94/300 Cottesloe Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

94/300 Cottesloe Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 107m2
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Property Details for 94/300 Cottesloe Dr, Mermaid Waters

94/300 Cottesloe Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1988. The property has a land size of 107m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Townhouse
Year Built
1988
Floor Size
77m2
Land Size
107m2
Local Government
Gold Coast City
Lot/Plan
94/GTP1818

Last Listing description (March 2019)

Welcome to 94/300 Cottesloe Dve, Mermaid Waters. This low maintenance 2 bedroom, 1 bathroom townhouse is so incredibly central. It's fresh, funky and only a few minutes away from Nobbys Beach, bars and restaurants, as well as a short bike ride away from Bond University.
It's also incredibly close to Miami State primary and high schools. The body corp fees are only $45 per week and with the addition of a new bathroom, carpets and fans, there is no more to do, with the kitchen and living having been renovated a couple of years ago.
For investors, the rental return is $400 a week, making it positively geared.

The complex is safe, with gated entry and has a tennis court, pool and bbq area, as well as stunning waterfront views to the Broadbeach and Surfers Paradise skylines.
This is a must see living or investment opportunity and won't last long so be quick and book your inspection with Greg - 0475 046 561.
HIGHLIGHTS:
- 2 Bedrooms/1 Bathroom/1Garage
- Renovated bathroom
- New fans
- New carpets
- New oven
- Recently painted
- Low maintenance
- Large open plan kitchen and living
- Outdoor entertaining
- Separate laundry
- Safe gated community feel
- Low body corp fees of $45 per week
- Onsite managers
- Pool and tennis court
- Central and incredibly affordable
- Close to schools
BEDROOMS: - Bedrooms have built in wardrobes and are quite spacious with new fans and plenty of light
BATHROOMS: - 1 renovated bathroom with shower, vanity and separate toilet
OUTDOORS: - Grassed area at the back of home. Low maintenance.
KITCHEN: - Open kitchen with access to garage, laundry, dining and living areas
LIVING: - Spacious living area with access to outside
POTENTIAL INCOME:
Rental: $400 per week (currently tenanted)
Airbnb/Stayz: $95 - $150 per night (entire home)
Outgoings:
Body Corp: $45 per week
Council rates: $785 (half year)
Water: $350 (per quarter)
SCHOOL CATCHMENT ZONE:
Miami State School
Miami State High School
Bond University
DISTANCES:
Bus Stop - 300 m
Local Shopping Centre - 600 m
Major Shopping Centre - 5.9 km
Primary School - 750 m
High School - 2.7 km
Parkland - 450 m
Highway - 7 km
Train Station - 5.6 km
Beach - 3.2 km
Hospital - 4.9 km

Property History for 94/300 Cottesloe Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$327,500
11 Feb 2019
  • 11 Feb 2019
    Sold for $327,500
  • 05 Dec 2018
    Listed for Sale Not Disclosed
  • 19 Apr 2016
    Sold for $277,000
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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 6,220 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 63 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 263 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.