2406 Gold Coast Highway, Mermaid Beach, QLD 4218 sold on 14 July 2025 | OnTheHouse
SOLD
Sold on 14 Jul 2025 for $4,975,000

2406 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: -
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Property Details for 2406 Gold Coast Hwy, Mermaid Beach

Building Type
Commercial
Local Government
Gold Coast City
Lot/Plan
1/RP177592

Last Listing description (May 2024)

MERMAID BEACH - FREEHOLD COMMERCIAL BUILDING WITH SIGNIFICANT UPSIDE

High profile corner position with exposure to 50,700^ passing vehicles daily and 65 metres* of main road frontage
Land area: 1,012m*
Building area: 568m*

18 carparking spaces
Net Income of $189,317** p.a + GST and fully let net income of $284,621** p.a + GST
Zoned Neighbourhood Centre and building height of 24 metres
Directly opposite the brand new Woolworths anchored Mermaid Plaza Shopping Centre, 3mins* to Nobby's dining and caf precinct and in close proximity to a wide range of amenity
200m* walk to the future Mermaid Beach South Station (G:Link Light Rail - under construction)
300m* walk to Hedges Avenue and Mermaid beachfront
Irreplaceable investment with value add and redevelopment potential

For additional information, please contact the Ray White Special Projects Qld Marketing Agents.

*Approximately
^ Sitewisely
** Estimate only, subject to independent due diligence and verification

Property History for 2406 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$4,975,000
14 Jul 2025
  • 23 May 2024
    Listed for Sale For Sale
  • 13 Feb 2024
    Listed for Sale For Sale
  • 16 Feb 2023
    Listed for Sale $80,000 + SAV
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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 33 properties listed for sale, and 34 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

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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.