1/67 Albatross Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

1/67 Albatross Avenue
Mermaid Beach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 112m2
Land area: 518m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 1/67 Albatross Ave, Mermaid Beach

Building Type
Commercial
Year Built
1982
Floor Size
112m2
Land Size
518m2
Local Government
Gold Coast City
Lot/Plan
1/BUP5418

Last Listing description (March 2018)

A must-see opportunity - this could possibly represent the best value seen on the beachfront in years! Act quickly as our realistic seller is prepared to meet the market and has provided very clear instructions for a sale at or prior to the Auction
Rarely do we see ground floor become available especially in the tightly held 'Foreshore' building on exclusive Albatross Avenue, you'll be the envy of your friends and family as the proud new owner of this exceptional property.
Enjoy captivating, never to be built out views of azure blue ocean and golden shoreline - catch the sunrise over the horizon, watch the waves roll in - this is what life on the beachfront is all about!

Features include:
- Ground floor absolute beachfront apartment
- Favoured North/East aspect with never to be built out ocean views
- 2 bedrooms, 2 bathrooms (master bedroom with ensuite)
- Each bedroom with ocean views, built in robes and ceiling fans
- Well equipped kitchen
- Open plan living area that flows out to large beachfront balcony
- Light and breezy throughout
- Secure basement car parking
- Fully furnished and currently holiday let with great returns
- On site facilities including pool, spa, BBQ entertaining and bowling green
The apartment is currently holiday let with great returns, enabling you to live the dream beachfront lifestyle at your leisure and enjoy the returns when you're not collecting the income!
Situated on approximately 2,428m2 of prime beachfront, 'Foreshore' offers its residents use of on site facilities that include pool, spa, BBQ entertaining and even a bowling green!
Body corporate fees: approx. $110.17 per week
Council rates: approx. $6,036.10 per annum
Water: approx. $1,298.64 per annum
Rental income: Estimated at approx. $550 per week permanent let
Hot Summer Auction Event: Tuesday 23rd January 2018, 5.30pm at the Mermaid Beach Bowls Club
To view the property video, copy and paste the following link into your internet browser:
https:/?/?www.youtube.com/?watch?v=sB55OBwov_Q
Make no mistake, we are selling! Our genuine vendor is not testing the market and requires an urgent sale. Contact Luke Henderson and Cindy Katene to register your interest today!
Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.
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 only.

Property History for 1/67 Albatross Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$590,000
29 Jan 2018
  • 01 Dec 2022
    Listed for Sale $1,337,000
  • 29 Jan 2018
    Sold for $590,000
  • 14 Dec 2017
    Listed for Sale Auction
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the 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 5,867 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Beach is $2,903,254 while the median value for Units is $1,117,658.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 73 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in Mermaid beach.

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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.