SOLD
Sold on 09 Nov 2023 for $700,000

7/2254 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 84m2
Land area: 95m2
Sold By
Professionals MERMAID BEACH
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Property Details for 7/2254 Gold Coast Hwy, Mermaid Beach

7/2254 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 95m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
84m2
Land Size
95m2
Local Government
Gold Coast City
Lot/Plan
7/SP235359

Last Listing description (December 2023)

Our sellers have purchased elsewhere and we are under strict instructions - This property must be Sold!

Introducing an exclusive opportunity in the highly sought after Nobbys Beach property market!

Recently renovated, this 2 bedroom, 2 bathroom, 2 car space apartment ticks all the boxes for buyers looking to enter the market with convenience and lifestyle in mind, or perfect for the savvy investor who is aware that locations close to everything are a smart addition to any property portfolio.

Act quickly as opportunities like this don't last long!

Walk straight in and enjoy the highly sought after Mermaid Beach Lifestyle! This light, bright and beachy apartment offers the convenience of everything being at your doorstep!

Situated within 'Mermaid Shore', a boutique block of 15 with a lift and sparkling in-ground pool, This entry level opportunity offers everything that you could of wanted in a two bedroom apartment! Featuring open plan living, recently renovated kitchen, 2 great sized bedrooms (master with ensuite of course!) and a sunny north facing balcony. This is surely an opportunity NOT to be missed!

With position in mind, you are just a short stroll away from sinking your toes into the sand and enjoying the pristine beaches that Mermaid Beach and Miami is renowned for and indulging your taste buds in the incredible variety of quality restaurants and dining options in the vibrant Nobby's Beach lifestyle district!

Featuring:

Renovated Kitchen
2 great sized bedrooms
2 bathrooms (master with ensuite + walk in robe!)
Air Conditioning
Private North Facing Balcony
Separate Laundry
Rare double car space
1st Floor Apartment
Small block of 15 Apartments
In-ground Pool
Pet Friendly (Subject to BC approval)
Highly desirable location, just a short stroll to Nobby's!

Convenience is key, so don't miss this incredible opportunity to own your own slice of paradise in one of the Gold Coast's most desirable locations. Embrace the beach lifestyle you've always dreamed of.

Council Rates: $1,836 per annum (approx.)
Water Rates: $1,375 per annum (approx.)
Body Corporate: $97 Per Week

Contact Sales Agent Matt Maguire 0437 002 952 to learn more and secure your place in the thriving Gold Coast property market.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 7/2254 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$700,000
09 Nov 2023
Listed for Rent
$440/w
08 May 2020
  • 09 Nov 2023
    Sold for $700,000
  • 26 Oct 2023
    Listed for Sale Offers Over $720,000
  • 14 Mar 2021
    Sold for $500,000
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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.