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Otto Mermaid Beach is a development of 70 apartments, each of which aims to encapsulate the lifestyle of Mermaid Beach, a waterside suburb of the Gold Coast. The two and three-bedroom apartments are quite spacious, with the open-plan living, dining and kitchen area allowing natural light inside in abundance.

  • 70 apartments over 8 levels: 62 two-bedroom apartments from $519,900 and 8 three-bedroom apartments from $769,900.
  • Located at 1 Bondi Avenue, Mermaid Beach, just 300m from the ocean.
  • Otto apartments are now complete.
  • The grand opening of the display suite scheduled for Saturday 13th of July.

Otto Mermaid Beach BBQ area
Otto Mermaid Beach pool and lounge area
Otto Mermaid Beach gym
Otto Mermaid Beach display apartment second bedroom
Otto Mermaid Beach display apartment living area
Otto Mermaid Beach display apartment third bedroom
Otto Mermaid Beach display apartment main bedroom
Otto Mermaid Beach display apartment kitchen
Otto Mermaid Beach display apartment living and dining area
Otto Mermaid Beach hinterland view from Level 6
Otto Mermaid Beach sea view from Level 6
Otto Mermaid Beach Display Apartment bathroom
Otto Mermaid Beach Display Apartment bedroom 3
Otto Mermaid Beach Display Apartment balcony
Otto Mermaid Beach Display Apartment kitchen
Otto Mermaid Beach Display Apartment living area
Otto Mermaid Beach Display Apartment dining area
Otto Mermaid Beach Display Apartment batjrpp,
Otto Mermaid Beach Display Apartment bedroom 2
Otto Mermaid Beach Display Apartment bedroom 1
Otto Mermaid Beach Display Apartment kitchen
Otto Mermaid Beach Display Apartment living room
Otto Mermaid Beach Display Apartment living room
Otto Mermaid Beach Display Apartment lobby

The Project

This development is targeted toward owner-occupiers, but it would also be worth considering as an investment, given it is only 1km from the Star Casino and the Broadbeach area, both of which are developing very rapidly. Most apartments in Otto have ocean or hinterland views. The apartments at Otto have excellent car parking available for residents, with all three-bedroom apartments and some two-bedroom apartments coming with two car parks. Extra parking spaces can also be purchased. The two-bedroom apartments range from 74m² – 88m² internally. These apartments are a great price compared to other new and off-the-plan two-bedroom apartment in the suburb of Mermaid Beach, especially considering the quality and finishes are also above average.

Otto Mermaid Beach has a traditional open-plan design providing maximum space in the living and dining areas, with good flow through to the balcony space. The floor-to-ceiling windows and curved balconies are designed to make the most of the Mermaid Beach lifestyle.

All apartments have air conditioning to the main living areas and all bedrooms. In the two bedroom apartments, the air conditioning is split-system, with the compressors being housed in a service area (this is great because it saves balcony space and avoids noise). The three-bedroom apartments have ducted air conditioning.

The estimated body corporate fees are $85 a week for the two-bedroom apartments and $112 per week for the three-bedroom apartments. At this point in time, there is no onsite manager.

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The Location

Otto is located at 1 Bondi Avenue, Mermaid Beach. This is the corner of Bondi Avenue and the Gold Coast Highway, ,eamong these apartments offer great transport connectivity. Mermaid Beach rapidly transforming into a vibrant village community with a much more relaxed atmosphere than other Gold Coast suburb. Residents of Mermaid Beach pride themselves on the close-knit vibe of the neighbourhood. However, the area has definitely seen a lot of growth and redevelopment over the last few years, as both the Pacific Fair Shopping Centre and the Gold Coast Light Rail have been renovated and upgraded. As the area around Broadbeach is growing, this area is transforming, and Otto is part of the new wave of development. Unlike Broadbeach and Surfers, Mermaid Beach is still primary low-set residential homes and the homes that run along the beach front are some of the most expensive on the Gold Coast.

Given how busy the Gold Coast Highway is, there will undoubtedly be noise carried into the apartments facing it (these are the beach-facing apartments). That said, being so close to the highway makes public transport from Otto extremely easy to come by. The two closest bus stops are less than two minutes walk away, and there are 11 bus stops within a 1km radius from Otto, making the spot ideal for commuters.

The closest schools are Broadbeach State School, which is for children in Prep – Year 6. Otto falls within the catchment area for this school, as does Miami State High School, which is for Grades 7 – 12. Both of these schools are less than five-minutes drive away, meaning that Otto is well-placed for small or growing families.

Communal Facilities

Every apartment comes with air conditioning and the building includes a wide selection of amenities, such as the pool, gym, cabana terrace, and a covered outdoor dining and lounge balcony with a BBQ. Every resident has access to the underground basement, but 22 of the two-bedroom apartments also have two side-by-side car spaces.

Written: 10 July 2018, Updated: 2 October 2020

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We would love to hear your thoughts on this project.

Have you visited this project recently, or perhaps you live nearby or bought in a neighbouring building? Tell us what you love about this project, or perhaps what you don't.

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Anthony fowke
Anthony fowke
3 years ago

I did buy off the plan and await the project rise from the ground .i pass the site once a week.the only downside is the highway but i am on level 6 so maybe not so bad.still that is a small compromise fo a great location

Sarah Tayler
3 years ago

Hi Anthony, how exciting. We bet you can’t wait to move in! The possible noise could be an issue, but ease of access to the highway, great public transport and being only a few hundred metres from the beach will be incredible! We would love to see some pictures when you move into your new apartment. Sarah Tayler, PropertyMash Editor.

Anthony
Anthony
2 years ago
Reply to  Sarah Tayler

Anthony here OTTO is entering it’s final stages can’t wait to see the real building

Brian Joyce
Brian Joyce
2 years ago

I also bought off the plan , living in a big 4 bed home and huge block can not wait to be surprised as to what awaits me only downfall as of now is a great light poll out front and prey it may go.

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