88 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

88 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 79m2
Land area: 833m2
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Property Details for 88 Markeri St, Mermaid Waters

Building Type
Commercial
Floor Size
79m2
Land Size
833m2
Local Government
Gold Coast City
Lot/Plan
797/RP155958

Last Listing description (March 2021)

88 Markeri Street, Mermaid Waters is a neighbourhood Retail/Fast Food Hub located at the busy intersection of Markeri Street and Sunshine Boulevard, surrounded by a dense concentration of residential housing of multiple demographics. The opportunity is directly fronting the main road, next to Evive Carvery and surrounded by other tenants such as Yuen's Fruit & Vege, Lucky Bao, Urban Woodfire Pizza, Dan Murphy's Bottleshop and more.

LAST TENANCY:

- 79sqm* Tenancy
- Suited to Retail/Takeaway
- Convenient on-site parking
- Partial fit-out to remain such as;
* Cool room
* Rangehood/exhaust
* Grease trap

The owners are seeking another long term tenant (ideally 5 year lease term or longer), an experienced operator is preferred.
Please contact Ryan Chandler on 0415 805 277 at your earliest opportunity to find out more.

*approximately.

Property History for 88 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Transferred
$750,000
31 May 2007
Listed for Rent
$1.29k/w
09 Mar 2021
  • 15 Nov 2019
    Listed for Rent - Price not available
  • 10 Jan 2018
    Listed for Sale Closing 4pm 14th February 2018
  • 31 May 2007
    Transferred for $750,000
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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 6,217 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:

  • 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.
There are currently 48 properties listed for sale, and 14 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 288 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.