7/37 Duet DriveMermaid Waters QLD 4218
Property Details for 7/37 Duet Dr, Mermaid Waters
7/37 Duet Dr, 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 331m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (February 2022)
'Brighton Terrace' Mermaid Waters has low body corporate fees with high rental return potential. The perfect unit for a great investment or the first home buyer entering the market and starting off their property portfolio.
The waterfront unit block consists of 7 x 2-bedroom units on the banks of Lake Intrepid, within walking distance to Pacific Fair and some of the Gold Coast's most popular beaches.
With a private North facing balcony that captures water views, access to the beach on Lake Intrepid, and skyline views to the North up to Broadbeach. A stunning renovation with a quality fit-out and nothing left to do but just move into and enjoy the summer.
Features:
- Galley kitchen with stainless steel appliances
- 2 x Queen size bedrooms
- Waterfront access with sandy beach
- Single lock up garage
- Quiet waterfront block of only 7 units
- Low Body Corporate Levies $49.45* per week
- GCCC Rates, $1,018.05* (1 Jul - 31 Dec 2021)
- Permanent Rental Market Opinion - $560 - $590 per week approx
- Seller purchased elsewhere, must be sold! Quick settlement available
Just a short walk to Pacific Fair or into Broadbeach to wine and dine at the beautiful restaurants. Leave the car in the garage, and just enjoy the lurks and perks of living in this sort-after location.
The property is scheduled to go to auction on Saturday 29 January, 10am at The Star Casino, Broadbeach
Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but 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 enquiries to verify the information contained herein. * denotes approximate measurements
Property History for 7/37 Duet Dr, Mermaid Waters, QLD 4218
- 09 Jan 2022Sold for $540,000
- 27 Dec 2021Listed for Sale Auction
- 19 Jan 2021Sold for $380,000
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 6,214 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:
- The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
- Houses have a median rent of $1,400 while Units have a median rent of $830.
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