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Back 2/38 Ocean Street
Off Market

2/38 Ocean Street

Mermaid Beach QLD 4218

2
1
2
Apartment
John CeperoJohn Cepero, last sold this property on 12 October 2012 after -4169 days on market.

Overview

Beach Side Apartment! Low Body Corp.

Offering no Highway noise, large bedrooms with big built in wardrobes, Spa bath and positioned at the back of the complex for great privacy, you can't go wrong plus it is located only 250 Mtrs from Mermaid Beach. It's hard to imagine it will be this affordable again. Take advantage of this sensational opportunity in a fantastic location. When you live this close to the beach you can take a stroll on the sand before breakfast. Plus the vendor has offered to completely repaint the unit for the buyer prior to settlement. Located in a small block of units in a quiet street with low body corporate fees is an opportunity to get into one of the Gold Coast most sought after areas. There have been some renovations in the apartment such as the Bathroom, ceiling fans and Spa bath added. The unit is quite spacious and layout is open plan with tiling on the floors. The bedrooms have built in robes and there is a separate toilet and laundry. With the Commonwealth Games coming, now is the opportunity to take advantage of buying in this area. You will be able to capitalize on the location whether you're an astute investor or a lucky resident. Features : 250 mtrs to Beach 100 mtrs to shops & Public Transport 2 Bed + 1 Renovated Bathroom (Spa Bath) Separate Toilet & Laundry Lock up Garage New Ceiling fans throughout Close to Pacific Fair & Casino, Quiet Location New color bond fencing Light filled ground floor unit The property is currently let on a short term basis for the owner occupier and the tenants would love to stay long term for the Investor seeking prime real estate. Mermaid Beach is a highly popular destination for families as it is within walking distance of the sensational shopping at Pacific Fair, and other family friendly activities such as putt putt golf, cinemas and of course the beach. This area of the coast is most famous for its 'millionaires row' Hedges Avenue with prestigious waterfront property. Jupiter's Casino and the Gold Coast Exhibition and Convention Centre are nearby, providing world-class entertainment and dining experiences. World-famous Dracula's Theatre Restaurant is extremely close in nearby Broadbeach, offering a night of laughter and mayhem. Featuring clean golden beaches and pockets of lush green parkland, Mermaid Beach is quieter than its northern neighbours, without sacrificing the convenience of a central location. Visitors can head south along the beautiful beach of Mermaid and discover the trendy cafes of Nobby Beach. There are also beachfront markets at Kurrawa Park on the first and third Sunday of each month, and events such as opera, blues, food festivals and fireworks. Please call Ian Jones to arrange an appointment to view the property. To obtain a copy of the Sustainability Declaration for this property please contact our office or the agent direct

Features

2 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Mermaid Beach over the last 12 months, the estimated median property value of 2/38 Ocean Street is $1.08m.

Median value
$1.08m
Estimated value range
$750k - $1.92m
Median days on market
29
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 2/38 Ocean Street

2025
Rented
Undisclosed
Leased on 03 Jul 2025
2025
Rented
Undisclosed
Leased on 02 Jul 2025 by Ray White Mermaid Waters
2012
Sold
Undisclosed
Private Sale/Treaty on 12 Oct 2012 by John Cepero, of Platinum Realty

Happy sellers in Mermaid Beach

87%
87% 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 55 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Mermaid Beach

In the last 12 months, 67 two-bedroom apartments similar to 2/38 Ocean Street, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach.  They have 23 local sales and collected 16 local reviews across the last 12 months.

  •   5   (113 reviews)
  •  16 Reviews in Mermaid Beach
  •  23 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

  •   5   (311 reviews)
  •  8 Reviews in Mermaid Beach
  •  9 Sales in Mermaid Beach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Mermaid Beach.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (29 reviews)
  •  5 Reviews in Mermaid Beach
  •  2 Sales in Mermaid Beach
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