Back 12/172 Barrier Reef Drive
Off Market

12/172 Barrier Reef Drive

Mermaid Waters QLD 4218

1
1
1
96 m²
Unit
Last sold for $610,000
Shelley Watkins Shelley Watkins , last sold this property on 24 June 2025 after 55 days on market.

Overview

Neat Villa in Quiet Complex – Perfect Starter or Investment

Nestled in the peaceful Rio Vista Palms complex, this tidy one-bedroom villa presents an ideal opportunity for first-home buyers, downsizers, or investors. Offering a solid foundation with plenty of potential to add value, this property combines a low-maintenance lifestyle with a super-convenient location. Inside, you'll find a functional layout with a spacious open-plan living and dining area, tiled floors, and a practical kitchen with plenty of storage. The large windows fill the home with natural light, creating a bright and welcoming space. The generously sized bedroom includes built-in robes, and the bathroom is neat and functional with room for future updates. Step outside to a private courtyard framed by established greenery — a great spot for relaxing or entertaining. A single lock-up garage provides secure parking and additional storage options. Positioned within a well-maintained complex, this property offers fantastic value in the heart of Mermaid Waters. Property Features: Functional kitchen with good storage space Spacious open-plan living and dining area One generous bedroom with built-in robe Neat bathroom with shower, vanity and toilet Private courtyard with low-maintenance gardens Single lock-up garage Outdoor Features: Secure, fenced courtyard Established garden beds Body Corporate Details: Rio Vista Palms – complex of just 63 villas Low body corporate fees of approximately $35 per week Location: Approx. 3 mins to Q Super Centre Approx. 4 mins to Pacific Fair Shopping Centre Approx. 4 mins to Miami State School Approx. 5 mins to Pizzey Park Approx. 6 mins to Nobby Beach Approx. 6 mins to The Star Casino Approx. 6 mins to St Vincent's Primary School Approx. 8 mins to Broadbeach State School Approx. 8 mins to Bond University Approx. 9 mins to Burleigh Beach Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
96 m² floor area
Unit

Estimated Value

We need at least 3 similar 1 bedroom units sold in Mermaid Waters over the last 12 months.

Property history for 12/172 Barrier Reef Drive

2025
Sold
$610,000
24 Jun 2025 by Shelley Watkins , of PRD Real Estate Burleigh Heads

Happy sellers in Mermaid Waters

90%
90% 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 56 reviews in Mermaid Waters over the last 12 months.

Local market activity for 1 bedroom units in Mermaid Waters

In the last 12 months, 1 one-bedroom unit similar to 12/172 Barrier Reef Drive, have been sold.

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