OFF MARKET

5/79 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 314m2
Land area: 728m2
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Property Details for 5/79 Albatross Ave, Mermaid Beach

5/79 Albatross Ave, Mermaid Beach is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 1990. The property has a land size of 728m2 and floor size of 314m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Townhouse
Year Built
1990
Floor Size
314m2
Land Size
728m2
Local Government
Gold Coast City
Lot/Plan
5/BUP10077

Last Listing description (September 2022)

Absolute North/East Facing Beachfront Penthouse with Rooftop Terrace

An absolute beachfront boutique building on a prized street sets the stage for an enticing Mermaid Beach lifestyle where surf, coffee and sunshine are a daily ritual.

One of only five residences, this modern three-level penthouse boasts a coveted north-east aspect and a sun-drenched rooftop terrace with views from Tweeds Head to Surfers Paradise.

A generous 387m2 floor plan delivers open plan ground level living where dining flows to a private beachfront balcony with uninterrupted ocean views. Wake to the sound of breaking waves in a private master retreat and greet the sunrise from your own balcony.

Entertaining shifts up a level come spring and summer when open-air drinks are best served beside the private plunge pool and overlooking an endless sea of blue. Step straight onto the sand for beach walks or wander to local favourites for brunch or drinks and dinner.

The Highlights:

- Premium three-level 314m2 penthouse with private beach access
- One of only five beachside boutique apartments on a 1619m2 parcel
- Large rooftop terrace with north-east aspect and saltwater plunge pool
- Spacious open plan kitchen, dining and living areas with built-in Jamo speakers
- Floor-to-ceiling sliding doors with spacious balcony and expansive ocean views
- Study nook doubles as a playroom or sunroom just off the kitchen
- Modern kitchen with 4.7m stone top island bench with seating and built-in storage, integrated Fisher & Paykel dishwasher, Smeg oven, rangehood and integrated microwave, four-hob electric cooktop, Franke double sink with InSinkErator
- Rooftop kitchen with Westinghouse fridge and dishwasher, Abey sink, built-in cabinetry and separate powder room ideal for rooftop entertaining
- Masters suite with private balcony, full-height windows, sheers with blockout curtains and ensuite with corner spa bath, double sink and separate shower
- Three additional bedrooms with built-in robes, carpet, plantation shutters; fourth bedroom roller blinds and balcony
- Two bathrooms feature floor-to-ceiling tiles and wall-mounted vanities
- Laundry, ducted air-conditioning throughout, security system
- Basement parking for two cars with additional storage
- Flat grassed garden with outdoor shower by the beach

Mermaid Beach is the Gold Coast's most prestigious beachside suburb. Favoured for its pristine patrolled surfing beaches, proximity to surf clubs and popular cafes such as Rafiki, Bam Bam Bakehouse and BSKT within walking distance. The Gold Coast Light Rail, Pacific Fair Shopping Centre and The Star Casino are all less than 10 minutes away. The central location also offers access to a choice of leading schools.

Three-level, four-bedroom beachfront apartments are rare in this prestigious precinct inspect with Michael Kollosche on 04111 888 15.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 5/79 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,150,000
29 Sep 2022
Listed for Rent
$1.40k/w
14 Aug 2014
  • 29 Sep 2022
    Sold for $5,150,000
  • 18 Jul 2022
    Listed for Sale Offers Over $5,500,000
  • 12 Jul 2020
    Sold for $2,750,000
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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 5,610 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 41 properties listed for sale, and 29 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 259 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.