3/10 Alexandra Avenue
Mermaid Beach, QLD 4218

This exceptional one-bedroom ground floor apartment is one of only nine in the prestigious Diamond Beach Resort, offering a rare opportunity to invest in a prime beachside location just steps from the sand. The property is perfectly suited for investors seeking a low-maintenance, hassle-free income stream with strong capital growth potential in a highly sought-after coastal area.

The apartment features a spacious open-plan layout that maximizes the use of space and natural light. The central galley-style kitchen is designed for efficiency and convenience, seamlessly connecting to the living and dining areas. A private courtyard extends the living space outdoors, providing a tranquil setting for relaxation or entertaining guests.

Comfort is ensured with ceiling fans and a recently installed air-conditioning system, enhancing the appeal for tenants and owners alike. Currently leased until April 2027, the property benefits from a reliable tenant who occupies the unit as a manager's residence, adding to the investment's security.

Additional value can be unlocked through a cosmetic facelift in the future, allowing for potential capital appreciation. The property is part of a 5.5-acre site with low body corporate levies, making it an affordable and attractive option for investors.

The resort itself offers a range of amenities designed to enhance the lifestyle of residents and guests. These include two outdoor heated lagoon-style pools and spas, BBQ facilities with outdoor dining areas, and a children's activity playground complete with a games room and a kiddie's pool, catering to families and individuals alike.

Location advantages include close proximity to a variety of restaurants, cafes, and public transport options. The local parklands and beach are just 150 meters away, while the Broadbeach G:link Tram Station is within 300 meters, providing easy access to the wider Gold Coast area. Additionally, the Pacific Fair Shopping Centre and The Star Casino are both within a 10-minute walk, offering extensive shopping, dining, and entertainment options.

This property represents an outstanding opportunity to own a slice of coastal paradise with excellent earning potential in one of the Gold Coast's most desirable locations. Whether expanding an investment portfolio or entering the market, this apartment offers a compelling proposition for discerning buyers.