SOLD
Sold on 09 Jun 2024 for $2,801,000

74 Sovereign Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 261m2
Land area: 841m2
Sold By
Brooke Henley-Smith
Professionals John Henderson Real Estate
Luke Henderson
Professionals John Henderson Real Estate
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Property Details for 74 Sovereign Dr, Mermaid Waters

74 Sovereign Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 841m2 and floor size of 261m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
261m2
Land Size
841m2
Local Government
Gold Coast City
Lot/Plan
651/RP138951

Last Listing description (August 2024)

Our client has purchased another property and so requires an immediate sale so do not miss out on an inspection! Offers will be considered prior to auction.

Situated on a larger 841m2 block with a wide 26 metre water frontage, you can enjoy the best of both worlds - waterfront living and a lifestyle by the beach as this house is one of the rare few canal waterfronts located within an easy stroll to the patrolled beach.

Set all on the one level and designed with easy living in mind, this contemporary home is an entertainers dream as it offers a free-flowing layout with indoor/outdoor living spaces, making it perfect for entertaining on the waterfront or simply enjoying the beautiful Gold Coast climate by the pool. Featuring 4 bedrooms including a master with ensuite and WIR, this much-loved home is perfect for the growing family. The gourmet kitchen is complemented by a large stone island bench, plenty of storage and stunning views out to the water.

Not only will the inground pool be an attraction, but the avid boatie or keen water enthusiast will relish in the wide water frontage with sandy beach, boat ramp, private jetty and access to the Main River. Enjoy every day like on holiday right at home as you jump on the jet ski's or cruise through the stunning waterways at your leisure. The wide outlook onto the water is impressive and the width is outstanding. Relax and unwind overlooking the water and beautiful sunsets and every time you capture this view, you'll be glad you purchased this home!

Nestled in a coveted waterfront locale, this property presents boundless opportunities for renovation, expansion, or complete customisation if that is your preference, to create the waterfront dream home you've always envisioned.

Features Include:
Four bedrooms
Two bathrooms (master with ensuite) & walk-in robe
Modern custom gourmet spacious kitchen and living areas
Wide water frontage (approx. 26m) with stunning views out to the Gold Coast hinterland
Double lock up garage with internal access + 2 extra off-street car spaces
Swimming pool
Boat ramp & jetty
Large 841m2 block
Easy walk to the beach
Highly sought after Mermaid Waters street
Minutes to patrolled beaches, trendy cafes and restaurants
Zoned Ducted air-conditioning & ceiling fans throughout
Solar hot water
New outdoor timber decked area with Pergola
Location, Location, Location

So close to the new Mermaid Plaza that offers all the conveniences of a Woolies Metro, butcher, chemist and GP clinics. Enjoy major shopping at Pacific Fair while only minutes from cosmopolitan Broadbeach, Casino, Convention Centre and the white sandy surf beach of Mermaid Beach.

Positions like this do not last long - Contact Brooke Henley-Smith or Luke Henderson to arrange your viewing today!

Council Rates: approx. $5,450 per annum (approx.)

Auction - Sunday 9th June, 12pm On Site (If not sold prior)
Auction Conditions - 5% Deposit, Settlement 15th August 2024

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

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 only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 74 Sovereign Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,801,000
09 Jun 2024
Listed for Rent
$1.30k/w
13 Oct 2022
  • 09 Jun 2024
    Sold for $2,801,000
  • 16 May 2024
    Listed for Sale AUCTION
  • 21 Sep 2022
    Listed for Rent $1,300 / 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 6,179 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.

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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.