2429 Gold Coast Highway, Mermaid Beach, QLD 4218 sold on 04 June 2026 | OnTheHouse
SOLD
Sold on 04 Jun 2026 for $5,400,000

2429 Gold Coast Highway
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Property Details for 2429 Gold Coast Hwy, Mermaid Beach

2429 Gold Coast Hwy, Mermaid Beach is a 3 bedroom, 1 bathroom Townhouse and was built in 2015. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom Townhouse sold in Mermaid Beach in the last 12 months.

Building Type
Townhouse
Year Built
2015
Local Government
Gold Coast City
Lot/Plan
32/RP40600

Last Listing description (June 2026)

Freehold Motel | Blue Chip Corner Site

Classic Motel freehold coastal asset with operational flexibility24272429 Gold Coast Highway, Mermaid BeachA rare opportunity to secure a freehold motel property in tightly held Mermaid Beach, positioned prominently on an 817m corner site with exceptional Gold Coast Highway exposure.The Classic Motel is a well-maintained, operating accommodation business, providing an established trading presence with the flexibility to continue operating, reposition, or strategically hold over time.Situated between Broadbeach and Burleigh Heads, this blue-chip coastal location benefits from strong year-round demand, excellent connectivity, and direct access to major amenities.The property comprises: 8 self-contained motel units Two-level 3-bedroom manager's residence with office/reception On-site pool and off-street parking Approx. 817m corner site with approx. 59m combined frontage Medium Density Residential (RD5) zoning Building height limit up to 15m (STCA)This opportunity will appeal to: Owner-operators seeking a coastal lifestyle business Buyers wanting a freehold asset with underlying land value Investors seeking long-term strategic positioning in Mermaid BeachFreehold properties along the Gold Coast Highway remain tightly held and increasingly scarce.For further information or to request the Information Memorandum, please contact: Paulette 0456 778 678Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering a contract. Amir Prestige and its employees cannot be held responsible for any inaccuracies supplied here. Interested parties are advised to conduct their own due diligence and seek appropriate professional advice. All development potential is subject to City Plan requirements and relevant approvals.

Property History for 2429 Gold Coast Hwy, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,400,000
04 Jun 2026
  • 04 Jun 2026
    Sold - Price Undisclosed
  • 10 Oct 2025
    Listed for Sale Contact Agent
  • 15 Mar 2022
    Listed for Sale Expressions of Interest
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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 5,874 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 71 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 304 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.