356 Rio Vista Bvd, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 613m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Welcome to your opportunity in the heart of Mermaid Waters! This well-maintained, solid brick, single-level family home is a canvas ready for your personal touch. Situated on a spacious 612sqm block, this property offers both potential and an excellent location.
With a tidy appearance, the home features two separate lounge rooms, providing flexibility to convert one into a fourth bedroom if desired.
Kids and pets will enjoy the ample space, whether splashing in the swimming pool or playing on the lush green grass of the large fully fenced backyard. Take a short walk to Lake Hugh Muntz, a beautiful freshwater lake perfect for a refreshing swim or a relaxing picnic.
Currently rented for $850 per week, this residence presents an excellent investment opportunity with the chance to transform it into your dream home. Take the opportunity to infuse new life into this Mermaid Waters gem and create a personalised living space for you and your family.
Property Features:
- Well presented home all on a single level
- 3 bedrooms, master with en-suite and walk in robe
- 2 bathrooms
- 2 separate lounge rooms, convertible to a 4th bedroom
- Inviting swimming pool
- Large backyard oasis
- 612sqm block in a prime Mermaid Waters location
- Neat and tidy home with great bones ready to cosmetically enhance or rebuild your dream home
- Close proximity to the beach, schools, and Pacific Fair Shopping Centre
- Council Rates: $2,200 per annum (approx.)
- Water Rates: $1,800 per annum (approx.)
- Rental Income: $850 per week until July 2024
This prime location offers proximity to world-class shopping at Pacific Fair, as well as Waterways Shopping Centre and Q Super Centre. Enjoy the convenience of Pizzey Park Pool and Sporting Complex and Burleigh Bears Leagues Club, along with the trendy bars and restaurants of Nobby's and beautiful patrolled beaches within easy reach.
This fantastic opportunity in the highly sought after area of Mermaid Waters will not last long! Contact Sarah Drew on 0444 555 144 today for more information and to arrange an inspection.
The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 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 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.
Mermaid Waters has 6,221 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.01% increase in median value, while Units have seen a 75.05% increase. As at 31 August 2026:
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