OFF MARKET

8/26 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 144m2
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Property Details for 8/26 Albatross Ave, Mermaid Beach

8/26 Albatross Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 144m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1981
Floor Size
124m2
Land Size
144m2
Local Government
Gold Coast City
Lot/Plan
8/BUP4519

Last Listing description (October 2020)

Sold Prior to Auction!!

Investor requires immediate sale - Hurry to secure this rare gem!!


Catch the sunrise over the water, watch the waves roll in and smell the coffee brewing, this fabulous apartment offers a lifestyle and location second to none. Located on exclusive Albatross Avenue in the highly sought after and trendy Nobby Beach precinct, this top floor penthouse style 3 bedroom unit is perfectly positioned directly across the road from Nobbys Surf Club, BSKT Cafe, the patrolled beach and within walking distance to the Nobbys strip with its trendy cafes, restaurants, shops and thriving nightlife.

Sprawled over two levels, this well presented abode offers 3 bedrooms, 2 bathrooms and 2 large entertaining balconies perfect for entertaining family and friends all year round! If you're not up for venturing out to one of the trendy bars or restaurants close by, relax while you take in the magnificent views and dynamic lifestyle from the comfort of your own home.

You will feel on top of the world when you purchase into one of the most coveted beachside locations on the Gold Coast!

Features:
- Stunning ocean views
- Top floor penthouse style apartments flowing over 2 levels
- 3 bedrooms
- 2 bathrooms
- 2 large balconies
- Well-presented throughout
- Massive lock-up garage with comfortable room for 2 cars or even more + storage
- Separate laundry
- In-ground pool in the building
- Small corner block of only 9 units
- One of the best locations on the Gold Coast, overlooking Nobby's SLSC and patrolled beach

- Body Corporate: $140 per week (approx)
- Council Rates: $4,699 per annum (approx)
- Waters Rates: $2,860 per annum (apprx)
- Currently rented for $730 per week until November 2020

Opportunities to purchase a 3 bedroom apartment with this view and location are rare... very rare! Do not miss out on this opportunity!

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 8/26 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$830,000
02 Oct 2020
Listed for Rent
$730/w
22 Nov 2019
  • 02 Oct 2020
    Sold for $830,000
  • 17 Sep 2020
    Listed for Sale AUCTION
  • 07 Nov 2019
    Listed for Rent $730 / 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 5,624 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.