1/3 Atlantic Avenue, Mermaid Beach, QLD 4218 sold on 22 May 2025 | OnTheHouse
SOLD
Sold on 22 May 2025 for $1,150,000

1/3 Atlantic Avenue
Mermaid Beach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 299m2
Land area: 180m2
Sold By
agent headshot
Jared Johnson
Coastal Property Agents Commercial
agent headshot
Taylor Jones
Coastal Property Agents Commercial
Save

Property Details for 1/3 Atlantic Ave, Mermaid Beach

Building Type
Commercial
Floor Size
299m2
Land Size
180m2
Local Government
Gold Coast City
Lot/Plan
1/SP208767

Last Listing description (June 2025)

Jared Johnson & Taylor Jones from Coastal Commercial are delighted to present an exceptional opportunity for astute investors looking for a perfectly positioned Commercial asset with a long-standing quality local tenant.

Located in the vibrant heart of Mermaid Beach, this property enjoys close proximity to major arterial roads, public transport (including 30 seconds away from the new G-Link Tram Line), and an array of popular cafés, restaurants, and boutique retailers. Just minutes from Broadbeach and the beach itself, it offers the perfect blend of business and lifestyle in one of the Gold Coast's most desirable coastal precincts.


The sellers are extremely motivated and will entertain all cash unconditional offers prior to Auction. If not sold prior, the property will be sold via Public Auction 11:00am on Wednesday the 28th of May at Coastal Commercial office. Level 1/16 Queensland Avenue, Broadbeach.

The property offers the following rarely available attributes:
• 180m2 Premium fitted office suite
• Net income $69,264.00 p.a. (tenant pays 100% of outgoings)
• 3 years with 3 x 3-year options
• Highly desirable ground floor, street fronting tenancy
• Tenanted by popular tenant 'Wakefield Pacific Accounting & Business Advisory'
• High quality fit out
• Long standing quality local business as tenant
• 4% annual rental increase
• 5 exclusive use secure basement carparks
• Ample street parking
• Abundance of natural light
• Disabled access

Disclaimer: We have in preparing this information used our best endeavors 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. 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.

Property History for 1/3 Atlantic Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,150,000
22 May 2025
Listed for Rent
$1.25k/w
13 Dec 2023
  • 22 May 2025
    Sold for $1,150,000
  • 28 Apr 2025
    Listed for Sale Auction 28th May 2025 11am
  • 01 Jun 2023
    Listed for Rent $65,000 / year
Sign in to see more transactions
Commute Calculator

About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2.0% of total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.

Mermaid Beach has 5,678 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Beach is $2,724,302 while the median value for Units is $1,094,696.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 34 properties listed for sale, and 31 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 328 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

Market Insights
Mermaid Beach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Beach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.