OFF MARKET

8/22 Tamborine Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 358m2
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Property Details for 8/22 Tamborine St, Mermaid Beach

8/22 Tamborine St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 358m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1976
Floor Size
74m2
Land Size
358m2
Local Government
Gold Coast City
Lot/Plan
8/BUP2502

Last Listing description (February 2022)

A fantastic opportunity to purchase into one of the most coveted beachside positions on the Gold Coast! Offered to market for the first time in 30 years.

Position is the true key to real estate and this position is truly prime. If lifestyle and position are important to you, an inspection of this is an absolute must!


Set on the top floor of a small walk up block of only 8 units, this is a fantastic investment or lifestyle opportunity, uniquely positioned with the rolling waves of Mermaid Beach at one end of the street and popular cafes and eateries at the other.

Featuring 2 well sized bedrooms, each with ceiling fans and built in wardrobes. The relaxed open plan design with updated galley style kitchen and air conditioned living and dining adjoin a sunny east facing balcony, perfect for enjoying the cool ocean breezes.

Enjoy all the benefits this location has to offer, set right in the heart of Mermaid Beach, within metres walking distance to the beach and an easy stroll to the cafes, eateries and convenience store at Mermaid Beach Village.

This sought after location also offers close proximity to Nobby's as well as world class shopping at Pacific Fair, Star Casino and the Broadbeach entertainment precinct, all within a few minutes' drive. Enjoy the added convenience of close proximity to public transport options - once stage 3 of the G-Link is completed you will never need your car, just your walking shoes and a GO card!

- First time offered to market in 30 years
- Top floor 2 bedroom, 1 bathroom beachside unit
- Tiled and air conditioned open plan living space
- Well appointed galley style kitchen
- Sunny east facing balcony
- Separate toilet
- New hot water system installed
- Dedicated undercover parking with storage space
- Small walk up block of only 8 units on 809m2 land area with potential for future redevelopment (STCA)
- Quality address with the beach at the end of the street
- Easy walk to the convenience store, cafes and eateries at the end of the street
- So close to Nobby's Beach

Body corporate fees: $50 per week approx.
Council rates: $2,200 per annum approx.
Water rates: $1,500 per annum approx.
Rental estimate: $550 per week on a permanent rental basis

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 8/22 Tamborine St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$680,000
18 Jan 2022
  • 18 Jan 2022
    Sold for $680,000
  • 08 Dec 2021
    Listed for Sale Under Contract
  • 02 Aug 1991
    Sold for $115,000

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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 5,594 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, 269 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.