Back 21/111 Markeri Street
Off Market

21/111 Markeri Street

Mermaid Waters QLD 4218

2
1
1
Unit
Last sold for $758,000
Duwayne MattigDuwayne Mattig, last sold this property on 08 September 2025 after 26 days on market.

Overview

Ground-Floor Gem in 'The Sanctuary'

Discover the rare chance to own a piece of serenity in the highly sought-after "The Sanctuary" complex. This ground-floor apartment presents an exceptional opportunity for first home buyers, investors, or renovators seeking a property with incredible potential. With original charm and a layout ready to be reimagined, this home is a true blank canvas-waiting for you to infuse your personal style and create a peaceful retreat perfectly suited to your lifestyle. Step outside to enjoy resort-style amenities including two sparkling pools, a kiddie pool, BBQ areas, a jetty, and a boat ramp, all set within a secure, gated community designed for relaxation and family-friendly living. Here, you can embrace the best of the Mermaid Waters lifestyle, combining peaceful privacy with convenient access to everything you need. Property Highlights: • Two bedrooms with built-in robes, ceiling fans • Open-plan living area paired with a large kitchen • Functional bathroom with shower and laundry combo • Private outdoor patio • Covered carport, visitor parking available • Oversized private and secure storage • Low body corporate fees of just $78/week • Boat ramp and jetty access perfect for water lovers • Gardens and expansive grassy areas ideal for families and relaxation • Strong rental potential with returns around $700-$750/week Beyond the gates, you're just minutes from Mermaid Beach, Pacific Fair Shopping Centre, trendy cafes, restaurants, and transport links-making this location ideal for those who want a quiet sanctuary without compromising on convenience. Whether you're looking to settle in, renovate for future growth, or invest with confidence, this apartment offers a unique foundation to build your dream home or portfolio. Disclaimer: We have in preparing this information used our best endeavours 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 purchasers should make their own enquiries to verify the information contained herein

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Waters over the last 12 months, the estimated median property value of 21/111 Markeri Street is $832.5k.

Median value
$832.5k
Estimated value range
$662.5k - $1.25m
Median days on market
21
Estimated value trend
9%
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 21/111 Markeri Street

2025
Sold
$758,000
08 Sep 2025 by Duwayne Mattig, of Coastal Robina

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 units in Mermaid Waters

In the last 12 months, 34 two-bedroom units similar to 21/111 Markeri Street, have been sold.

This represents a 23% decrease in two-bedroom units sales when compared to the previous 12 months.

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