9/16 Duet DriveMermaid Waters QLD 4218
Property Details for 9/16 Duet Dr, Mermaid Waters
9/16 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 503m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
This fresh-faced 2 bedroom unit is conveniently located for you to enjoy the spoils of GC living.
Located in a quiet complex 'Lake Intrepid Lodge' in the highly sought-after suburb of Mermaid Waters, this 3rd level unit is discretely tucked away from the hustle and bustle at the back of the 10 unit complex. Low maintenance living, it would make a perfect first home, investment, or down-sizing opportunity, complemented by low outgoings delivering a solid rental return!
As you enter the home youre greeted by a natural light filled open plan living and dining, boasting fresh paint, new lighting, and new window furnishings. The neat and functional kitchen has plenty of bench space to work your culinary magic, while still maintaining connection to the combined dining and lounge area. The lounge opens out onto a covered balcony, capturing picturesque views of the Broadbeach skyline.
The unit, equipped with ducted heating and cooling throughout, features 2 spacious bedrooms both with carpets, built in robes and fans. The master bedroom is oversized and privately located away from the main living area. The bathroom has a shower, bath and large vanity, with added laundry nook tucked in behind the separate toilet.
Property Features:
Spacious kitchen with stone benchtops
Two bedrooms with built in robes, fans and carpets
Freshly painted throughout
New lighting and ceiling fans throughout
Oversized master bedroom
. Ducted heating/cooling throughout
Single lock up garage plus plenty of on-street parking
Laundry nook discretely tucked away in the corner of the large bathroom
Quiet complex with total of 10 units
Elevated on top floor filtering in natural light and canal breezes
Body Corporate fees approx. $50 per week
Currently rented for $550 per week with a tenancy until Nov 23
- Council Rates $2248 per year (approx) and Water $1420 per year (approx)
Boasting waterways with names such as Rumrunner Lake and Lake Wonderland, its easy to see the appeal of Mermaid Waters, a canal community which sits at the elbow of Mermaid Beach. Walking distance to Lone Star Tavern, Dan Murphys, Markeri Food Precinct, and Pacific Fair ensure all your lifestyle needs are a short stroll away.
This apartment is perfect for investors, down-sizers or professional couple looking to upgrade their lifestyle in an amazing location. This opportunity is sure not to last and will sell quick, so contact Tara on 0488 160 605 for more information.
Property History for 9/16 Duet Dr, Mermaid Waters, QLD 4218
- 08 Aug 2023Sold for $555,000
- 18 Jul 2023Listed for Sale Offers over $545,000
- 25 Oct 2022Listed for Rent $550 / week
Recent sales nearby
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About Mermaid Waters 4218
The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of 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 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:
- The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
- Houses have a median rent of $1,200 while Units have a median rent of $773.
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