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Back 31/111 Markeri Street
Off Market

31/111 Markeri Street

Mermaid Waters QLD 4218

2
1
1
Apartment
Last sold for $480,000
Mitch SlatteryMitch Slattery, last sold this property on 08 January 2023 after 48 days on market.

Overview

2 Bedroom - Ideal investment or entry level renovation opportunity!

Positioned perfectly in "The Sanctuary" on the shores of Lake Intrepid, this tranquil and secure gated complex features two pools, a kiddie pool, jetty, BBQ facilities and access to the canal with a boat ramp. This apartment is perfect for those who seek a peaceful sanctuary away from the hustle and bustle, with all of the benefits of a central location. Located on the ground floor, this ideal investment or renovation opportunity has so much on offer. Only moments to access to the canal, swimming pool, water views across Lake Intrepid and the beautiful lush well maintained gardens. Features: • Open plan kitchen and appliances including oven and dishwasher • Two good sized bedrooms with built-in robes, ceiling fans and air-conditioner in master bedroom • Open plan living and kitchen area overlooking the gardens • Large bathroom with shower & laundry combination • Outdoor patio area • One covered carport, plus multiple visitors parking • Covered secured storage room, measuring 3m x 2.1m x 2.3m • Boat ramp in complex with access to ocean • Jetty in the complex to enjoy fishing and ample amount of grassed areas for kids to play • Solid investment opportunity or renovation opportunity • Low body corporate fees of approx. $61 per week Minutes to sandy patrolled beaches at Mermaid Beach, Pacific Fair shopping & dining precinct, trendy cafes & restaurants and transport all at your doorstep. 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. * denotes approximate measurements

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 31/111 Markeri Street is $935k.

Median value
$935k
Estimated value range
$710k - $1.46m
Median days on market
26
Estimated value trend
11%
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 31/111 Markeri Street

2025
Rented
Undisclosed
Leased on 08 May 2025 by Ray White Asset Management Broadbeach Waters
2023
Sold
$480,000
08 Jan 2023 by Mitch Slattery, of Ray White Malan + Co - 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 50 reviews in Mermaid Waters over the last 12 months.

Local market activity for 2 bedroom apartments in Mermaid Waters

In the last 12 months, 26 two-bedroom apartments similar to 31/111 Markeri Street, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Waters

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Christine Tucker

Sellers who recommend Christine Tucker have praised them for being local expert, clear communication, responsive, honest, supportive, reliable and friendly

  •   4.9   (265 reviews)
  •  18 Reviews in Mermaid Waters
  •  12 Sales in Mermaid Waters
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Waters.  They have 12 local sales and collected 8 local reviews across the last 12 months.

  •   5   (32 reviews)
  •  8 Reviews in Mermaid Waters
  •  12 Sales in Mermaid Waters
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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with

  •   5   (317 reviews)
  •  5 Reviews in Mermaid Waters
  •  7 Sales in Mermaid Waters
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Colin George

Colin George is a recommended agent for Mermaid Waters.  They have 7 local sales and collected 4 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  4 Reviews in Mermaid Waters
  •  7 Sales in Mermaid Waters
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