Back 12/22 DUET DRIVE
Off Market

12/22 DUET DRIVE

Mermaid Waters QLD 4218

2
1
1
Apartment
Anish KapadiaAnish Kapadia, last sold this property on 19 May 2016 after 21 days on market.

Overview

LOOKING FOR GOOD YIELD? THIS IS IT!

Situated within walking distance to Pacific Fair and Mermaid Beach this 2 bedroom unit is located in a small and quiet block of only 12 units. The kitchen was recently fully renovated and this spacious unit would be ideal for an owner occupier or an investor. Currently it is tenanted at $330 per week which is approximately 6% gross return, better than the 2.5% interest at banks. Owners are extremely motivated to sell this property and all serious offers will be considered. Features Include: -2 spacious bedrooms with built-in wardrobes. -Open plan living and dining. -Separate bathroom and toilet. -Balcony. -Single lockup garage. -Low maintenance. -Low body-corp. -Rental $330/week. -Sought after location.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Mermaid Waters over the last 12 months, the estimated median property value of 12/22 DUET DRIVE is $939.99k.

Median value
$939.99k
Estimated value range
$709k - $1.46m
Median days on market
30
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/22 DUET DRIVE

2024
Rented
Undisclosed
Leased on 16 Oct 2024
2024
Rented
Undisclosed
Leased on 15 Oct 2024 by Ray White Mermaid Waters
2016
Sold
19 May 2016 by Anish Kapadia, of Eddy Sarroff Realty

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 47 reviews in Mermaid Waters over the last 12 months.

Local market activity for 2 bedroom apartments in Mermaid Waters

In the last 12 months, 23 two-bedroom apartments similar to 12/22 DUET DRIVE, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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