50/111 Markeri StreetMermaid Waters QLD 4218
Property Details for 50/111 Markeri St, Mermaid Waters
50/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (February 2024)
Boasting the best of both worlds, nestled peacefully into the tranquil lush tropical setting with an abundance of natural light bathing the home, Sanctuary Apartments are located centrally in popular Mermaid Waters within walking distance of popular eateries, parks, public transport and next to Mermaid Waters' Lonestar Tavern. The unit features a spacious balcony with views of the complex swimming pool overlooking water views of Lake Intrepid through the Fauna.
Close access to amazing canal surroundings and is only a short distance to the pristine world class beaches of the Mermaid Beach, Pacific Fair for shopping and the Star Casino for entertainment.
Property Features:
- 2 bedrooms offer large built-in wardrobes
- Ceiling fans in all rooms
- Juliette balcony off main bedroom
- A spacious open plan living area flowing on to a tiled balcony and lush greenery adding privacy
- NBN high-speed internet
- A single undercover garage plus a highly sought-after extra large lockup storage space
- Low maintenance resort style living with two swimming pools and lawns maintained by the onsite caretaker
- Boat ramp in complex with access to ocean
- Jetty in the complex to enjoy fishing and ample amount of grassed areas for kids to play
- Tenant in place until February 2024
- Estimated rental return approx. $650 - $690 per week
- Low body corporate fees of approx. $65 per week if paid on time
- Council Rates approx. $900 per half year (Please confirm)
- Water rates approx. $350 per quarter (Please confirm)
The complex is positioned overlooking the beautiful Lake Intrepid with superb water views, access to the boat ramp, perfect to set off on your kayak or boat. Be quick, as this unit suits a large range of buyers including down-sizers, first home buyers and investors alike. If you are looking for a property that boasts lifestyle, water views, low maintenance, low body corporate fees and fantastic value please present your offer.
Disclaimer:
All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
Property History for 50/111 Markeri St, Mermaid Waters, QLD 4218
- 09 Oct 2023Sold for $570,000
- 04 Sep 2023Listed for Sale UNDER OFFER
- 07 Nov 2004Sold for $209,000
Recent sales nearby
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0About 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 6,225 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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