8/93 Albatross AvenueMermaid Beach QLD 4218
Property Details for 8/93 Albatross Ave, Mermaid Beach
8/93 Albatross Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 588m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (May 2020)
This is the epitome of the Mermaid Beach lifestyle. This magnificent East facing 3 bedroom unit is situated within the boutique building of 'Paloma' and is one of only twelve beachfront units. The limited availability of 3 bedroom beachfront units in older style buildings make this a rare find.
With location being one of its greatest assets and the view being even more impressive, this unit is an absolute MUST to inspect if you are looking at securing absolute beachfront property in Mermaid Beach. Positioned on the end of the building, the property is equipped with many windows allowing a generous amount of natural light into this beautiful space, whilst also allowing privacy from neighbours as well as non-interrupted views of the ocean. If your dream is to live within steps to the gorgeous beaches that Mermaid has to offer then this is the apartment for you!
Being set on an enormous 2428m2 block of absolute beachfront land with a huge 37.7 metres of absolute beach frontage, there are so many possibilities for potential future redevelopment.
With the property being in a prime location, a stone's throw from the popular Nobbys precinct that contains stylish bars, cafes, restaurants and local shopping this is the perfect opportunity to secure your slice of the Mermaid Beach lifestyle!
Property Features:
- 3 Large Bedrooms with the Master having a walk-in wardrobe and ensuite
- Absolute beachfront with amazing ocean views
- Open plan living
- Small block of only 12 units on 2428m2 of beachfront
- Redevelopment potential plus
- Secure basement car accommodation plus ample visitor parking
- Renovation potential so you can put your own touches on it
- Inviting in-ground pool and BBQ area onsite for resident's use
- Reasonable body corporate fees
- Stunning Common Areas - With beachfront pool!
Rates: $4,750.70 per annum (approx.)
Water: $1,250.00 per annum (approx.)
Body Corporate: $151.38 per week (approx.)
Rental return: $675 per week (Lease ending 11/9/20)
Property History for 8/93 Albatross Ave, Mermaid Beach, QLD 4218
- 06 Jun 2020Sold for $1,300,000
- 19 Sep 2019Listed for Sale $1,230,000
- 27 Mar 2018Sold for $1,250,000
Recent sales nearby
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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 5,884 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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