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Back 2/40 Arthur Street
Off Market

2/40 Arthur Street

Mermaid Beach QLD 4218

2
1
1
Apartment
Guy PowellGuy Powell, last sold this property on 12 September 2021 after 41 days on market.

Overview

Beachside Apartment - 200m from the Sand and Surf

This two-level apartment presenting in a neat and tidy condition captures an abundance of cool coastal breezes all year round. Situated beachside of the Gold Coast Highway in one of Mermaid's most prestigious streets, you are only a few short steps away to lazy days on the sand or radical manoeuvres on your surfboard as you paddle into the deep blue Pacific Ocean. Walk or ride your bike along Hedges Avenue and end up North in Broadbeach or South in Miami and Burleigh. Indulge in the abundance of coffee shops and restaurants close by where good food and good vibes flow all year round. Even though you'll feel like walking everywhere it's handy to have the off-street parking space which this property provides. With an appeal to all buyers and low body corporate, there is real value being 1 of 7 apartments on a huge 809m2 beachside block only 200 meters from the golden sands of Mermaid Beach and so close to everything this amazing suburb has to offer. Go to the beach, grab a coffee and inspect this remarkable beach side apartment. Property Features: • Two bedroom, one bathroom, one car apartment • Presenting in neat and tidy condition • Master bedroom with balcony • Kitchen with breakfast bar • Ceiling fans throughout • Well maintained neat and tidy double brick building, recently improved with new colorbond roof, balconies and shade sails • Small boutique block of 7 • Low maintenance turn-key property • 200m from the beach, coffee shops, restaurants and public transport Property Specifics: • Body Corporate: $46.30* per week • Sinking Fund: $25,359.95 as at 06/07/21 • Council Rates: $1,270.29* half yearly • Water Rates: $310.38* per quarter • Currently leased at $420 per week until 17/5/2022 (under market value due to Covid-19) • Rental Appraisal: $550-$600* per week Approx* Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our 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

2 bedrooms
1 bathroom
1 carspace
1 open car space
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 2/40 Arthur Street is $1.1m.

Median value
$1.1m
Estimated value range
$750k - $2.27m
Median days on market
29
Estimated value trend
16%
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 2/40 Arthur Street

2025
Rented
Undisclosed
Leased on 14 Jan 2025 by Coastal Broadbeach
2023
Rented
Undisclosed
Leased on 26 Dec 2023 by Coastal° Property Agents
2021
Rented
Undisclosed
Leased on 10 Oct 2021 by Rent360 Brisbane

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 60 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom apartments in Mermaid Beach

In the last 12 months, 75 two-bedroom apartments similar to 2/40 Arthur Street, have been sold.

This represents a 8% decrease 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 25 local sales and collected 17 local reviews across the last 12 months.

  •   5   (119 reviews)
  •  17 Reviews in Mermaid Beach
  •  25 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   (316 reviews)
  •  9 Reviews in Mermaid Beach
  •  8 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 3 local sales and collected 6 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  6 Reviews in Mermaid Beach
  •  3 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   (33 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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