5/121 Hedges AvenueMermaid Beach QLD 4218
Property Details for 5/121 Hedges Ave, Mermaid Beach
5/121 Hedges Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 225m2 and floor size of 154m2.
Last Listing description (September 2019)
Sweeping ocean views from Coolangatta to Stradbroke capture the eye immediately upon inspection of this extremely rare, entire floor Hedges Avenue apartment that must be sold!
Positioned on the 5th floor in a small block of only 6 apartments, you have a never to be built out birdseye view above your neighbours of the ocean, and the Broadbeach and Surfers Paradise skyline. If you know quality real estate, then look no further as this is the property for you!
Best described as a blank canvas, take advantage of the value add proposition that awaits you, where your own touches will not only make beachfront living more enjoyable, but increase the value of your asset. North-East facing with an open plan design featuring 3 bedrooms, 2 bathrooms (master with ensuite), the convenience and additional value of two secured separate car spaces which is a feature often asked for but rarely found, storage cage and 3 great sized balconies to enjoy the breezes.
Whether you want to reside, invest or make this your home away from home - this is your opportunity.
Instructions are very clear! This property must and will be sold on or before auction so act quickly before it is too late!
Council Rates: $10,800 per annum (approx.) (Think of the redevelopment potential)
Water Rates: $1,350 per annum (approx.)
Body Corporate: $195 per week (approx.)
Rental Estimate: $1,000 per week (approx.)
Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.
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 5/121 Hedges Ave, Mermaid Beach, QLD 4218
- 13 Aug 2019Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 5,883 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:
- The median value for Houses in Mermaid Beach is $3,031,364 while the median value for Units is $1,139,868.
- Houses have a median rent of $1,400 while Units have a median rent of $830.
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