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Sold on 25 Oct 2024 for $2,650,000

46 Gretel Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 979m2
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Donovan + Co. Property Specialists Burleigh Heads
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Property Details for 46 Gretel Dr, Mermaid Waters

46 Gretel Dr, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 979m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1982
Land Size
979m2
Local Government
Gold Coast City
Lot/Plan
531/RP136075

Last Listing description (November 2024)

Nestled in a peaceful cul-de-sac, this unique property offers a rare opportunity to create your dream waterfront home on a huge 979m? block. With 27.8 meters of canal frontage, this east-facing gem boasts breathtaking views and the perfect aspect for capturing natural light and cooling breezes.

Whether you're looking for a knock-down rebuild or a renovation project, this location provides endless potential. Enjoy easy access to the water right from your backyard, creating the ultimate lifestyle for boating, fishing, or simply capturing the sunrise over the water of a morning.

Property Highlights:

? Prime 979m? east-facing block in a quiet cul-de-sac
? 27.8 meters of canal frontage - ideal for waterfront living

House Features:

? 3 beds, 2 bath + office space
? Spacious outdoor areas perfect for entertaining, with canal views
? Pool
? Double garage with additional space for storage

Don't miss this opportunity to secure a waterfront property in a sought-after location, offering the potential to transform or rebuild. Embrace the lifestyle of canal-front living in a quiet, private setting.

Location

? Pacific Fair - 2 Minute Drive
? Broadbeach - 5 Minute Drive
? Mermaid Beach - 5 Minute Drive
? Star Casino - 5 Minute Drive
? Nobbys Beach - 6 Minute Drive
? Burleigh Heads - 15 Minute Drive
? M1 - 20 Minute Drive

Schools

? Catchment for Broadbeach State School 1.2km & Merrimac State High School 1.4km
? St Vincents Primary School 2.9km
? Varsity College 4.09km
? All Saints, Somerset College & Kings Christian College within - 15-to-20-minute drive

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

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Property History for 46 Gretel Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,650,000
25 Oct 2024
  • 25 Oct 2024
    Sold for $2,650,000
  • 30 Sep 2024
    Listed for Sale AUCTION!
  • 17 Apr 1993
    Sold for $265,000
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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 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Mermaid waters.

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