SOLD
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Sold on 04 Nov 2024 for $695,550

109/26 Markeri Street
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 109/26 Markeri St, Mermaid Beach

109/26 Markeri St, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (November 2024)

Looking for a beachside escape with great potential? This is the one!

This top-floor 2-bedroom apartment, situated in the heart of Mermaid Beach, offers incredible value with its east and west-facing balconies capturing refreshing ocean breezes and natural sunlight. Ideal for entry-level buyers or savvy investors, this home presents an opportunity to add your personal touch and enjoy substantial capital growth.

With a bit of TLC, this apartment could be transformed into a stunning beachside retreat. The resort-style amenities, paired with an unbeatable location, create the perfect setting for relaxed coastal living or a high-yield investment.

Key Features:

Air-conditioning and ceiling fans throughout for year-round comfort.
Master bedroom with ensuite for privacy.
Spacious open-plan living and dining areas.
Well-appointed kitchen with modern appliances.
Secure parking and access to fantastic resort-style amenities, including a pool, tennis court, and gym.
Excellent rental yield of $750 per week, with low fees and rates.
Strong future potential with the proposed light rail station nearby, further boosting capital growth.

Dont miss the chance to invest in a property with loads of potentialschedule an inspection today and explore how you can add value while enjoying the benefits of beachside living!

Disclaimer: We have used our best endeavours to ensure the accuracy of this information but accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers and tenants should make their own enquiries to verify the information contained herein.

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Property History for 109/26 Markeri St, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$695,550
04 Nov 2024
  • 04 Nov 2024
    Sold for $695,550
  • 05 Aug 2024
    Listed for Sale Offers Over $699,000

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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 5,594 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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