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Sold on 02 Oct 2024 - Price Unavailable

42 Fairsky Avenue
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Floor area: 262m2
Land area: 613m2
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Property Details for 42 Fairsky Ave, Mermaid Waters

42 Fairsky Ave, Mermaid Waters is a 5 bedroom, 4 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 613m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1978
Floor Size
262m2
Land Size
613m2
Local Government
Gold Coast City
Lot/Plan
1170/RP139187

Last Listing description (October 2024)

42 Fairsky Avenue is an exquisite home, in the prestigious suburb Mermaid Waters positioned in a quiet tranquil cul-de-sac. This extensively renovated property offers an ideal dual-living setup, catering to large families or savvy investors. The two separate entrances provide privacy, making this home a unique find.

The main residence features 3 spacious bedrooms and 3 bathrooms and 2 car garage plus 2 cover secure car park, all set on a 613m block. A newly installed, powder-coated aluminium fence encloses the property, ensuring both security and style. The lower level of the main residence is a haven of luxury, boasting a vast Hampton's-style kitchen complete with Calcutta Azuro marble countertops and splashbacks, double farmhouse sinks and abundant storage with two-pac shaker profile cabinetry, brushed gold fixtures. The open plan living and dining areas flow seamlessly into a stunning media room where the winter chill can be warmed by the Moda Living Concerto electric fireplace. Glass sliders open to reveal an incredible swimming pool and outdoor area where entertainment can always be offered. The master bedroom, with its ensuite bathroom, also opens directly onto this outdoor oasis, creating a perfect blend of indoor and outdoor living.

Outside, the entertainment area is designed for both relaxation and hosting, featuring a motorized, lit pergola and chic porcelain tiles that extend around the pool. The tropical white pool, recently renovated with pebble crete and glass waterline tiles, is enclosed by a frameless glass fence, offering a resort-like ambiance that transports you to a serene coastal paradise. The expansive grassed yard is perfect for children and pets to play, while an external bathroom ensures convenience after a dip in the pool.

The upper level of this home features a fully self-contained unit with 2-bedroom, including walking robe in the master bedroom, one renovated bathroom, perfect as a serene retreat for discerning parents or an ideal haven for teenagers, complete with a separate entrance, kitchen, lounge, and balcony with stunning views of the pool, Surfers Paradise skyline, and hinterland. Currently operating as a successful Airbnb, this space offers a substantial income stream but can be easily adaptable to suit your needs.

Additional features of this remarkable property include Crimsafe screens, CCTV throughout, a double lock-up garage, new carport, and mudroom. The home is ideally located within walking distance to lakeside parks, public transport, and Mermaid Waters Shopping Village, and just 2km from the white golden sandy beach. Sports enthusiasts will appreciate the proximity to Pizzey Park Olympic Swimming Pool, newly built State of the art skateboard and BMX Park, while shopping and dining options abound at nearby Pacific Fair, Nobby Beach, and Broadbeach.

Don't miss the opportunity to secure this modern coastal haven with significant investment potential. Inspect today and experience the luxurious lifestyle that awaits!

Call Ludovic 0481 466 688 or Francois 0422 033 165 today...

Property History for 42 Fairsky Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
02 Oct 2024
Listed for Rent
$890/w
13 Mar 2020
  • 02 Oct 2024
    Sold
  • 22 Aug 2024
    Listed for Sale $2,200,000
  • 30 Apr 2024
    Listed for Sale Interest above $2,100,000
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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 6,176 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 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Mermaid waters.

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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.