57/111 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

57/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 527m2
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Property Details for 57/111 Markeri St, Mermaid Waters

57/111 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 87m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1982
Floor Size
87m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
57/BUP5255

Last Listing description (November 2022)

Flawlessly designed with contemporary finishes throughout, this immaculate fully renovated 2 bedroom unit has luxury and a tranquil outlook to match.

Meticulously renovated with fine attention to detail, buyers will love the high quality finishes on offer with this move in ready property. Boasting the best of both worlds, nestled into the tranquil lush tropical setting with an abundance of natural light bathing the home. Close access to amazing canal surroundings and is only a short distance to the pristine world class beaches of the Mermaid Beach.


Property Features:

* 2 bedrooms offer large built in wardrobes with built in storage. Ceiling fans in all rooms. Juliet balcony off main bedroom
* Beautiful new lighting and Karndean flooring throughout with brand new thick lush carpets in bedrooms.
* A flawlessly renovated kitchen with satin 2 Pac Cabinetry and new modern appliances, including brand new Electrolux and Westinghouse oven & stove top and top of the line LG dishwasher.
* A luxury bathroom featuring beautiful tap-ware and stone bench vanity and generous sized inbuilt laundry
* Security screens on all windows and sliding doors
* A spacious open plan living area with a tiled balcony and lush greenery adding privacy.
* Hot and cold reverse cycle air conditioning situated in the living area for comfortable climate controlled living.
* A single undercover garage plus a highly sought-after extra large lockup storage space measuring 3m x 2.1m x 2.3m for all sports and watercraft.
* Low maintenance resort style living with 2 swimming pools and lawns maintained by the onsite caretaker.
* NBN high-speed internet.
* 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
* Owner occupied
* Estimated rental return approx. $600 - $650 per week
* Low body corporate fees of approx. $61 per week
* Council Rates approx. $900 per half year
* Water rates approx. $350 per quarter

The complex is positioned on beautiful water with superb views, access to the boat ramp, perfect to set off on your kayak or boat.

Positioned perfectly, this truly unique unit situated just minutes from a range of great amenities such as Pacific Fair Shopping Centre, local shops just around the corner and public transport at your doorstep. Minutes to sandy patrolled beaches at Mermaid Beach, trendy cafes & restaurants

Important Notice: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Harcourts Coastal Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.

Property History for 57/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$629,000
01 Oct 2022
  • 01 Oct 2022
    Sold for $629,000
  • 23 Aug 2022
    Listed for Sale Offers Over $629,000
  • 15 Oct 2018
    Sold for $305,000
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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 6,223 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.
There are currently 55 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 270 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.