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

For Sale

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

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

$700,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

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

$700,000

Mitchell Wynne - Real Estate Agent - McGrath Estate Agents Southport

Mitchell Wynne Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

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

Suburb and Property Insights of Mermaid Beach, QLD 4218

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

* Video walk-through available *

* Current tenant in place until April 2027 *

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
• 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.

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Parkings: 1

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Mitchell Wynne

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

$700,000

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