88 Sovereign Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

88 Sovereign Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 159m2
Land area: 625m2
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Property Details for 88 Sovereign Dr, Mermaid Waters

88 Sovereign Dr, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 625m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
1990
Floor Size
159m2
Land Size
625m2
Local Government
Gold Coast City
Lot/Plan
618/RP138950

Last Listing description (May 2024)

Welcome to your dream Coastal retreat on the Gold Coast! This immaculate 3 bedroom, 2 bathroom residence is situated only a short 5 minute walk to Mermaid Beach, offering you the ultimate beachside lifestyle.

With its close proximity to Pacific Fair Shopping Centre, The Star Casino, Burleigh Heads and Nobbys Beach Dining precinct, every amenity is within reach.

Inside is a spacious and light-filled interior, with a great floor plan that seamlessly blends with a central courtyard that gives this home its coastal charm.

The well designed kitchen boasts ample cabinetry, premium appliances, and loads of counter space including an island bench. Adjacent to the kitchen, you'll find a large dining area, ideal for enjoying casual meals or hosting formal gatherings.

At the rear of the home you will find the master suite, complete with an ensuite and walk-in wardrobe. There are also two generous sized bedrooms, another bathroom and a separate office. The home has fully ducted air-conditioning, beautiful black sleek louvers and CrimSafe on all windows and doors.

Unattached at the rear of the property is a generous sized studio dwelling. It has side access, a powder room and kitchenette. The possibilities are endless;

- a cozy man cave
- a games and pool room,
- a playroom for the little ones,
- a teenage retreat,
- convert to a fourth bedroom
- run a business

Welcome home to a space that adapts to your lifestyle and grows and changes with your family.

Outside, you will find not one, but three separate outdoor entertainment areas, providing endless opportunities for alfresco dining, relaxation, and recreation.

Whether you seek a leisurely swim or a refreshing dip, the architecturally designed pool awaits.

The home offers a very secluded, resort lifestyle living. It is fully fenced and surrounded by lush greenery, mature palms and landscaped gardens. You will find an enclosed double carport and generous storage shed. There is side access for a boat, caravan or third car.

As night falls, the ambient lighting throughout the entire outside area transforms this home into a glorious sanctuary.

The investment opportunities with this property are endless, please ask and I can provide details.

Whether you're soaking up the sun on the nearby beach, exploring the vibrant local area with its many cafes and restaurants, cycling along the foreshore, or simply unwinding in the comfort of your own home, this property offers the perfect blend of coastal living and modern convenience. It is ideally suited to any family that wants a relaxed, tranquil place to call home, or the astute investor that knows the value of this property.

Don't miss your chance to make this beachside oasis your own!

AS THIS PROPERTY IS GOING TO AUCTION, UNDER QLD LEGISLATION, NO PRICE GUIDE CAN BE GIVEN.

CONTACT EXCLUSIVE AGENTS:
Lisa Cordaro 0402 867 770
Kimberly Minatti 0401 637 734

Property Features:

- Single Story
- Excellent floor plan and design
- Ducted Air-conditioning throughout
- Contemporary Swimming pool
- Three separate outdoor entertainment areas
- Beautiful tropical landscaping
- Fully fenced
- Potential Investment opportunity
- Close to private and public Schools
- Ideally located

Location

Mermaid is one of the Gold Coasts most desirable beachside suburbs for its closeness to patrolled beaches, beautiful landscape parks, beachside boadwalks, and dynamic retail and dining precincts.

- 500m* short stroll to the beach
- 500m* walk to Nobby's Beach dining precinct
- 2 mins* drive to Pacific Fair
- 3 mins* drive to Star Casino
- 1.4km* to nearest tram stop
- 17km* or 20mins* drive to Gold Coast Airport

* Approximately

Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here.

Property History for 88 Sovereign Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,800,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $1,800,000
  • 16 Feb 2024
    Listed for Sale SOLD BY LISA CORDARO & KIMBERLY MINATTI!
  • 13 Feb 2013
    Sold for $675,000
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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 6,216 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 47 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.