OFF MARKET

8/2607-2609 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 873m2
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Property Details for 8/2607-2609 Gold Coast Hwy, Mermaid Beach

8/2607-2609 Gold Coast Hwy, Mermaid Beach is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1997. The property has a land size of 873m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1997
Floor Size
51m2
Land Size
873m2
Local Government
Gold Coast City
Lot/Plan
8/BUP105565

Last Listing description (August 2020)

Please don't say 'I would have paid that'.
Owners have agreed to pay the Body Corporate and Council Rates up to January 2021!
Located in the central hub of the Gold Coast, this newly renovated one-bedroom apartment comes Fully Furnished and is ideal for an investment/holiday unit. Stylish renovations, brand new hot water system, quality fixtures as newly replaced tap-ware. Fresh new carpet throughout and offers a brand new quality furniture package. Take over a solid investment and not a thing to do.

Spacious balcony with a northern aspect overlooking the pool. The highly sought after "Portobello" is a leafy complex centrally located, directly across from the bus depot and light rail station and walking distance to Pacific Fair Shopping Centre. Being only metres to the white sands of our world-famous Gold Coast beaches and just one block to the internationally renowned Star Casino.

This property is returning a generous income and has a low vacancy period. The On-site Managers ensure maximum returns when in the holiday letting pool or as a permanent residence as well as the freedom to enjoy your own holiday apartment. This property would definitely suit a savvy investor.

Resort facilities:

-Wireless Internet (pay for usage)
-Swimming Pool & Spa
-Games room (under renovation)
-BBQ area
-Onsite managers
-Secure & safe building with CCTV
-3 storey walk-up building

Act Now, This Apartment Will & Must Be Sold!
Call Dorelle on 07 5538 7355 to arrange an inspection today or for further details.

Property History for 8/2607-2609 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$385,000
25 Aug 2022
  • 25 Aug 2022
    Sold for $385,000
  • 21 Nov 2019
    Listed for Sale $236,000
  • 18 Jan 2016
    Sold for $215,000
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 39 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 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.