64/10-16 Alexandra AvenueMermaid Beach QLD 4218
Property Details for 64/10-16 Alexandra Ave, Mermaid Beach
64/10-16 Alexandra Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 839m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (December 2022)
Whether you're looking for an excellent income generating investment or a scenic sanctuary for the owner-occupier which will financially reward or a little cosmetic rejuvenation, this is possibly the perfect find.
Although the kitchen and bathroom are in original condition, new lighting and fans have recently been installed and with a new cooktop, oven and microwave as well, this home is ready right now for the investor to attract Christmas holiday leasing or for the nester to settle in immediately. With fun and facilities either right on the doorstep or in close proximity, Diamond Beach Resort complex is located in the heart of the Gold Coast's entertainment precinct and just 100 metres from our pristine beaches.
On site managers maintain gold star facilities, including 2 cascading lagoon style pools, a separate children's pool, two heated spas, an outstanding large under-cover BBQ area plus children's activity playground and a games room, all set amongst delightful rambling tropical gardens. The light rail is right on the doorstep and there's endless shopping and entertainment close by at The Star complex and the amazing Pacific Fair Shopping Centre plus cinemas and numerous trendy cafes and elite restaurants, all in convenient proximity. The Broadbeach State School is also literally just across the road.
Accessed via security gates, this unit is located on the upper level. Entry is directly into air-conditioned open plan dining, lounge and kitchen with breakfast bar and patterned floor tiling coordinating with the distinctive blue kitchen cabinetry. In the lounge a window wall slides out to the spacious east facing balcony overlooking tropically styled colourful gardens. Practical and attractive faux timber floors move through the hallway to the laundry, discretely hidden behind sliding doors, and into the bathroom. Spacious and sunlit, the master bedroom features a fan, walk-through wardrobe and ensuite with bath and overhead shower. A window wall with sliding doors invites gentle breezes and spills out to a balcony, also accessed by the second large bedroom with mirrored built-in robe and fan.
Excellently located, this unit also comes with its own secure extra-wide underground car park with space for a storage locker if desired. The complex has a healthy sinking fund and the body corporate is an attractive $95 per week. Whether you're looking for lucrative returns from an appreciating asset or a happy home in a secure central location with holiday facilities, inspection of this unit is confidently encouraged.
POINTS:
- Great home or income investment offered fully furnished
- Original kitchen & bathrooms. Rejuvenation potential
- Upper level unit. Entry into air-conditioned open plan living
- Attractive faux timber flooring throughout. High ceilings
- Sun-lit open plan dining & living area. Air-conditioning & fan
- Lounge room window wall opening to easterly large balcony
- Kitchen with breakfast bar & numerous new appliances
- Master bedroom with fan plus walk-through robe & ensuite
- Large light-filled 2nd bedroom with fan & rear balcony access
- Laundry behind sliding doors adjoining a 2 way bathroom
- Linen press. Floor safe. Oversized secure single carpark
- Healthy sinking fund & attractive low $95pw body corporate.
- Secure gated entry complex with on-site managers
- Delightful rambling tropically inspired gardens throughout
- Cascading pools plus 2 heated spas. Separate children's pool
- Games room. Outstanding huge undercover barbeque area
- Light rail at the doorstep. 100 metres to pristine beaches
- Close to Pacific Fair Shopping, The Star, cafes & restaurants
- Across the road from reputable Broadbeach State School
Property History for 64/10-16 Alexandra Ave, Mermaid Beach, QLD 4218
- 19 Nov 2022Sold for $661,500
- 25 Oct 2022Listed for Sale $679,000
- 20 Apr 2000Sold for $195,000
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0About 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 5,595 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.
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