394 Rio Vista Bvd, Mermaid Waters is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 756m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
With opportunity a plenty, this single-level, family home presents exceptional buying, positioned just a few minutes-drive from the ever-popular Nobby Beach shopping and dining precinct. Sitting on a generous 756sqm level block, this STCA, modestly maintained and conveniently located home, invites investors and motivated renovators in search of a property with potential.
Inviting you into a spacious, carpeted lounge room, with large windows, through to a galley style kitchen, dining and family room, this home offers space for every member of the family. With sliding door access off the family and dining out onto a large, covered patio area overlooking the backyard and sparkling inground swimming pool, this property delivers well for those who love to entertain.
With all three bedrooms, offering built-in wardrobes, an ensuite off the master and second bathroom with bathtub, double lock-up garage and off-street parking for two additional vehicles, boat and trailer storage, this home offers unlimited potential for the savvy investor.
With fans and security screens throughout, neutral colours, carpet to the bedrooms and separate lounge space, tiles to the kitchen, family and dining, this home presents great buying.
Positioned just a short drive from Pacific Fair Shopping Centre, local cinemas, bars, cafes and entertainment venues, this home supports a social, active and convenient lifestyle in the heart of Mermaid Waters. Also, just a short stroll from nearby walkways, bike paths, parkland, lakes and sporting fields, you might even consider leaving the car at home, taking the dog for a walk or heading out on your bike with the kids.
Within close proximity to the Gold Coast's Miami Marketta, Pizzey Park and Bond University, this opportunity is too good to miss. A property of this nature will not be on the market long. Contact us today to secure this property with potential, in the heart of Mermaid Waters.
Features include:
Three bedrooms with built-in wardrobes
Two bathrooms (includes ensuite off master)
Air-conditioning to the lounge room
Fans throughout
Updated, galley style kitchen with breakfast bar
Secure double garage and covered off street parking for two vehicles
Storage for a boat or trailer
Large covered entertaining area
Backyard storage shed
Fully fenced yard
Intercom system at pedestrian entry gate
Large, flat 756sqm block
Council Rates $1,365.67 approx. per half year
Water Rates $360.25 approx per quarter
Location:
10-minute walk or 800m to Miami Tennis Club and sporting fields
11-minute walk or 850m to Miami State School
4-minute drive or 2km to Yuen's Fruit and Vegetable Market
5-minute drive or 1.5km to Burleigh Bears Rugby League Club
5-minute drive or 3.5km to Pacific Fair Shopping and Entertainment Centre
6-minute drive or 2.2km to Miami Marketta dining and entertainment precinct
6-minute drive or 2.7km to Nobby Beach Surf Club and surf beach
7-minute drive or 2.4km to Miami State High School
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 6,222 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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