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Sold on 20 Sep 2024 for $902,000

8/99-103 Sunshine Boulevard
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 8/99-103 Sunshine Bvd, Mermaid Waters

8/99-103 Sunshine Bvd, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Local Government
Gold Coast City
Lot/Plan
8/GTP325

Last Listing description (September 2024)

Case Study:
Method of Sale: Auction
Days on Market: 18

OFI Attendees: 33
Online Enquiries: 30
Views Online: 2,808

This is an incredible opportunity to experience a lifestyle of exclusivity and convenience in the heart of Mermaid Waters. Flooded with natural light with sensational wide water views, this single level brick and tile residence is an absolute blank canvas for someone to make their own or a savvy investment opportunity to simply land bank and hold for the future.

An absolute renovators delight benefiting from high vaulted ceilings, exposed beams, brick work and light-filled living and dining spaces which flow seamlessly to the covered patio capturing stunning water vistas and cool coastal breezes all year round. Overlooking the lawn and sandy beaches outside, this space creates the perfect setting to unwind of an afternoon and enjoy a beautiful sunset.

Well-equipped open plan kitchen positioned as the heart of the home with plenty of storage and separate laundry with external access to an atrium. Two generously sized bedrooms both with built-in robes. Master bedroom benefiting from uninterrupted water views and ensuite. Well-kept immaculate main bathroom and additional east facing private courtyard.

Perfectly positioned within a boutique complex of only 13 units, this property is situated in one of the most sought-after locations on the Gold Coast and within walking distance to Pacific Fair Shopping Centre, Star Casino and the Gold Coast Exhibition Centre. A short stroll to Albert Waterways, an array of public transport, light rail stations, restaurants, bars and cafes. After a long day, you can enjoy the serenity and watch the sun set over the water.

Property Features:
• 2-bedroom, 2-bathroom single level waterfront unit
• Stunning water views
• Absolute renovator's delight with unmatched potential
• High ceilings with exposed beams and brick work
• Large, covered patio overlooking lawn and sandy beaches out to beautiful water views
• Well-equipped open plan kitchen with plenty of storage
• Separate laundry with external access to atrium
• Two generously sized bedrooms both with built-in robes
• Master bedroom with sensational water views and ensuite
• Main bathroom with bathtub and separate toilet
• Single lock up garage plus driveway parking
• Small boutique block of only 13 units
• Solid in construction, low maintenance property
• Low body corporate and pet friendly
• Within walking distance to Pacific Fair, Star Casino, Gold Coast Exhibition Centre, Albert Waterways, public transport, light rail stations, restaurants, bars and cafes

Property Specifics:
• Council Rates: $1,011.90* per half year
• Water Rates: $347.48* per quarter
• Body Corporate: $42.56* per week (subject to 10% discount)
• Rental Appraisal: $800 - $850* per week
Approx*

Disclaimer: 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. 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.

Property History for 8/99-103 Sunshine Bvd, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$902,000
20 Sep 2024
  • 20 Sep 2024
    Sold for $902,000
  • 29 Aug 2024
    Listed for Sale Auction In rooms
  • 28 Jul 1995
    Sold for $150,000
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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 6,179 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.