OFF MARKET

1/25 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 105m2
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Property Details for 1/25 Duet Dr, Mermaid Waters

1/25 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 105m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
105m2
Local Government
Gold Coast City
Lot/Plan
1/SP275616

Last Listing description (December 2022)

Showing by Appointment only.

Located on the ground floor in a small boutique building of only 7 this fully renovated apartment comes with a unique exclusive use area of deck and side yard of approx. 85m all enjoying this fabulous waterfront position.

An easy care and low maintenance apartment with tiled living areas, separate laundry, and heaps of storage. Single lock up garage, 2 bedrooms with big built-ins, 1 bathroom and modern kitchen, anyone would be happy to call this home.

Walk to an array of public transport, light rail stations, restaurants, bars and cafes, and after a long day, you can enjoy the serenity and watch the sun set over the water.

Simply grab your bags and move in as this property is being sold fully furnished which will allow you to kick back and relax as there is nothing left to do in this immaculately presented waterfront home.

Property Features:
Ground floor position
Absolute waterfront
Two bedrooms with built-ins
Separate laundry
Crimsafe security
Two Air-Conditioners
Modern kitchen with wall oven, hotplates and dishwasher
Plenty of storage
Solar system
Single lock up garage with remote
Low Body Corporate
Communal pontoon exclusive to building for fishing and boating
Only 7 units in the building
Fully furnished

Property Specifics:
Body Corporate: $46.73* per week
Council Rates: $529.74* half yearly
Water Rates: $302.29* per quarter
Rental Appraisal: $550 - $600* per week

*Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 1/25 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$715,000
23 Nov 2022
  • 23 Nov 2022
    Sold for $715,000
  • 14 Jul 2022
    Listed for Sale $725,000
  • 07 Feb 2020
    Sold for $485,000
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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 6,178 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 103.10% increase in median value, while Units have seen a 102.32% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Waters is $1,874,168 while the median value for Units is $814,080.
  • Houses have a median rent of $1,150 while Units have a median rent of $730.
There are currently 42 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.