Back 5/40 Ventura Rd
Off Market

5/40 Ventura Rd

Mermaid Beach QLD 4218

1
1
1
Apartment
Last sold for $732,600
Josh DawsonJosh Dawson, last sold this property on 08 April 2026 after 15 days on market.

Overview

Desirable Beachside Living In The Heart Of Mermaid Beach

Beautifully positioned in the heart of Mermaid Beach, within walking distance to the beach, local cafés, shops and restaurants, this spacious one-bedroom apartment offers the ultimate in relaxed coastal living. Privately set on the ground floor of the highly sought-after "Parkview" Apartments, the home presents a bright and inviting coastal retreat. Filled with natural light, the apartment boasts a generous open-plan living and dining area, complete with air conditioning and seamless flow to a well-sized terrace-perfect for entertaining or unwinding in privacy. The oversized outdoor space is a rare find and truly elevates the lifestyle on offer. Backing directly onto Mermaid Park, the property enjoys a peaceful, leafy outlook with easy access through to Bam Bam Café, perfect for your morning coffee or a relaxed brunch just moments from your door. The large bedroom is thoughtfully designed with built-in robes, a ceiling fan, and its own private balcony, providing a peaceful retreat. A spacious bathroom and secure basement car parking add further comfort and convenience. Recently updated with new flooring, the apartment offers a fresh, modern feel while maintaining its relaxed beachside charm. Residents of Parkview enjoy access to excellent building facilities including a pool, spa, and BBQ area, making every day feel like a holiday. Features include: - Bright and spacious open-plan apartment. - Air-conditioned living and dining area. - Seamless indoor-outdoor flow to an extra-large private terrace. - Backs onto Mermaid Park with easy access to Bam Bam Café. - Generous bedroom with built-in robes, ceiling fan, and private balcony. - Spacious bathroom. - Secure basement car space. - Resort-style facilities including pool, spa, and BBQ area. - Close to schools, shops, transport, and the beach. This is an exceptional opportunity to secure a low-maintenance beachside residence in one of the Gold Coast's most desirable locations.

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 5/40 Ventura Rd is $680k.

Median value
$680k
Estimated value range
$585k - $990k
Median days on market
20
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 5/40 Ventura Rd

2026
Sold
$732,600
Private Sale/Treaty on 08 Apr 2026 by Josh Dawson, of London Estate Agents
2022
Sold
$440,000
Private Sale/Treaty on 25 Jul 2022 by Josh Dawson, of London Estate Agents
2017
Sold
$255,000
Sold Before Auction on 23 Oct 2017 by Andre Sharples, of Coastal Broadbeach

Happy sellers in Mermaid Beach

88%
88% 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 54 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 5/40 Ventura Rd, have been sold.

This represents a 35% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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