates: $1,433 per annum (approx.)
Rental: $650 - $700 Per Week

Contact Matt Maguire today for a copy of the information pack for this property.

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.

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.

Property History for 4/24 Ventura Rd, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$760,000
19 Jan 2024
  • 19 Jan 2024
    Sold for $760,000
  • 11 Jan 2024
    Listed for Sale UNDER CONTRACT
  • 27 Jan 1998
    Transferred for $120,000

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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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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.