Lot 68/11 Hilda St, Mermaid Beach is a 6 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 439m2.
Perfectly positioned and just footsteps from the beach is this rarely available beachside boutique apartment complex.
Situated in one of Mermaid's premier streets on an expansive 439m block with an ultra wide 14.55 m frontage, the apartments offer spacious living and entertaining embracing casual beachside living.
Metres from a vast selection of restaurants and cafes, this is a rarely available beachside location.
-3 x 2 bedroom apartments with great returns
- Large 439m2 block with a 14.55 metre frontage
Renovate or build prestige home/multi residential development STCA
- Suspended slab construction that could be modified for renovation
- Bedrooms all with built in robes, fans, air conditioning
- Only 6 houses from the beach
- Enviable location , prime redevelopment opportunity
- Generous current rental return Footsteps to patrolled beach, shops, cafes and transport
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:
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