OFF MARKET

5/2589 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 253m2
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Last updated 18 Nov 2024
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Property Details for 5/2589 Gold Coast Hwy, Mermaid Beach

5/2589 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 253m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1976
Floor Size
61m2
Land Size
253m2
Local Government
Gold Coast City
Lot/Plan
5/BUP2228

Last Listing description (September 2024)

Welcome to 5/2589 Gold Coast Highway, Mermaid Beach. Enjoy the full range of benefits of an endless summer lifestyle in this extremely sought-after pocket on the border of Broadbeach and Mermaid Beach.

this well-maintained apartment is tucked just metres away from the beach and Little Mermaid Café while being just minutes walk to Pacific Fair, Broadbeach CBD and The Star Casino. Oozing with potential, this lifestyle pad is perfect for those seeking convenience in a beachside setting.

PROPERTY SPECIFICATIONS:

- 1 of just 9 apartments in a highly sought-after beachside location
- Spacious open plan living and dining with a bright north-facing aspect
- Galley style kitchen with functional appliances
- Huge master bedroom with built-in wardrobe
- Second generously sized bedroom with built-in wardrobe
- Well sized bathroom with bath/shower and separate toilet
- Shared laundry downstairs
- Unfurnished

Ideally positioned between the main social hubs of Broadbeach and Mermaid Beach, this iconic location places you within direct walking distance to multiple award-winning restaurants, Pacific Fair, The Star Casino, The Gold Coast Convention Centre and of course the golden sands of our world-famous beaches. Promising an unbeatable lifestyle with all the conveniences the Gold Coast has to offer, dont miss your opportunity to secure your own slice of this exclusive location.
BOOKING AN INSPECTION

Don't miss out on this beautiful property, book an inspection by getting in touch with us today.

By registering your details, you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment
Please note that registering your details for each inspection is compulsory as inspection times may change without notice if you are not registered for the viewing.

If you have any further enquires please contact the office on 1300 980 588.
DISCLAIMER

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. No guarantees or warranties are provided regarding its current state or future potential. Interested parties should seek professional advice to understand the implications of purchasing this property.

Property History for 5/2589 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$550,000
11 Sep 2022
Listed for Rent
$565/w
24 Sep 2024
  • 12 Sep 2024
    Listed for Rent $565 / week
  • 22 Nov 2022
    Listed for Rent $550 / week
  • 11 Sep 2022
    Sold for $550,000
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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 5,594 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.

Suburb Insights for Mermaid Beach 4218

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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.