3/10-16 Alexandra Avenue, Mermaid Beach, Qld 4218

$700,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, March 10, 2026 ( See property details for 3/10-16 Alexandra Avenue, Mermaid Beach, Qld 4218)

$700,000

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A modern, low-maintenance one-bedroom apartment in a prime beachside location with resort-style amenities and a long-term tenant in place, ideal for investors seeking high capital growth and hassle-free income.

🏡 Property Highlights

  • Prime beachside location just 150m from the sand
  • Currently leased with a tenant until April 2027, offering hassle-free income
  • Low-maintenance, modern apartment with open plan layout
  • Resort-style amenities including heated lagoon pools and BBQ facilities
  • Excellent investment opportunity with high capital growth potential
  • Close to cafes, shops, public transport, and local attractions

✨ Key Features

  • Open-Plan Living
  • Air Conditioning
  • Ceiling Fans
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Open-Plan Living
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Mermaid Beach is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant cafe culture, and proximity to major attractions. It offers excellent walkability, a relaxed lifestyle, and strong capital growth prospects, making it ideal for both investors and lifestyle buyers. The area features a mix of luxury residences, family-friendly parks, and convenient access to public transport and entertainment venues.

What is the current rental income and lease terms?
The property is currently leased with a tenant in place until April 2027, providing a secure income stream for investors.
What amenities are available in the resort complex?
The complex features two outdoor heated lagoon-style pools, spas, BBQ facilities, outdoor dining areas, a children's playground, games room, and kiddie's pool.
Is there potential to add value to the property?
Yes, there is an opportunity to enhance the property through cosmetic updates and a facelift in the future.
How close is the property to local attractions and transport?
The property is just 150m from the beach, 300m from Broadbeach G:link Tram Station, and within walking distance to Pacific Fair Shopping Centre and The Star Casino.
What are the body corporate levies?
The property benefits from low body corporate levies, making it cost-effective to maintain.
Are there any upcoming or planned developments in the area that could affect the property's value or enjoyment? What are the total strata or body corporate fees, including any special levies? Are there any restrictions or easements on the property that could impact future renovations? Has the property been inspected for structural issues or pests? Is the property located within a flood or bushfire-prone zone? Are there any ongoing or upcoming maintenance or repair works within the complex? What are the zoning regulations and permissible uses for the property? Are there any restrictions on short-term or holiday rentals in this complex? Is there any history of noise or neighbour disputes in the complex? Are there any planned changes to public transport or infrastructure that could influence the area?

3/10-16 Alexandra Avenue, Mermaid Beach, Qld 4218 - More Details

$700,000

Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

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