7/3 Ocean StreetMermaid Beach QLD 4218
Property Details for 7/3 Ocean St, Mermaid Beach
7/3 Ocean St, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 323m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
Apartments fronting onto the prestigious Hedges Avenue don't come up very often. Situated in a walk-up boutique block of only 9 units and just 40 metres to the sand, you can expect consistent growth with this light-filled and open apartment. This is the ideal chance to buy into QLD's most sought-after suburb. A perfect beachside weekender, downsizer or investment opportunity.
Features you'll love:
- Open plan kitchen, living, dining leading to East-facing ocean view balcony
- Top floor apartment
- Secure basement car park
- Pool in complex
- Footsteps to the sand
- Very high land value
- Current unobstructed ocean views
- Ocean views down Ocean Street that can't be built out
- Low Body Corp of only $75.77 pw
- Short walk to local cafes, bars, restaurants and shops
The value of the land and the location are hard to compare. The views and apartment on top are quite the bonus! Positions like this are tightly held so grab this opportunity to secure your future with your very own slice of Hedges Avenue.
The Location: Beach 40m, Mermaid Surf Club 250m, Cafe on Hedges 200m, Bam Bam Bake House 530m, public transport 300m, Woolworths Metro Mermaid Beach 800m, Broadbeach South light rail station 1.4km, Future Light Rail Station 500m, Pacific Fair shopping centre 1.3km, Gold Coast Star Casino 2km, Buzzing hub of Broadbeach, restaurants, cafes, bars and shopping 1.8km, Surfers Paradise 4.5 km. Beautiful Burleigh Heads Village and National Park approx. 7 minute drive to the south and just 25 minutes in the car to Gold Coast Airport.
Contact Perry Brosnan (0414 758 204) or Ellie Mayberry (0427 769 249) for more information or to arrange an inspection.
Disclaimer:
Advertising 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.
Property History for 7/3 Ocean St, Mermaid Beach, QLD 4218
- 15 Mar 2023Sold for $750,000
- 24 Feb 2023Listed for Sale Contact Agent
- 05 Oct 2017Sold for $435,000
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 5,870 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 72.03% increase in median value, while Units have seen a 84.83% increase. As at 31 May 2026:
- The median value for Houses in Mermaid Beach is $3,156,532 while the median value for Units is $1,154,449.
- Houses have a median rent of $1,400 while Units have a median rent of $850.
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