Back 1/49 Karbunya Street
Active

1/49 Karbunya Street

Mermaid Waters QLD 4218

2
1
1
Unit
Currently for sale - view listing

Overview

A Rare Opportunity in a Tightly Held Waterfront Position

Held by the same owner since 1987, this fully renovated ground-floor apartment presents a rare opportunity to secure a beautifully updated home within tightly held 'Albert Court', a building comprising just six units and occupying an impressive 877sqm* of land. Positioned with a desirable north-to-water aspect, the residence has been thoughtfully renovated throughout, offering a move-in-ready opportunity with nothing further to do. Enjoy the ease and convenience of ground-floor living, with no stairs and effortless access to your home. The apartment features two bedrooms, one bathroom and a single lock-up garage, complemented by additional driveway parking for a second vehicle. Albert Court offers a private, low-density setting that is increasingly difficult to find. Combining a fully renovated interior, ground-floor convenience, north-to-water aspect and significant 877sqm* land content, this is a rare opportunity to secure a ready-to-enjoy home or quality investment in one of Mermaid Waters' most tightly held pockets. Lifestyle is quite literally at your doorstep, leave the car at home with Mermaid Beach approximately a 10-minute walk away, while the vibrant Oxley dining precinct is also within easy walking distance. Enjoy an afternoon at Nobby Beach Surf Club, approximately 15 minutes away on foot, or make use of the nearby Nobby Beach tram stop, just 10 minutes away. Grab your morning coffee at Double Barrell, a two minute walk as well as the convenient IGA at the Waterways village. Property Highlights; • Same owner since 1987 • Fully renovated throughout - nothing to do • Ground-floor apartment • North-to-water aspect • 2 bedrooms, 1 bathroom • Single lock-up garage • Driveway parking for an additional vehicle • Boutique building of just 6 units • 877sqm* total land content • Tightly held waterfront position • Highly sought-after Mermaid Waters location Approx. 10-minute walk to Mermaid Beach Approx. 10-minute walk to the Oxley dining precinct Approx. 15-minute walk to Nobby Beach Surf Club Approx. 10-minute walk to the Nobby Beach tram stop Approx. 2-minute walk to Waterways Village, IGA, butcher, bottleshop Approx. 8-minute drive to Pacific Fair Shopping Centre Approx. 10-minute walk to Miami High School Approx. 10-minute walk to Miami State School Approx. 10-minute walk to Pizzey Park sporting complex Approx. 10-minute walk to Burleigh Bears Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Happy sellers in Mermaid Waters

89%
89% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

Mermaid Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Mermaid Waters over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Waters

In the last 12 months, 28 two-bedroom units similar to 1/49 Karbunya Street, have been sold.

This represents a 16% increase in two-bedroom units sales when compared to the previous 12 months.

© 2026 RateMyAgent