10 Cadence AvenueMermaid Waters QLD 4218
Property Details for 10 Cadence Ave, Mermaid Waters
10 Cadence Ave, Mermaid Waters is a 6 bedroom, 3 bathroom House with 6 parking spaces and was built in 1982. The property has a land size of 1088m2 and floor size of 360m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (May 2020)
Premium waterfront north-facing residence or development site with DA approval.
Currently a six bedroom two story stately residence returning excellent returns, located on a flat 1100m2 corner block with city views from the second floor. With space and room for the ultimate residence or maybe more, this blue-chip purchase won't last long.
* Six beds, three baths, four car-garage with space for ten secure carparks
* Multiple living spaces with views over to city
* Full fenced with large yard, abundance of space and storage
* It's about lifestyle; the water, quiet street, prominent area, walk to shops
* Current residence returning up to $800 per night Airbnb
* $1350 - $1400 per week permanent rental return
DEVELOPMENT PROPOSITION
* Each townhouse x (3) comprises of 4 beds, 3 baths and DLUG
* Amazing rooftop terraces with observatories and stunning views
* Living spaces open to courtyards, separate dining areas
* Upstairs living spaces open to balconies, island kitchens
* Home office/fifth bedrooms, internal access from DLUG
* Common pool, cabana and lawn right on the waterfront
* Common pontoon on prime canal with ocean access
* Plans prepared by Dignam Design - available upon request
* Wide leg-to-water lawn - easy access for boats/watercraft
* Minutes to shops, schools, cosmopolitan eateries and beach
Contact Justin Schmith on +61 422 051 505
Property History for 10 Cadence Ave, Mermaid Waters, QLD 4218
- 05 Mar 2020Sold for $1,360,000
- 10 Sep 2019Listed for Sale Not Disclosed
- 06 Mar 2019Listed for Rent $1,250 / week
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0About 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.
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