Case Study:
Method of Sale: Private Treaty
Days on Market: 40
Open Homes: 4
OFI Attendees: 14
Online Enquiries: 8
Views Online: 2,863
Written Offers: 3
Positioned just 300 metres from the beach, this stylish coastal apartment offers the perfect fusion of beachside living and modern convenience. Nestled in a vibrant community and footsteps from the soon-to-be-completed light rail, you'll enjoy effortless access to everything the Gold Coast has to offer - from world-class dining and shopping to sparkling coastline adventures.
Step inside to discover a thoughtfully designed layout featuring a large light and bright living space, anchored by a spacious kitchen featuring sleek finishes, plenty of cupboard space and functional stone benchtop.
Natural light flows through, complementing the hybrid timber flooring that flows seamlessly through the open-plan living areas, opening through to the oversized west-facing balcony, with sweeping hinterland views.
Two spacious, carpeted bedrooms, including a master suite with private balcony access and a study nook in the second bedroom - ideal for remote work or study. Enjoy full wall-length sliding doors for enviable wardrobe storage.
The bathrooms are modern and sleek, with contemporary tapware and finishes. Enjoy year-round comfort with ducted air conditioning. Hidden washer and dryer in kitchen offers clever use of storage space.
Enjoy peace-of-mind secure basement parking, and if you have extra bikes or surfboards, there is a communal storage cage accessible only by residents.
Otto offers stunning resort-style amenities which complete the lifestyle offering, with security entry, on site management, as well as access to a heated pool, cabana-style lounges, expansive BBQ facilities, and a well-equipped gymnasium. Otto is also pet-friendly, welcoming your furry friends (subject to body corporate approval).
This particular location in Mermaid Beach, a relaxing stroll to the sand and surf, also offers enviably convenient access to Woolworths Metro just a quick 300m walk to the south, as well as a vibrant community of restaurants that include popular Etsu, Glenelg Public House and Bonita Bonita. World class shopping at Pacific Fair just 2km to the north completes your dream location.
This is more than just an apartment - it's a relaxed yet refined coastal sanctuary in the heart of a thriving and sought-after Gold Coast neighbourhood.
Property Features:
• 2-bedrooms, 2-bathroom quintessential coastal apartment
• Sleek kitchen with quality aesthetic finishes and stone benchtop
• Ducted air conditioning
• Large sun drenched balcony with hinterland views
• Plenty of storage space including wall-length cupboards
• Hidden washer & dryer in kitchen
• Secure basement car park with access to communal storage cage
• Resort facilities: heated pool, gym, cabanas, BBQ area
• Fully secure complex with on site management
• Pet-friendly (subject to body corporate approval)
• Only 300m to the beach and Woolworths Metro
• Footsteps from nearly completed light rail and thriving local dining/shopping precinct
Whether you're looking to invest, downsize, or embrace a relaxed coastal lifestyle, this property delivers it all.
Property Specifics:
• Council Rates: $1,300.99* per half year
• Water Rates: $451.27* per quarter
• Rental Appraisal: Estimated rental income of $850 - $900* per week (Currently rented for $770 per week until 14/09/2025)
• Body Corporate: $98* per week
*Approx.
Disclaimer: 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.
