2/2589 Gold Coast Highway, Mermaid Beach QLD 4218

King-sized bedroom | renovated kitchen and bath | small block of nine | beachside highway position This property offers a rare combination of a genuinely spacious single-bedroom layout with contemporary finishes in a tightly held Mermaid Beach block of only nine units. The renovated kitchen and bathroom reduce immediate capital outlay, while the undercover parking and reliable connectivity add everyday convenience. For a buyer seeking a low-maintenance beachside foothold—whether as a first home, a lock-and-leave base, or a rental holding in a prime coastal corridor—this unit competes on immediate livability and scarcity of supply in this price tier. The primary risk is the Gold Coast Highway position, which brings ambient traffic noise and may limit future capital growth compared to a quieter street setting. The conflicting land-size data (58m² versus 253m²) signals caution around strata entitlement versus actual footprint, and the absence of recent comparable sales makes precise valuation difficult. The opportunity lies in negotiating below the $699,000 guide given the estimated $661,000 benchmark and the unit’s lack of inspection traffic. Hold for steady rental yield or as a stepping stone into the Mermaid Beach market.