41/10-16 Alexandra Avenue, Mermaid Beach QLD 4218

Two-bedroom unit in beachside complex | solid owner-occupier tenure | recent comparable sales above $800k | walk to beach and Broadbeach. This unit sits inside a well-established Mermaid Beach complex where long-term ownership dominates, signalling a stable, well-managed building with limited speculative turnover. The two-bedroom, two-bathroom configuration with secure parking fits the tightest segment of the Gold Coast apartment market,the one most sought by downsizers, professionals, and investors seeking low-maintenance beachside living. Recent sales in the same complex at $780k–$815k, with annual growth of 2–10%, confirm demand has held through market shifts. The shared pool and outdoor spa add lifestyle appeal without the cost of a standalone house. This property best suits a buyer wanting immediate occupancy in a proven location, with rental upside of $900–$950 per week if required. The primary risk is that this unit sits within a large complex on a 2.21-hectare site, meaning individual lot sizes are minimal and body corporate fees will reflect shared amenity. No flood, bushfire, or heritage overlays reduce insurance and compliance surprises. The opportunity lies in the complex’s historical growth trajectory,units held over eight years returned over 10% annualised,suggesting patient buyers benefit from compounding location value. Hold this property as a permanent residence or a medium-term rental; its edge is walkability and tenure stability, not short-term speculation.