132/10-16 Alexandra Avenue

Mermaid Beach QLD 4218

- 3 bathrooms (2 ensuites)
- All bedrooms have robes with 3 of the bedrooms have large walk in robes
- 2 car spaces
- Lock up storage with secure roller door entry
- 1 lounge
- 1 family room
- 1 dining area
- North facing apartment with 2 north facing balconies
- Plenty of room for 2 or more families
Located halfway between Mermaid Beach and Broadbeach. Only 100 metres to the beach, a 3-4 min walk to Pacific fair and the G link transport system. Great location and a very sizeable property for the money.
Investment information;
Excellent returns available for the investor. The owners have recently started to Airbnb this property.
Returns (2019) are;
April - $6,142.06
May - $5,332.87
June - $4,869.33 (current bookings)
July - $8,152.73 (forward bookings)
You have flexibility to live in this property, holiday let it out or permanently rent the property. The choice is yours. Our office can help manage this property for you with Airbnb and we also advertise with Booking.com and Expedia.com.
Council Rates - $1,740 approx per half year
Water Rates - $320 approx per quarter
Body Corporate Fees - $155 per week approx
Sinking Fund Balance - $1,471,912.08 as at 09/07/19

Permanent Rental Appraisal - $830-$850 per week approx
Apartment size appx 199m2 including balconies. appx extra 38m2 for car parks and storage. Total 237m2. Please see attached floor plan.
With beachside land values constantly rising it is highly likely that a large property like this in a three storey walk complex up will never be built again so close to the beach in central Gold Coast.
Other features of this apartment include;
- Modern and bright kitchen
- Fully furnished with an updated furnishing package, new tiles and painting throughout
- Modern tones and feature walls
- Air conditioning
- 2 Spacious bedrooms with built-in robes
- 3 Bathrooms
- 2 Balconies
- 2 separate living areas plus a dining area, so lots of space for large families
- Light and bright
- Ceiling fans
- Allocate secure car space
- Located in a 3 story walk up building
The recreational facilities include -
- 2 Massive lagoon pools. One heated.
- Children's heated swimming pool
- Numerous BBQ areas located around the tropical pools
- Children's playground and Water Park
- 2 heated spas
- Games room
- Tropical landscaped gardens
- Professional On site management
This low rise resort is set in expansive tropical gardens surrounded by a magnificent pool, garden area and cascading waterfalls providing a peaceful atmosphere whilst being within easy walking distance to Pacific Fair Shopping Centre, Jupiter's Casino and the beach.
Undoubtedly, the main attraction of Mermaid Beach and Broadbeach is the beautiful beaches with their golden sands gently sloping into the Pacific Ocean. The beach is a great place to soak up the sun and relax and, being patrolled by lifeguards and bordered by a park with a large play area; it is a great place for all of the family. For those wanting a little more action, there are some great surf schools in the area to help you learn how to catch a wave. There is also an abundance of other activities, such as volleyball, sand sculpting and windsurfing.
Although the beach is key to life in Mermaid Beach and Broadbeach there is much more on offer than just sun, sea and sand. With several fantastic shopping areas and malls, Broadbeach is the main shopping hub of the Gold Coast, with shops ranging from big high street names to unique boutiques. You'll also fine arts and crafts markets, perfect for hunting down those holiday souvenirs.
Mermaid Beach and Broadbeach boast a fantastic reputation, with locals travelling from all over the Gold Coast to sample the fine food on offer. There are a huge variety of restaurants, cafes and bars to choose from, ranging from international cuisine to local food and fine dining.
Disclaimer: 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. * denotes approximate measurements