SOLD
Sold on 06 Mar 2024 for $3,700,000

38 Gretel Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 247m2
Land area: 1050m2
Sold By
Amir Prestige Group Mermaid Beach
Save

Property Details for 38 Gretel Dr, Mermaid Waters

38 Gretel Dr, Mermaid Waters is a 4 bedroom, 3 bathroom House and was built in 1990. The property has a land size of 1050m2 and floor size of 247m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
247m2
Land Size
1050m2
Local Government
Gold Coast City
Lot/Plan
535/RP136075

Last Listing description (June 2024)

POINT POSITION - NORTH FACING - SKYLINE VIEWS - 1050m BLOCK WITH 38.4m WATER FRONTAGE

Thats what 38 Gretel Drive, Mermaid Waters offers.

What an amazing unparalleled investment opportunity this property represents. This address offers picturesque vistas of the Broadbeach skyline and expansive water views. Positioned on a generous 1050*m2 block, with 38.4*m of northeast facing water frontage, these opportunities are rare.

The current residence showcases a desirable floor plan encompassing 4 bedrooms, 3 bathrooms, 2 living areas, and a well-appointed chef's kitchen.

The luxurious master suite is a highlight, featuring an ensuite with a spa, a walk-in robe, and panoramic views of the pool, waterfront, and skyline. Designed for seamless entertaining, the outdoor space boasts a pool overlooking the serene waters, providing a beautiful setting for gatherings with loved ones.

Conveniently situated, this home enjoys a prime location close to premier shopping destinations such as Pacific Fair and Q Super Centre, as well as reputable schools and various public transport options. With its proximity to pristine beaches, vibrant bars, charming cafes, and renowned restaurants, residents are offered a dynamic lifestyle.

Currently, the property is leased to a tenant for $1200 per week until 7/06/2024, with an appraisal representing a significant higher return.

For more information or to arrange a viewing, please contact our exclusive agents:

Kimberly Minatti: 0401 637 734
Lisa Cordaro: 0402 867 770

* Approximately

Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 38 Gretel Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$3,700,000
06 Mar 2024
Listed for Rent
$900/w
02 Jun 2021
  • 06 Mar 2024
    Sold for $3,700,000
  • 27 Feb 2024
    Listed for Sale SOLD BY KIM & LISA!
  • 21 May 2021
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 47 properties listed for sale, and 24 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.