701/252 Hedges Avenue, Mermaid Beach, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

701/252 Hedges Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 743m2
Land area: 981m2
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Property Details for 701/252 Hedges Ave, Mermaid Beach

701/252 Hedges Ave, Mermaid Beach is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 981m2 and floor size of 743m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
2005
Floor Size
743m2
Land Size
981m2
Local Government
Gold Coast City
Lot/Plan
701/SP170430

Last Listing description (November 2016)

Hedges Avenue is Australia s premier beachfront address and this luxury boutique tower at its most northern boundary is the connoisseur s choice for apartment living. This north-east facing penthouse offers the ultimate in prestige living and privacy, with sweeping views over the ocean, beaches, scenic parkland by day and then transformed into a glittering landscape of city lights after dark.
In addition to the 743m2 elegant house-sized residence, this rare property includes a vast rooftop garden, complete with lavish entertaining facilities, a lap pool, heated spa and steam room. From the private internal security elevator, one steps out onto a 370m2 terrace with planter gardens and a spacious outdoor conversation lounge beneath a dramatic skillion roof. Wide steps lead up to the pool with adjoining heated spa. On the ocean aspect is a
roofed dining area and large bbq kitchen. Frameless glass fencing ensures panoramic views in almost every direction, while the kitchen, bathroom, steam room and shower facilities provide comfort and convenience for the host and guests. Caressed by sea breezes and the warmth of the Queensland sun, this is the ultimate spot for relaxing in a private pampered environment.

Boasting high ceilings throughout, three spacious bedrooms and a large separate study this penthouse apartment is the essence of contemporary elegance, featuring polished timber floors, crystal chandeliers and white plantation shutters. Soft neutral decor is enhanced by designer accents of high-fashion wallpapers and natural stone surfaces. The huge open plan living area includes formal lounge, family TV area, formal dining and elegant kitchen with a quartz stone island bench. Two of the three bedrooms feature ensuites and large custom built walk-in robes, while the large study or 4th bedroom has access to the guest bathroom. Floor to ceiling glass and wide balconies showcase sensational ocean, parkland and city views.
- North Eastern side of the 7th & 8th levels of this exclusive residential-only tower
- Large master suite opens to north facing balcony with ocean views
- Panoramic views of the Broadbeach and Surfers Paradise skyline
- Ducted reverse cycle air conditioning
- Parking for a minimum of 2 cars (potentially 4) with additional storage space
- Privacy & security video intercom system, back 2 base alarm & Cbus System
- The building features a communal gym, lap pool, sauna and bbq area
- Only a few metres to uncrowded patrolled beaches
- A short stroll to the Broadbeach restaurant precinct, shopping & nightlife & Jupiters Casino
- Approximately 800 metres to Pacific Fair, with over 400 stores including Chanel, Gucci, Prada and Louis Vuitton just to name a few
For more information visit prestigeagents.com.au

Property History for 701/252 Hedges Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$5,400,000
10 Oct 2016
  • 10 Oct 2016
    Sold for $5,400,000
  • 22 Jul 2016
    Listed for Sale $5,650,000
  • 13 Dec 2005
    Sold for $4,485,000
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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 5,837 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 96.36% increase in median value, while Units have seen a 111.28% increase. As at 31 December 2025:

  • The median value for Houses in Mermaid Beach is $2,886,947 while the median value for Units is $1,103,207.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 48 properties listed for sale, and 24 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 316 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.