38 Arthur StreetMermaid Beach QLD 4218
Property Details for 38 Arthur St, Mermaid Beach
38 Arthur St, Mermaid Beach is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1971. The property has a land size of 405m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
Located just moments from the ocean, it's time to capitalise on a sensational property opportunity with enticing potential. Comprising of a block of three units, either add to your investment portfolio, redevelop this prime site or build your dream home - the choice is all yours!
Positioned on 405sqm of north facing land, the complex currently offers 2 x two bedroom units, 1 x one bedroom unit each with high ceilings and. All three units are in good condition and are currently rented (FAQ can be provided).
Location is king here, with the pristine golden sands and turquoise waters of Mermaid Beach within a short walk. Iconic "Millionaire's Row Hedges Avenue" is at the end of the street, plus enjoy dining out, drinks or delectable coffees from nearby popular cafes, restaurants and eateries.
Features:
Sensational investment, development potential or knockdown and build your dream home
405m2 block with 3 units on one title
Perfect north facing aspect with 2 x two bedroom units and 1 x one bedroom units
3 onsite parking accommodation for tenants
Walking distance to the ocean, cafes, transport and popular restaurants
Great investment / development opportunity (STCA) or knockdown and rebuild your dream home
Moments away from local restaurants, cafes, Nobby Beach and Pacific Fair
Combined new rental appraisal of $1,500 - $1,600 per week
Council Rates: Approx. $3,212.83 half yearly*
Water Rates: Approx. $950.91 per quarter*
Currently Rented at $1,070 per week
Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. 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.
Property History for 38 Arthur St, Mermaid Beach, QLD 4218
- 19 Apr 2022Listed for Sale Online Auction
- 17 Mar 2022Sold for $2,550,000
- 16 Feb 2022Listed for Sale Online Auction
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 5,674 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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