SOLD
Sold on 30 Mar 2024 for $770,000

8/31 Venice Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 236m2
Sold By
Amir Prestige Group Mermaid Beach
Save

Property Details for 8/31 Venice St, Mermaid Beach

8/31 Venice 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 236m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
79m2
Land Size
236m2
Local Government
Gold Coast City
Lot/Plan
8/BUP2352

Last Listing description (May 2024)

8/31 Venice Street, Mermaid Beach

This is an exclusive opportunity brought to you by a motivated seller. Act now as this property must be sold, don't miss out on securing your dream home or investment!

Perched on the third level, this two-bedroom sunlit beachside unit offers a warm and inviting ambiance, capturing the soothing coastal breeze just steps from the pristine surf and sand.

Freshly painted and renovated, this property features two spacious bedrooms complete with built-in wardrobes and ceiling fans, with the second bedroom boasting a balcony. The well-appointed kitchen offers ample cupboard space and modern electric appliances, seamlessly flowing into the open-plan lounge and dining area that extends onto the balcony. Additionally, the property includes a spacious bathroom and a single lock-up garage with ample storage space.

This apartment presents an excellent investment opportunity with reliable tenants in place. Indulge in the luxury of being mere steps away from the golden sands of Mermaid Beach and Hedges Avenue "Millionaires Row"

Enjoy access to local amenities including shops, eateries, and cafes, with Pacific Fair, Broadbeach's vibrant precinct, and the light rail just moments away.

Be quick to inspect, apartments in Mermaid Beach are in short supply do not last long!

Contact Nat 0403 042 677 Paulette at 0456 778 678

- 2 bedrooms with sleek built-in wardrobes
- A modern kitchen equipped with contemporary appliances
- A tastefully renovated bathroom and laundry exuding modern elegance
- A separate toilet for added convenience
- A private balcony ideal for alfresco relaxation
- A single lock-up garage with ample storage space

Body Corp - $50.00 per week / $639.96 per quarter approx.
Rental appraisal - $650.00 - $750.00 per week approx.

Mermaid Beach is an esteemed beachfront locale celebrated for its convenient and walkable lifestyle. This address enjoys a prime position just one street away from a patrolled beach. It offers effortless access to the boutique shopping, dining, and nightlife of Nobby Beach. It is also in proximity to renowned local eateries, including Mermaid Beach and Nobby Beach surf clubs and BSKT, a mere 230 meters away. A brief drive opens up the amenities of nearby Broadbeach, home to The Star and the world-class retail precinct of Pacific Fair Shopping Centre, all accessible via the Gold Coast Highway.

Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 8/31 Venice St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$770,000
30 Mar 2024
Listed for Rent
$650/w
04 Oct 2023
  • 30 Mar 2024
    Sold for $770,000
  • 19 Mar 2024
    Listed for Sale SOLD BY NAT & PAULETTE!
  • 15 Sep 2023
    Listed for Rent $650 / week
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.