OFF MARKET

7/28 Dudley Street
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 283m2
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Property Details for 7/28 Dudley St, Mermaid Beach

7/28 Dudley St, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 283m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1980
Floor Size
124m2
Land Size
283m2
Local Government
Gold Coast City
Lot/Plan
7/BUP3770

Last Listing description (December 2022)

If you are looking for a set-and-forget investment or a future plan to live the Gold Coast lifestyle, don't miss out on this beautiful apartment. This magnificent fully renovated apartment is as stunning as you get. Offering an excellent rental return with tenant in place for 12 months, in a position near the beach with the alfresco dining precinct of Nobby Beach just down the road.

From the modern fixtures and fittings throughout to the endless return possibilities with 3 bedrooms and 3 bathrooms, this apartment has so much to offer. This is the perfect property for those seeking an outstanding investment return or low-maintenance living.

This property ticks all the boxes for an astute investment;

Location of the property - 200m from popular Gold Coast Beach
Type of property - low-maintenance apartment in a boutique building of only 8 units
Condition of the property - completely renovated
Supply and demand in the market - very high demand with only 1 other 3 bed, 2+ bath available in the suburb at time of listing

Features:

- Tenant in place till Oct 2023 paying $1,050 per week.
- Top-level corner apartment.
- Three generous-sized bedrooms with built-in wardrobes.
- Three bathrooms (two ensuites including two bathtubs).
- Stainless steel appliances including dishwasher, fridge, oven and stovetop.
- Air-conditioning in the master suite.
- Air-conditioning in the lounge area.
- Gorgeous large top-floor Hampton-style patio.
- Secure one garaged car space.
- Good size lockable storage room in the basement.
- Street parking is available.
- Lots of storage space.
- Apartment size is approximately 180 sqm.
- Swimming pool in the complex.
- Approx 200 metres walking distance to the beach!
- Short distance to an array of trendy restaurants, cafes, public transport and the Beach!
- Rates approx. $2,845 per annum
- Water rates approx $300. per quarter (variable on consumption).
- Body corp $57.70 per week
- Currently renting at $1050. per week - 12-month lease in place until November 2023 - a great long-term tenant.

This area is very sought after, so this property won't last long!

Please contact John 0411 308 830 or Alicia on 0481 715 412 for further information and inspection opportunities.

* Disclaimer: 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. * denotes approximate measurements.

Property History for 7/28 Dudley St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,095,000
24 Oct 2022
Listed for Rent
$1.05k/w
07 Apr 2022
  • 24 Oct 2022
    Sold for $1,095,000
  • 06 Oct 2022
    Listed for Sale $1,100,000. +
  • 03 Oct 2019
    Listed for Rent $800 / week
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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 5,594 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 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 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.