OFF MARKET

56/10-16 Alexandra Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
Land area: 3337m2
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Property Details for 56/10-16 Alexandra Ave, Mermaid Beach

56/10-16 Alexandra Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 3337m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1993
Floor Size
114m2
Land Size
3337m2
Local Government
Gold Coast City
Lot/Plan
55/BUP13373

Last Listing description (December 2015)

Relax on the large ground floor terrace here and appreciate the exceptional Gold Coast lifestyle all year round.
This property is situated in the extremely popular residential destination,' Diamond BeachnThis apartment's position is one of the most sought after in the whole building, presently getting a consistent rent averaged at $430 per week nett of all management fees.
Spacious design, east facing sun-filled apartment features a full furniture package, 2 bedrooms, 2 bathrooms, walk through robes, intercom, modern kitchen with dishwasher and east facing balcony. The view is overlooking the expansive Queensland tropical gardens of the resort and the park facing the beach.

* 2 bedrooms
* 2 bathrooms
* Large 114m2
* ground floor
* Fully furnished
* Fully renovated and refurbished
* Great sunny east aspect apartment, plenty of natural light
* only 100m to the beach
Currently in holiday let accommodation and offering great returns as Diamond Beach prides itself on their high occupancy rate throughout the year.
You have the choice buy as a investment or buy to live in it.
Recreation Facilities Include;
* 2 Massive lagoon pools with bridges and rock enclaves
* Many BBQ areas
* Children's playground
* Kids water park
* 2 Heated spas, one an enclosed rock spa
* Games room
* Numerous grassed sun bathing areas
* Tropical landscaped gardens
* Professional On site management
* Undercover security gated car parking
Walking distance to local cafes, restaurants and shopping precincts. There is plenty to keep the occupier entertained with pristine beaches only 100m away, Conrad Jupiter's Casino, Gold Coast Convention Centre, Pacific Fair shopping centre now under going a $680 million upgrade and the Oasis Shopping Centre just a short stroll away.

Property History for 56/10-16 Alexandra Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$390,000
07 Sep 2015
  • 07 Sep 2015
    Sold for $390,000
  • 25 Mar 2015
    Listed for Sale $425,000
  • 06 Nov 2003
    Sold for $350,000
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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 5,624 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.