5/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1987. The property has a land size of 179m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
The single-storey stunning, renovated two bedroom Villa, situated in sought-after Rio Vista Palms Complex, will appeal to a range of house-hunters, looking for an incredible opportunity to get into this elite suburb, slowly becoming one of the hardest suburbs to enter.
This stylish modern abode, with two private fenced courtyards, complete with the master bedroom, sporting a walk in-robe, and direct access to the rear courtyard, security & privacy, a plus! Set right in the heart of the home is the generous living and dining area, which captures the morning light, and north-easterly breeze.
For that enviable indoor-outdoor lifestyle, enjoy family & friends get-togehters, un-wind & relax, under the covered entertainment space.
Features:
Private gated entry
Renovated two bed, 1 bath
Master with walk-in robe
Timber look flooring throughout
New electrics with downlights
Single-storey layout
Stunning very spacious kitchen with Ceaser benchtops
All the modern appliances, the home Chef needs
Open living and dining area
Master with private rear courtyard access
New air-conditioners & fans throughout
A central main bathroom, shower, and separate toilet
An internal laundry with direct rear courtyard access
Incredibly private front fully fenced courtyard, North facing
Spacious private rear courtyard, with garden shed
Pet Friendly
Solar Panels (12)
Lock-up garage + extra private car space
Body Corp Fees: $28 per. Week
Rates; Approx. $400 per. qtr
Water; Approx. $380 per. qtr
Close to Hugh Muntz Lake, and walkway, schools, shops, bus stop at your door
Minutes from Mermaid Beach and the Pacific Fair Shopping Centre
Contact Michelle McRae to view this stunning home, this Friday the 17th November on 0476 300 688 to register.
Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.
It is known as a quiet, family residential area comprising the 17ha freshwater Lake Hugh Muntz and a series of lakes and canals winding through the neighbourhood providing recreational activities such as swimming and kayaking.
The infrastructure includes shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes, education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes' drive or use the well-appointed bus routes.
Mermaid Waters lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes' drive north and a choice of 13 international golf courses and additional public courses in the vicinity.
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 6,217 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:
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