8/2342-2358 Gold Coast HighwayMermaid Beach QLD 4218
Property Details for 8/2342-2358 Gold Coast Hwy, Mermaid Beach
8/2342-2358 Gold Coast Hwy, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 5898m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.
Last Listing description (August 2024)
This rare ground floor apartment is currently holiday let by Turtle Beach Resort with the Owners receiving a great financial return.
The unit is open plan with a large living and dining area which leads to a magnificent private terrace. There's also another balcony connected to the kitchen.
The property features include:
- 2 large bedrooms which are separated by the 2 bathrooms (the master bedroom has an ensuite) and the separate toilet.
- Laundry is located in the main bathroom
- Fully furnished
- Air conditioned
- Allocated secure basement car park underneath unit
The Owners have recently updated many items including the following:
- Floor tiles and carpet
- Furniture package
- Bathroom furniture
- Kitchen sink and tap
- Repainted
The awesome Resort facilities include:
- Splash zone waterpark
- "The Deck" Restaurant & Bar
- "Club Turtle" Kids club
- 15 hole Mini Golf Course
- 4x Separate swimming areas
- 4x Hot spas
- 2x Saunas
- Wading/toddler pools
- Water slide
- Adults only pool area
- Shuttle bus
- Gymnasium
- Tennis court
- Cinema with 4x showtimes daily
- Arcade games room
- Playground area
- Multiple BBQ areas
The gross income for the last financial year was over $75,000 and the current approximate outgoings are:
Body corporate - $136/week
Rates - $70/week
Water - $36/week
There are many shops, cafes and dining venues nearby and the light rail is currently under construction with a stop close to the Resort.
Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
Property History for 8/2342-2358 Gold Coast Hwy, Mermaid Beach, QLD 4218
- 23 Jul 2024Sold for $652,000
- 29 May 2024Listed for Sale Offers Over $650,000
- 24 May 2015Sold for $245,000
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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.
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