OFF MARKET

41/2607-2609 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 62m2
Land area: 873m2
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Property Details for 41/2607-2609 Gold Coast Hwy, Mermaid Beach

41/2607-2609 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 873m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1997
Floor Size
62m2
Land Size
873m2
Local Government
Gold Coast City
Lot/Plan
41/BUP105565

Last Listing description (September 2024)

Brilliant Investment Opportunity.
This sort after beachside Broadbeach/Mermaid Beach Gold Coast Accommodation is in a secure gated complex and directly opposite Pacific Fair Shopping Centre, where you can leave the car at home and walk everywhere or simply use the public transport. Fantastic opportunity to buy into this unique 6 star location.

On offer is this spacious 2 bedroom, 2 story furnished apartment with two private balconies and undercover private outdoor spa on the upstairs balcony.

This unit is in original condition and ready for the next owner to add their own touch. The facilities include a sparkling pool and heated spa, BBQ entertainment area, secure underground car space and more.

"Portobello Resort Apartments" is a classically designed Mediterranean complex only 4 stories high (including basement), located directly opposite Pacific Fair Shopping Centre, Star Casino, the Convention Centre and less than 10 minutes walk to the heart of Broadbeach. Leave your car at home as it is a short stroll to the gold coast's beautiful Mermaid & Broadbeach surf beaches, local shops, restaurants, local clubs and cafes.

Features:
- Northerly aspect
- Two story unit
- Huge entertainment area with outside spa
- Light & Airy
- Fully self contained apartment
- Unit is in original condition
- Air conditioning

This unit is currently rented for $520 per week until 25th February 2023. With the announcement that stage 3 of the $650 million dollar Light Rail extension from Broadbeach to Burleigh will begin shortly this infrastructure will soon be right on the doorstep of "Portobello".

With this extremely sort after location, amenities and facilities offered, you need to inspect this one! Sellers are looking to consider offers now.

Act quickly as properties in this very sort after location do not last long. All enquiries welcome, please call Dorelle to organise an inspection time.
Please note that furnishings in the photo's may differ to actual furnishings in the unit and or included in the unit with the sale.(Listing ID: 21100851 )

Property History for 41/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$505,000
22 Jan 2023
Listed for Rent
$465/w
29 Dec 2020
  • 07 Jun 2023
    Listed for Sale Not Disclosed
  • 22 Jan 2023
    Sold for $505,000
  • 20 Sep 2022
    Listed for Sale Offers over $600k
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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.