OFF MARKET

503/272 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 241m2
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Property Details for 503/272 Hedges Ave, Mermaid Beach

503/272 Hedges Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 241m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2022
Floor Size
190m2
Land Size
241m2
Local Government
Gold Coast City
Lot/Plan
503/SP288108

Last Listing description (June 2020)

This elegant three-bedroom plus media room residence, located on the fifth floor, features 241 square metres of open plan living perfected by premium finishes and expert craftsmanship. Full height windows and a large wrap-around balcony frame the views overlooking the expansive park lands of Kurrawa Pratten Park and the adjoining Mermaid Beach coastline. Premium resident amenities include a dedicated concierge service, executive lounge, swimming pool, spa, gym, sauna and steam room, and treatment rooms.


Key Features:
* Prime beachfront location on Hedges Avenue, only moments from vibrant retail and dining precincts of Broadbeach
* Generous open plan living and dining areas
* Large outdoor entertaining area with ocean views
* Fully ducted air-conditioning
* Walk-in wardrobe and ensuite to master bedroom, featuring a bespoke Travertine vanity, freestanding bath designed specifically for 272 Hedges, and travertine flooring
* Fully integrated kitchen complete with marble bench tops and premium Smeg appliances including integrated fridge, dishwasher, speed oven, electric oven, and choice of gas or induction cooktop
* 2.65m high ceilings and floor to ceiling glazed windows to capture the natural light
* Timber flooring in kitchen, living and dining rooms, premium carpet in bedrooms and media room
* Two adjacent car parks and dedicated storage

From 272 Hedges Avenues unique vantage point, all of lifes amenities are close by:

Immediately adjacent to Kurrawa Pratten Park and the Mermaid Beach coastline

1 minute to Oracle food and retail precinct
2 minutes to Pacific Fair
2 minutes to retail and dining precincts of Broadbeach
2 minutes to Light Rail
2 minutes to The Star Gold Coast hotel and casino
15 minutes to Pacific Motorway (M1)
15 minutes to Bond University
15 minutes to Pindara Private Hospital
20 minutes to Gold Coast Hospital, Robina Campus
25 minutes to Gold Coast International Airport

Contact Cathy today to arrange a personal appointment.

Settlement is anticipated to occur mid-2022. Images are indicative only.

Property History for 503/272 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,000,619
24 Jun 2020
  • 24 Jun 2020
    Sold for $2,000,619
  • 08 Oct 2019
    Listed for Sale $1,995,000
  • 11 Feb 2019
    Listed for Sale Not Disclosed

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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 5,598 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 42 properties listed for sale, and 30 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.