Beachside Mermaid Beach | Secure $850pw Rental | Top-Floor Apartment

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7/2311 Gold Coast Highway, Mermaid Beach QLD 4218

Offers Above $925,000

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$925k - $971k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 1 Bath 1 Car

Listed: 3 days ago

Overview

This well-positioned top-floor apartment in Mermaid Beach offers a rare opportunity to secure a prime beachside lifestyle coupled with immediate investment returns. Located just moments from the sandy shores on the beach side of Gold Coast Highway, this spacious apartment accommodates two generous bedrooms, including a master suite with its own private balcony, providing a perfect retreat and connection to the outdoors.

Investors will find appeal in the current secure tenancy, delivering a consistent rental income of $850 per week until June 2027, ensuring steady cash flow. The low body corporate fees, approximately $83 weekly, add to the practicality of this ownership.

Designed with comfort and lifestyle in mind, the apartment includes light-filled open plan living and dining spaces that seamlessly extend to an undercover balcony. The thoughtfully laid out modern kitchen supports easy meal preparation while the two-way bathroom includes a combined laundry, optimizing available space.

The property benefits from excellent natural ventilation and ceiling fans throughout, enhancing energy efficiency and comfort year-round. Residents enjoy additional amenities such as a sparkling in-ground swimming pool and secure basement parking for one vehicle with a security intercom system.

Situated in a quiet, small complex that values privacy and tranquility, the location continues to attract due to its proximity to popular cafes, shops, restaurants, and efficient public transport options, including the Gold Coast light rail. This connectivity appeals not only to beachside lovers but also to professionals and students seeking access to key employment, education and health precincts.

Whether for owner-occupiers desiring an enviable coastal lifestyle or investors aiming to capitalize on the strong rental demand in this tightly held community, this apartment offers a compelling blend of location, lifestyle, and financial opportunity.

Local Market Insights

In Mermaid Beach, Quiet Listings observed 51 new apartments entering the market over the last 30 days, down from 58 during the previous 30-day period, with an average advertised asking price of $2,492,098. The property type mix of listed properties is predominantly Apartments at 40%, followed by houses (38%), and units (11%). The most active agency for apartments in the Mermaid Beach area is currently Amir Prestige Group, representing 31% of new listings, followed by Remax with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.