SOLD
RECENT ADVICE
Sold on 10 May 2024 for $1,875,000

41006/24 The Lanes Boulevard
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 41006/24 The Lanes Bvd, Mermaid Waters

41006/24 The Lanes Bvd, Mermaid Waters is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Apartment sold in Mermaid Waters in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
41006/SP325705

Last Listing description (May 2024)

Exciting opportunity to secure a newly completed upgraded 3 bedroom plus multi purpose room in the highly sought-after final stage of "The Lanes Residences". This expansive three-bedroom unit boasts two living areas and is adorned with premium finishes throughout, including high ceilings, engineered timber flooring, and a designer kitchen featuring luxurious New York Marble countertops.

With a generous 190sqm of living space, this residence offers full-height windows that frame breathtaking panoramic views encompassing the Broadbeach City Skyline, the ocean, Lake Unity, and the picturesque Hinterland.

Conveniently situated in a central location, The Lanes Residences are just a five-minute drive from the vibrant retail and dining hubs of Broadbeach, Pacific Fair, and The Star Hotel and Casino. Surrounded by renowned surf beaches, the Q Centre shopping center, top-tier primary and secondary schools, and with direct access to the M1, this location offers unparalleled convenience.

Ideal for downsizers without a compromise on space, quality, or location, this sub-penthouse presents a unique opportunity to embrace luxurious coastal living at its finest.

Property Specifications:
• Brand new 190sqm apartment in the prestigious 'The Lanes' development
• Floor-to-ceiling windows offer stunning 180-degree panoramic views of water, skyline, and mountains
• Three spacious bedrooms, all with views, plus an additional large multi-purpose room
• High-quality fit-out with upgraded finishes and fully ducted air-conditioning
• Engineered timber flooring throughout main areas, complemented by carpeted bedrooms
• Impressive high ceilings, custom cabinetry, and lighting fixtures
• New York marble benchtops, high gloss cabinetry, and mirror splashback in the kitchen
• European appliances include dishwasher, oven, induction cooktop, and integrated fridge
• Separate laundry equipped with a dryer and ample storage space
• Two car spaces available in a secure basement car park, along with two additional storage cages
• Access to residents' amenities, including a Technogym-equipped gym, resort-style pool, sauna, two outdoor BBQ terrace areas, and a resident's lounge overlooking Lake Unity.

Council Rates: Approx. $865.42 half yearly
Rental Appraisal: Approx. $1,500 - $1,600 per week
Sinking Fund Balance: $118,782.72 AS AT 19 APRIL 2024
Body Corporate: Approx $125 per week

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 41006/24 The Lanes Bvd, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,875,000
10 May 2024
Listed for Rent
$1.60k/w
31 Jul 2024
  • 31 Jul 2024
    Listed for Rent $1,600 / week
  • 10 May 2024
    Sold for $1,875,000
  • 17 Apr 2024
    Listed for Sale Auction
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 6,191 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 46 properties listed for sale, and 25 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Contact agent
Gypsea Youngsmith
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Ray White Burleigh Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.