Home/Properties/Mermaid Beach/3/10-16 Alexandra Avenue
3/10-16 Alexandra Avenue, Mermaid Beach$649,000
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3/10-16 Alexandra Avenue

Mermaid Beach, QLD 4218, Australia
$649,000
1 bed 1 bath 1 car

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About this property

* Video walk-through available | Current lease in place until April 2027 * One of only (9) one-bedroom apartments in Diamond Beach Resort. Footsteps from the sand, this prime beachside property offers a rare investment opportunity in one of the area's most desirable coastal locations. Featuring low-maintenance construction, modern amenities, and easy access to cafes, shops, and local attractions, it's ideal for investors seeking hassle-free income with high capital growth potential. Whether you're expanding your portfolio or entering the market, this is your chance to own a slice of coastal paradise with unmatched earning potential. Don't miss out - enquire today! Property Features Large one-bedroom ground floor unit with open plan layout Central galley-style kitchen Spacious living and dining area with a private courtyard Ceiling fans and new air-conditioning Great tenant already in place as managers unit Opportunity to add further value through a cosmetic facelift down the track Low body corporate levies Stone's throw from the beach 5.5-acre* site Resort Features & Amenities Two outdoor heated lagoon-style pools and spa's BBQ facilities and outdoor dining areas Children's activity playground, games room and kiddie's pool Location Features Proximity to restaurants, cafe's and public transport 150m to local parklands and the beach 300m to Broadbeach G:link Tram Station Within a 10 min walk to Pacific Fair Shopping Centre & The Star Casino For further information regarding this property, please contact Mitchell today! Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$3,146/month
$1,573 /fortnight
Loan $519,200 at 6.10% over 30 years

Upfront costs

Deposit$129,800
Stamp duty$22,230
Conveyancing (est.)$2,000
Total upfront$154,030
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mermaid Beach

This 1-bedroom apartment in Mermaid Beach, QLD 4218 sits within reach of public transport, local shops local amenities. It is listed 52% below the $1.35m median of 65 comparable apartmentswithin 5 km.

What's nearby

  • Broadbeach South (tram)380 m away
  • Unnamed1.3 km away
  • Unnamed741 m away
  • St Johns Park1.0 km away
  • Unnamed1.1 km away

Mermaid Beach at a glance

Full suburb profile
Population
7,329
Median age
35
Household income
$1,895/wk
Median rent
$460/wk
Median mortgage
$1,820/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mermaid Beach price trend

Median sold · Unit 1 bed

Compound growth +14.1% / yr over 4 yrs

$716kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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