SOLD
Sold on 24 Mar 2024 for $650,000

37/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 527m2
Sold By
North GC Realty
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Property Details for 37/111 Markeri St, Mermaid Waters

37/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
90m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
37/BUP5255

Last Listing description (May 2024)

How amazing is this location!
Stepping behind the security gates you immediately feel at ease in the lush tropical gardens, feeding the resident swans or just watching the evening sunset and a spot of fishing from the jetty overlooking Lake Intrepid.

This well presented 2brm unit is tucked away at the end of the block with views to the water, large modern kitchen with abundance of cabinet space which is perfect for the gourmet cook and plenty of room for entertaining with the open plan living area which flows outside to a spacious tiled balcony.

Features:
- 2 bedrooms with built in robes & ceiling fans
- Front and rear balconies to capture the flow through breeze
- Large modern kitchen
- Airconditioned Living area
- Single Lock Up Garage
- 2 Swimming pools

Sanctuary Apartments is a gated community, perfect for the security conscious, has two swimming pools, boat ramp and communal jetty. The lawns and gardens are meticulously maintained by the caretaker which leaves you to simply enjoy the resort style living without having to lift a finger.

A few important numbers to know;
- 250 metres to local shops
- 2.3 klm to Pacific Fair
- 2.4 klm to beach
- 2.8 km to Star Casino
- Low body corporate fees of approx. $65 per week if paid on time

This property will suit many a buyer, it is located within walking distance to one of Queenslands most Premier shopping centres, close to the Beach and only a hop skip and jump to the trams and Casino. All the vibrancy of Broadbeach is less than 3km away, as is Nobby's Beach village with its eclectic range of boutiques and cafes. Acclaimed schools and Bond University await within a ten minute radius, with sporting haven, Pizzey Park.

Disclaimer: In preparing this information North GC Realty has used its 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 buyers should make their own enquiries to verify the information contained herein.
Photos used in advertising may differ from the current state of the property. We endeavour to use the most up to date photography, however this may not be feasible to protect our current tenants' privacy. Photos may include the use of virtual furniture.

Property History for 37/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Mar 2024
Listed for Rent
$580/w
25 Sep 2023
  • 24 Mar 2024
    Sold for $650,000
  • 18 Mar 2024
    Listed for Sale Not Disclosed
  • 20 Sep 2023
    Listed for Rent $580 / week
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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 6,176 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 46 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 335 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.