OFF MARKET

45/2607-2609 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 873m2
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Property Details for 45/2607-2609 Gold Coast Hwy, Mermaid Beach

45/2607-2609 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 873m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1997
Floor Size
50m2
Land Size
873m2
Local Government
Gold Coast City
Lot/Plan
45/BUP105565

Last Listing description (June 2023)

Never miss a beat living in this amazing top floor apartment with the light rail, Pacific Fair and the sand and surf at Mermaid Beach only a few minutes stroll away, as well as Broadbeach's cosmopolitan cuisine and social scene just a short lazy wander up the road. Wonderfully bright and spacious, comfortably modern and extending to a large covered balcony, it is hushed at the rear of the exclusive 'Portofino' secure building with a sparkling pool and barbecue facilities on-site.

Property features:
Incredible lifestyle pad for first home buyers or prime investment opportunity

Light-filled living and dining space equipped with air conditioning
Easy flow to sizable covered balcony with district outlooks
Tidy open plan kitchen, modern bathroom, and internal laundry
Spacious bedroom furnished with a mirrored built-in wardrobe
Immaculate and tightly held building set amid tropical gardens
Sunny terrace with pool and spa, plus bathroom and shower
Covered barbecue area plus outdoor table with seating
Currently leased for $450 per week, on-site building manager
200m to light rail, 280m to Pacific Fair, 440m to Mermaid Beach
Short stroll to Star Casino plus Broadbeach shops and eateries
Secure car space plus visitor parking
Body corporate costs approx. $103.00 per week
Council rates costs approx. $1,121.00 per half yearly
Water rates costs approx. $320.00 per quarter
Sinking fund balance approx. $246,000.00

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.

Disclaimer: 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.

Property History for 45/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$384,500
03 May 2023
Listed for Rent
$345/w
09 Oct 2020
  • 03 May 2023
    Sold for $384,500
  • 19 Apr 2023
    Listed for Sale Auction
  • 09 Oct 2020
    Listed for Rent $345 / week
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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.