39/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 39/172 Barrier Reef Dr, Mermaid Waters
39/172 Barrier Reef Dr, Mermaid Waters is a 9 bedroom, 5 bathroom House with 5 parking spaces and was built in 1987. The property has a land size of 1250m2 and floor size of 618m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Last Listing description (April 2020)
Rarely does a property like to this come to market: a unique wonder that offers limitless possibilities for owner-occupiers and investors alike. Originally built as the common area and community facility of the complex, it was re purposed as an expansive, private oasis combining resort-style features with expansive, open plan living.
Situated on a huge 1256m block, the first level residence encompasses 691m with 4 very large bedrooms, an office, storeroom, hair and beauty salon, indoor pool, outdoor pool, spa, change rooms, private gym, bar and multiple private courtyards. Upstairs you'll find a 163m fully self-contained top floor three-bedroom, two-bathroom apartment with a huge, full-length sweeping balcony. Words and pictures aren't enough, you really need to see this property to understand the sheer scale and possibilities.
Previously tenanted for $1,300 per week, astute investors have a myriad of options to lease or reconfigure the premises. Owner-Occupiers will be spoiled for choice, a resort-style lifestyle or perhaps even family living downstairs with private in-law residence upstairs.
Huge 1256m block
Triple lock up garage & visitor parking
Spacious low maintenance terraces & full-length balcony upstairs
Private in ground North facing salt water swimming pool
Indoor pool & spa with his & her changing rooms & private gym
Solar hot water & outdoor water tank
Air conditioning & ceiling fans throughout
Close to schools, shops & public transport
Low body corporate
Truly one of the Gold Coast's most unique properties, contact The Aaron Smith Team today to secure your private viewing!
Disclaimer: In the preparation of this document, we have used our best endeavors to ensure that the information contained herein is true and accurate and 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 inquiries to verify any information contained herein.
Property History for 39/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 06 Dec 2019Listed for Sale By Negotiation
- 22 Jan 2019Listed for Rent $600 / week
- 24 Oct 2018Listed for Sale By Negotiation
Recent sales nearby
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About Mermaid Waters 4218
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:
- The median value for Houses in Mermaid Waters is $2,149,184 while the median value for Units is $980,438.
- Houses have a median rent of $1,400 while Units have a median rent of $850.
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