1/40 Arthur StreetMermaid Beach QLD 4218
Property Details for 1/40 Arthur St, Mermaid Beach
1/40 Arthur St, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 57m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2021)
The ocean beckons you from this stunning two-level apartment presenting in immaculate condition right on Mermaid Beach's doorstep.
An absolute gorgeous property, solid in construction and renovated to the highest of standards this bright and spacious north facing apartment captures an abundance of natural light and cool coastal breezes all year round.
Situated beachside of the Gold Coast Highway in one of Mermaid's most prestigious streets, you're only a few short steps away to lazy days on the sand or radical manoeuvres on your surf board 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 plethora 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:
Renovated two bedroom, one bathroom, one car apartment
North-facing position, largest apartment in the building
Oversized master bedroom with East-facing balcony
Well-appointed full sized kitchen with Caesarstone benchtops
Polished concrete floors downstairs
VJ panelling and ceiling fans throughout
Direct access to grassed, fully fenced courtyard
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: $1,014.36* half yearly
Water Rates: $310.38* per quarter
Rental Appraisal: $650* 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.*
Property History for 1/40 Arthur St, Mermaid Beach, QLD 4218
- 12 Jul 2021Sold for $889,000
- 08 Jul 2021Listed for Sale Auction
- 05 Nov 2017Sold for $475,000
Recent sales nearby
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0About 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 5,677 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.
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