SoldSep 12, 2025

31 Arthur Street, Mermaid Beach, QLD, 4218

$3,000,000

4
2
2
405 m²

House

30+ days on the market

Sold: Sep 12, 2025

What's around 31 Arthur Street

Duplex Pair on One Title, Footsteps from the Beach

Offering an unrivalled location just metres from the ocean, it's time to capitalise on a sensational property opportunity with enticing potential. This duplex offers a smart blend of secure income, low-maintenance living, and excellent scope for the future. Set on a 405sqm* block with a 10m* street frontage, it's an address that promises both lifestyle enjoyment and long-term growth (STCA). Comprising of two single-level residences, each featuring two bedrooms, an open-plan living and dining area, a functional kitchen, a tidy bathroom, and an internal laundry. Each residence is move-in ready, while still offering room for future upgrades to increase value. Separate entrances, private courtyards, and secure lock-up garages provide everyday comfort and privacy, while the fully fenced shared rear patio offers a relaxed outdoor space to catch the sea breeze. Location is king here, with the pristine golden sands and turquoise waters of Mermaid Beach within a short walk. Iconic 'Millionaire's Row Hedges Avenue' is at the end of the street, plus enjoy dining out, drinks or delectable coffees from nearby popular cafes, restaurants and eateries. this location continues to be one of the Gold Coast's most sought-after. A versatile property that works as a home, investment, or future project, all in a location that delivers year-round lifestyle appeal. Property Features: • Single-level duplex pair on one title, on a 405sqm* block • 9m height zone, with a north-facing rear aspect • Perfect block for land banking or building your dream home • Two self-contained residences, each with two bedrooms and open-plan living/dining • Practical kitchens with plenty of scope for an easy update • Private front courtyards plus a fully fenced shared rear patio for outdoor entertaining • Secure single lock-up garage for each unit • Flexible options to live in, lease out, or redevelop in the future (STCA) • Sought-after location just minutes to the Mermaid Beach foreshore • Stroll to boutique shopping, dining, transport, and entertainment precincts * Denotes approximate figure, boundary lines indicative only Council Rates: Approx. $7,914.24 per annum Water Rates: Approx. $514.16 per quarter UNIT 1 Current Rent: $590 per week Lease End: 23/08/2026 Rental Appraisal: Approx. $620 - $650 per week UNIT 2 Current Rent: $610 per week Lease End: 13/08/2026 Rental Appraisal: Approx. $620 - $650 per week Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. 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

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