1/23 Venice Street

Off Market

1/23 Venice Street

Mermaid Beach QLD 4218

Unit

Last sold for $675,000

Luke Henderson, last sold this property on 12 May 2022 after -1 days on market.

Overview

LANDLORD SAYS SELL

This is an exciting opportunity to buy an entry level beachside unit at fabulous Mermaid Beach. Enjoy famous beaches at the end of the street, with all the conveniences of Pacific Fair, award-winning restaurants and Star Casino and Convention Centre all within walking distance. Priced as the perfect entry level for the first home buyer, or else for the astute investor to add to your property portfolio. Ripe for an update to provide further added value or hold for possible future redevelopment. Perfectly positioned in a block of only eight units on 809m2 prime beachside land, this is all about position, position, position. Features: - 2 bedrooms - 1 bathroom - Lock up garage with storeroom - Beachside location - Boutique building of 8 units - Development potential on 809m2 prime beachside land For more information about this property, contact our sales agent Luke Henderson 0409 599 507. Outgoings: Unit 1 Rental income: Currently tenanted at $400 per week until 28th July 2022 Body Corporate fees: $43.65 per week (approx.) - per unit Council rates: $2,700 per annum (approx.) - per unit Water rates: $1,335 per annum (approx. - variable upon consumption) - per unit Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Beach over the last 12 months, the estimated median property value of 1/23 Venice Street is $947.5k.

Median value

$947.5k

Estimated value range

$750k - $1.46m

Median days on market

Estimated value trend

14%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Mermaid Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/23 Venice Street

2022

Sold

$675,000

12 May 2022 by Luke Henderson, of John Henderson Real Estate

Happy sellers in Mermaid Beach

91%

91% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Beach

In the last 12 months, 37 two-bedroom units similar to 1/23 Venice Street, have been sold.

This represents a 36% increase in two-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mermaid Beach for a free market appraisal.

Trent Hones

at Ray White Malan + Co - Broadbeach

(126 reviews)

Get a free market appraisal

Guy Powell

at Coastal Broadbeach

(321 reviews)

Get a free market appraisal

Gypsea Youngsmith

at Kollosche

(36 reviews)

Get a free market appraisal

Paulette Koriacos

at Amir Prestige Mermaid Beach

(37 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Beach

Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach. They have 20 local sales and collected 21 local reviews across the last 12 months.

5 (126 reviews)
21 Reviews in Mermaid Beach
20 Sales in Mermaid Beach

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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with