Back 401/10 Mermaid Street
Off Market

401/10 Mermaid Street

Chermside QLD 4032

2
2
1
92 m²
Apartment
Last sold for $730,000
Elliott WicksElliott Wicks, last sold this property on 08 July 2025 after 3 days on market.

Overview

Spacious Modern Apartment with Huge Balcony & All the Extras

The Pitch: Welcome to 401/10-12 Mermaid Street, Chermside Sitting high on the fourth floor of a modern boutique complex, this contemporary two bedroom apartment captures beautiful city skyline views and an abundance of natural light, delivering a perfect balance of privacy, functionality and style ideal for those seeking low-maintenance living without compromising on outlook or location. Step inside to find a spacious, air-conditioned open plan living, dining and kitchen zone framed by floor to ceiling glass that draws your gaze out toward the horizon. This space spills effortlessly onto an expansive balcony perched high above the street offering front row seats to the glistening Brisbane City skyline. Whether you're hosting friends or enjoying a quiet night in, the flowing layout ensures you're always part of the conversation, even when preparing dinner. At the heart of the home, a sleek, stone finished kitchen to add a touch of sophistication to everyday living. Featuring premium, stainless-steel appliances, a large gas cooktop and ample cabinetry, this gourmet kitchen offers practicality and versatility without compromising on elegance. Both bedrooms are generously sized and thoughtfully designed, complimented by built-in robes, ceiling fans, plush carpets and glass sliding doors, allowing the whole family to enjoy a refreshing coastal breeze. The master suite offers air conditioning and it's own private ensuite. Both bathrooms are beautifully designed with a refined and modern aesthetic. Complete with sleek stone-top vanities, contemporary tiling and premium stainless steel fittings, offering a luxurious escape at the end of every day. With secure intercom access, basement car parking and immaculately maintained common areas, this complex offers everything you need for convenient, connected living in one of Brisbane's fastest growing hubs. The Details: - Elevated apartment with stunning city views - Light filled and expansive open plan living and dining with seamless balcony flow - Large covered balcony with elevated outlook ideal for entertaining - Stylish kitchen with gas cooking, stone benchtops, premium appliances and ample storage - Two spacious bedrooms with built in wardrobes and ceiling fans - Air conditioning in living area and master bedroom - Two chic bathrooms with elegant finishes - Basement carparking and intercom access The Location: Ideally located in the heart of Chermside, 401/10-12 Mermaid Street places everything you need within arm's reach. Just a short walk from Westfield Chermside, you'll enjoy immediate access to a huge variety of shopping, dining and entertainment options, along with cinemas, medical centres and specialty services. The area is well-serviced by reliable public transport, with express bus routes connecting you easily to the CBD, and major arterial roads like Gympie Road offering seamless access to the airport, tunnel network and northern suburbs. Surrounded by green spaces such as Marchant Park, Kedron Wavell Services Club, and a range of fitness and leisure facilities, this location strikes the perfect balance between convenience and lifestyle. Families will appreciate the proximity to reputable schools and healthcare, while professionals and downsizers alike benefit from the walkability and low-maintenance living. For investors, Chermside remains a high-demand suburb backed by strong rental yields, consistent capital growth and some of the lowest vacancy rates in SE Qld, sitting at an extremely tight 0.5% making this location a smart and future-focused choice. The Investment: - Current rental appraisal: Approximately $650 - $675 per week - Date of last rental increase: N/A - Body Corporate: Approximately $89/week - Water rates: Approximately $550/quarter - Council rates: Approximately $820/quarter The Disclaimer: In the creation of this advertisement, we have made every effort to ensure the accuracy and truthfulness of the information provided. However, we assume no responsibility and disclaim all liability for any potential errors, omissions, inaccuracies, or misstatements that may arise. We strongly advise prospective purchasers to conduct their own investigations and verification of the information contained herein. Furthermore, it is recommended that buyers independently inquire about building approvals and any relevant warranties to ensure complete satisfaction and confidence in their decision. Please be advised that our editing team has solely enhanced the colour of the grass and sky in the image to improve its aesthetic appeal, without any intention to misrepresent the property in any manner. Please be aware that these photos feature digitally staged furniture and do not accurately represent the current condition of the property. As the property is currently tenanted, virtual furniture/ item removal has been applied to these photos. Please note that these images may not fully reflect the property's current condition and presentation.

Features

2 bedrooms
2 bathrooms
1 carspace
92 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Chermside over the last 12 months, the estimated median property value of 401/10 Mermaid Street is $770k.

Median value
$770k
Estimated value range
$596k - $1.1m
Median days on market
17
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chermside. 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 401/10 Mermaid Street

2025
Sold
$730,000
Private Sale/Treaty on 08 Jul 2025 by Elliott Wicks, of Castle Property Agents

Happy sellers in Chermside

93%
93% of sellers in Chermside reported that their sale price either exceeded or met their price expectations.

Chermside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Chermside over the last 12 months.

Local market activity for 2 bedroom apartments in Chermside

In the last 12 months, 86 two-bedroom apartments similar to 401/10 Mermaid Street, have been sold.

This represents a 18% 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 Chermside

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent