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Sold on 05 Sep 2024 - Price Unavailable

6 Orvieto Avenue
Mermaid Waters QLD 4218

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 761m2
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Property Details for 6 Orvieto Ave, Mermaid Waters

6 Orvieto Ave, Mermaid Waters is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 761m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 8 bedroom BlockOfUnits sold in Mermaid Waters in the last 12 months.

Building Type
BlockOfUnits
Land Size
761m2
Local Government
Gold Coast City
Lot/Plan
1/SP170488

Last Listing description (September 2024)

Nestled within a serene waterfront setting, this block of four identical villas is primed for purchase, presenting an extremely unique opportunity. Perfectly positioned on a sprawling 761m2 block with 24 meters of wide waterfrontage and a private sandy beach, this collection of properties occupies an impressive allotment with boundless possibilities.

With separate titles in place and zoned medium-density residential, this rare property acquisition offers an array of options, whether you are looking to invest, land bank, or redevelop STCA. Located in one of the last residential streets before Mermaid Beach, it provides an idyllic blend of serenity and convenience, with the ocean only a short stroll away, along with vibrant café and dining options.

Currently comprising four two-storey villas, each boasting 2 bedrooms, 1 bathroom, and 1 car space, this offering represents an exciting prospect for astute buyers seeking an adaptable investment in a picturesque location.

Features include:
- Four individually titled, identical two-storey villas
- Idyllic investment opportunity with an array of possibilities
- Each villa comprised 2 bedrooms and 1 bathroom plus single carport
- Private upper and lower balconies with water views
- 761m2 block located on one of the last residential streets before Mermaid Beach
- Over 24m of pristine waterfrontage
- Impressive aspect with wide water views
- Only a short stroll to the beach, cafes, dining, and parks
- Private sandy beach
- Medium density residential zoning
- Redevelopment opportunity STCA

Suburb profile:
Centrally located to the very best the Gold Coast has to offer, Mermaid Waters provides relaxation and lifestyle second to none! Filled with an array of trendy cafes, restaurants and bars – you'll be spoilt for choice. Moments away from beaches, shopping mecca Pacific Fair, sports and recreation precinct Pizzey Park and Primary and High Schools. The waterfront properties offer direct ocean access, ideal for water enthusiasts and leafy parks and bikeways appeal to the outdoorsy type. A friendly community suburb, Mermaid Waters has something on offer for everyone.

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Property History for 6 Orvieto Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
05 Sep 2024
  • 03 Sep 2024
    Sold
  • 08 Aug 2024
    Listed for Sale Under Offer

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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 6,171 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 41 properties listed for sale, and 19 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Mermaid waters.

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