FOR SALE
Offers Over $699,000

109/14-26 Markeri Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
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Affordable Beachside Living with Endless Potential

Seeking a beachside retreat at an unbeatable price? Your search is over!
This top-floor 2-bedroom apartment offers stunning east and west-facing balconies, capturing ocean breezes and abundant sunlight. Set in Mermaid Beach, this home is perfect for entry-level buyers or investors looking for an excellent return on investment. The complex boasts resort-style amenities, creating a true tropical escape.
Features You’ll Love:
- Air-conditioning and ceiling fans throughout.
- Master bedroom with an ensuite.
- Open-plan living and dining spaces.
- Well-equipped kitchen with modern appliances.
- Secure parking and resort-style amenities, including a pool, tennis court, and gym.
- Excellent rental yield at $750 per week, plus affordable fees and rates.
- Future capital growth with a proposed light rail station nearby.
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Property Details for 109/14-26 Markeri St, Mermaid Beach

109/14-26 Markeri St, Mermaid Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 87m2. The place is currently for sale with ADS Realty.

Building Type
Apartment
Floor Size
87m2

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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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Alex Spinks
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ADS Realty
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