FOR SALE
Auction

98 Rumrunner Street
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 633m2
Auction Time
Thu 17 Oct 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Owner Committed Elsewhere - Entry Level Single Storey Home In Highly Sought After Location - Must Be Sold On Or Before Auction Day!

For the first time offered to the market in 43 years, this single storey home sprawling across a large 633m2 North facing elevated block is ripe for renovation or to knock down and rebuild your dream home in a superb location. Offering three generous sized bedrooms plus a spacious sunroom or second living area this is a must to inspect today before it's too late.
Upon entering, you are greeted with a massive open plan living which connects through to your formal dining area adjoining the oversized kitchen. All living areas flow through to the large sunroom/second living area overlooking the backyard. The home also has a great deal of storage throughout, a large bathroom with separate toilet and access to the secure garage with further room for storage.
Position is the key when buying in Mermaid Waters - central to Pacific Fair Shopping Centre, Mermaid Waters Q Store Shopping Centre, Robina Town Centre, multiple golf courses, Bond University and only minutes to cafes, restaurants, Gold Coast's finest beaches and schools including The Southport School and the Gold Coast Light Rail.
This property absolutely must be sold and we welcome you to inspect and take in what this property and opportunity has to offer.
Property Specifications:
- Prime location in an extremely quiet street
- Three generous bedrooms plus large living & dining areas
- Seamless indoor/outdoor entertaining areas
- Plenty of storage throughout plus lock up garage
- Presents a blank canvas for a renovation, new build or savvy investment
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Property Details for 98 Rumrunner St, Mermaid Waters

98 Rumrunner St, Mermaid Waters is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 633m2. The place is currently for sale with Ray White - Prestige Gold Coast.

Building Type
House
Land Size
633m2

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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 109.39% increase in median value, while Units have seen a 99.43% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Waters is $1,872,145 while the median value for Units is $801,533.
  • Houses have a median rent of $1,200 while Units have a median rent of $720.
There are currently 44 properties listed for sale, and 23 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Jackson Paradise
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Tyler Wright
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Ray White - Prestige Gold Coast
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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.