Back 25/111 Markeri Street
Off Market

25/111 Markeri Street

Mermaid Waters QLD 4218

2
1
1
Unit
Last sold for $740,000
Duwayne MattigDuwayne Mattig, last sold this property on 24 June 2025 after 63 days on market.

Overview

Tranquil Lakeside Living in 'The Sanctuary'' - A First Home, Investment or Renovator's Dream

Nestled in the peaceful and secure "The Sanctuary" complex, this ground-floor apartment is perfect for first home buyers, savvy investors, or renovators looking for potential. Offering an unbeatable location and lifestyle, this property boasts access to Lake Intrepid, two pools, a kiddie pool, BBQ areas, a jetty, and a boat ramp, all within a gated community. Property Highlights: • 2 Bedrooms with built-in robes, ceiling fans, and air-con in the master • Open-plan living and updated kitchen with modern appliances • Bathroom with shower and laundry combo • Private outdoor patio overlooking one of the pools • Covered carport plus visitor parking & secured storage • Low body corporate fees of just $78/week • Boat ramp and jetty access for water enthusiasts • Family-friendly complex with lush gardens and plenty of grassy areas • Rental return of $700-$750/week for investors Just minutes from Mermaid Beach, Pacific Fair, trendy cafes, restaurants, and transport - it's all at your doorstep! 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 25/111 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 25/111 Markeri Street

2025
Sold
$740,000
24 Jun 2025 by Duwayne Mattig, of Coastal Robina
2022
Sold
Undisclosed
Auction Sale on 28 Apr 2022 by Charlene Alperez

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 25/111 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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