SOLD
Sold on 29 Jul 2024 - Price Unavailable

7/2589 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 7/2589 Gold Coast Hwy, Mermaid Beach

7/2589 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment

Last Listing description (July 2024)

Welcome to Joslyn Court, a rare opportunity to own a freshly renovated two-bedroom unit and become 1 of 9 privileged owners of this expansive 888m2 double block! Located within the high-density zoned area of Mermaid Beach, this property offers not only immediate residential appeal but it also has the potential for substantial future gains through anticipated developer buyouts. Whether you are in need of your first home or you are chasing that savvy investment, you will need to be quick as this property is sure to be in hot demand!

Property Features:
• Located in a coveted block of only 9 owners on 888m2 of high-density zoned Mermaid Beach land

• Walking distance to the beach, Pacific Fair, Star Casino, Pratten Park and Broadbeach State School
• Stroll to popular restaurants, cafes and bars in Mermaid Beach and Broadbeach
• Enjoy stunning north-facing, top-level skyline views of Broadbeach
• Chef's kitchen equipped with modern appliances and an abundance of pantry space
• Vinyl timber flooring for a modern and stylish look
• Two spacious bedrooms each with built-in wardrobes, air conditioning, and ceiling fans
• Luxe bathroom featuring a walk-in shower, sleek basin and stone bench top
• Freshly painted for the new owner
• One reserved undercover car park
• Communal laundry facility on site
• Low body corporate fees of only $39 per week
• Convenient transportation options with a bus stop directly out front and only a short walk to the nearest tram station (eventually connecting you to the Gold Coast airport)

This is an astute investment as well as an exciting place to live! Don't miss your chance to get into the highly sought after suburb of Mermaid Beach. Contact Geoff Cusack today for an inspection and make this hidden gem your own.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 7/2589 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
29 Jul 2024
Listed for Rent
$700/w
03 Sep 2024
  • 04 Feb 2025
    Listed for Rent $700 / week
  • 02 Aug 2024
    Listed for Rent $700 / week
  • 13 Jul 2024
    Sold for $720,000
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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 5,723 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 79.42% increase in median value, while Units have seen a 105.25% increase. As at 28 February 2025:

  • The median value for Houses in Mermaid Beach is $2,602,622 while the median value for Units is $996,470.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 54 properties listed for sale, and 32 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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Contact agent
Geoff Cusack
Show contact details
Ray White Burleigh Group
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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 liability for any loss or damage arising in connection with the data and information contained in this publication.