Back 16/172 Barrier Reef Dr
Off Market

16/172 Barrier Reef Dr

Mermaid Waters QLD 4218

2
1
1
120 m²
Townhouse
Last sold for $785,000
Julianne PetersenJulianne Petersen, last sold this property on 01 June 2025 after 68 days on market.

Overview

SOLD BY JULIANNE PETERSEN AND TINA NENADIC

This immaculately presented two-bedroom, one-bathroom villa offers a rare opportunity for those seeking a relaxed, low-maintenance lifestyle in one of the Gold Coast's most desirable locations. Nestled within the prestigious Rio Vista Palms Complex, this stylish home blends modern design with coastal charm, providing both convenience and comfort. Upon entering, you'll be welcomed into an expansive open-plan living and dining area, seamlessly connected to a well-appointed kitchen with ample storage space. High ceilings and abundant natural light create a bright, airy atmosphere, while enhancing the home's peaceful coastal vibe. The master bedroom, conveniently located on the ground floor, offers direct access to the bathroom, while the second generously-sized bedroom provides flexibility for family or guests. A dedicated study nook in the living area and clever storage solutions throughout, including additional storage in the kitchen, ensure that every space is both functional and efficient. The property also features a separate laundry with easy outdoor access to the outdoor deck area, elevating convenience and practicality. Modern comforts such as ceiling fans and split-system air conditioning in the living area add to the overall appeal. Key Features: - 2 spacious bedrooms - 1 well-designed bathroom - 1-car automatic garage - Expansive open-plan living and dining area - Clever study nook under the stairs - Separate laundry with direct outdoor access - Outdoor deck area - Low-maintenance gardens - Low body corporate fees Perfectly positioned in a highly sought-after complex, this villa offers an exceptional blend of style, comfort, and convenience. It's a true gem for those looking to embrace a carefree coastal lifestyle. Located in the heart of Mermaid Waters this property offers the perfect lifestyle balance. You'll be within proximity to the beach, cafes, restaurants, and shopping, including the Pacific Fair Shopping Centre, just a short drive away. Families will appreciate the proximity to both public and private schools within the catchment area, making this an ideal location for young families or those seeking a quiet, family-friendly environment. With its coastal ambiance, easy access to amenities, and modern design, this villa presents the perfect opportunity to embrace the relaxed, low-maintenance lifestyle of Mermaid Waters. Disclaimer: We have used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective vendors, purchasers, and tenants should make their own inquiries to verify the information contained herein.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
120 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Mermaid Waters over the last 12 months, the estimated median property value of 16/172 Barrier Reef Dr is $883k.

Median value
$883k
Estimated value range
$690k - $1.18m
Median days on market
26
Estimated value trend
13%
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 16/172 Barrier Reef Dr

2025
Sold
$785,000
01 Jun 2025 by Julianne Petersen, of Gold Coast Property Sales & Rentals
2017
Sold
$325,000
02 Apr 2017 by Brian Goodgame, of Coastal Broadbeach

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 2 bedroom townhouses in Mermaid Waters

In the last 12 months, 14 two-bedroom townhouses similar to 16/172 Barrier Reef Dr, have been sold.

This represents a 48% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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