OFF MARKET

63 Avanti Street
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 223m2
Land area: 703m2
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Property Details for 63 Avanti St, Mermaid Waters

63 Avanti St, Mermaid Waters is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 703m2 and floor size of 223m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1975
Floor Size
223m2
Land Size
703m2
Local Government
Gold Coast City
Lot/Plan
269/RP133289

Last Listing description (June 2023)

Developers, we've found your next perfect project! Situated a mere 650m stroll from the sand and surf of Mermaid Beach, this coveted location promises enticing potential. Spanning a generously-sized 703m2 corner allotment, capitalise on the DA Approval already in place for three tri-level luxury villas which will redefine contemporary coastal living.

This purchase will come with development approval for 3 Villas. Each will offer 4 bedrooms, 2 bathrooms and 2 powder rooms, with gourmet kitchens and inviting spaces to relax and entertain. Open-plan living and dining zones flow freely onto an alfresco terrace with built-in BBQs, while the top level is dedicated to a rumpus room with wet bar that opens to a balcony. Two villas include a carport with the other including a covered garage. Two villas also boast sparkling inground pools!

Currently, a classic brick and tile low-set home sits onsite. Featuring 3 bedrooms, 1 bathroom and an inground pool, it's in well-kept original condition. Why not explore your option to rent it out while finalising your designs and finishes?

Perched in a prime location, take advantage of being walking distance to a host of popular amenities. Savour the sand beneath your toes in minutes and be spoilt for choice where to grab your morning coffee or enjoy a delicious meal. Parks are plentiful (there's even one at the end of your cul-de-sac) plus the newly opened Mermaid Plaza is just 1km away, where you can stock up on supermarket supplies. Additionally, Pacific Fair, Star Casino and vibrant Broadbeach are mere moments from home. Seize the chance to capitalise on this blue-chip development opportunity and arrange an inspection today.

Property Specifications:
Generously sized 703m2 corner block 650m stroll from Mermaid Beach
DA Approval already in place for three tri-level luxury villas
Each villa will be individually titled
Each villa boasts 4 bedrooms, 2 bathrooms, 2 powder rooms, a rooftop entertaining lounge plus open plan
living and dining zones that flow freely onto an alfresco terrace
Two of the villas also feature a pool
Currently hosts a classic, original condition brick and tile 3 bed, 1 bath home with pool
Prime location, walking distance to beach, parks, cafes, restaurants and new Mermaid Plaza
Close to Pacific Fair, Star Casino plus Broadbeach and Nobby Beach eateries and entertainment

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We have in preparing this information used our 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 purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 63 Avanti St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,850,000
24 Apr 2023
Listed for Rent
$750/w
19 Jun 2022
  • 24 Apr 2023
    Sold for $1,850,000
  • 05 Apr 2023
    Listed for Sale Auction Cancelled
  • 10 Jun 2022
    Listed for Rent $750 / 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 6,178 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 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 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.