Back 11/2340 Gold Coast Highway
Off Market

11/2340 Gold Coast Highway

Mermaid Beach QLD 4218

1
1
1
Apartment
Sam WestawaySam Westaway, last sold this property on 18 February 2023 after 3 days on market.

Overview

Sold By The Sam Westaway Team

Spacious Ground Floor Apartment In A Sought-After Beachside Locale. Welcome to 11/2340 Gold Coast Highway, Mermaid Beach. Promising an unbeatable beachside lifestyle, this spacious ground floor apartment offers a rare opportunity to enter one of the Gold Coast's most sought after blue-chip suburbs. Positioned within the boutique Villa Mermaide complex, this apartment enjoys all the luxuries of being just 5 minutes walk from the beach and the soon to be completed Mermaid Plaza Shopping Centre as well as moments to Nobby Beach Dining Precinct and Pacific Fair. The apartment itself features a spacious open plan design and north facing aspect that flows through to an expansive wrap around balcony overlooking the pool. Offering strong rental returns in one of the Gold Coast's most in demand locations, you'll seldom find a better opportunity to secure your next investment or first home in an area primed for future growth. PROPERTY SPECIFICATIONS: - Spacious ground floor apartment in a premier Mermaid Beach location - Bright open plan living/dining - Functional peninsula style kitchen - Master bedroom with built-in wardrobe and semi-ensuited bathroom/laundry - Huge wrap around northeast facing balcony - Access to swimming pool and BBQ area in complex - Secure gated intercom access to the complex - Secure underground carspace and visitor parking - Units In Complex: 33 - Total Land Share: 2,229m² approx. - Rental Appraisal: $450 - $500 per week - Council Rates: TBA - Body Corporate: $83.20 per week approx. - Sinking Fund: $85,081.62 approx. - Year Built: 2001 approx. We look forward to welcoming you home to 11/2340 Gold Coast Highway soon! Advertising Disclaimer: In preparing this property for sale we have used our absolute best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Mermaid Beach over the last 12 months, the estimated median property value of 11/2340 Gold Coast Highway is $741.3k.

Median value
$741.3k
Estimated value range
$560k - $1.15m
Median days on market
24
Estimated value trend
8%
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 11/2340 Gold Coast Highway

2023
Rented
Undisclosed
Leased on 27 Mar 2023 by Paul Hill Realty
2023
Sold
Undisclosed
Private Sale/Treaty on 18 Feb 2023 by Sam Westaway, of First National On The Coast

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 49 reviews in Mermaid Beach over the last 12 months.

Local market activity for 1 bedroom apartments in Mermaid Beach

In the last 12 months, 19 one-bedroom apartments similar to 11/2340 Gold Coast Highway, have been sold.

This represents a 23% increase in one-bedroom apartments sales when compared to the previous 12 months.

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