Back 45 Vatakoula Parade
Off Market

45 Vatakoula Parade

Mermaid Waters QLD 4218

4
2
2
706 m²
House
Last sold for $2,200,000
Michael MahonMichael Mahon, last sold this property on 02 March 2024 after 86 days on market.

Overview

UNRIVALLED POSITION - REDEVELOPMENT OPPORTUNITY | To Learn More Visit: http://45Vatakoula.com

Perfectly situated in a quiet street, in one of the Gold Coast's most sought-after suburbs, you can walk to Pacific Fair shopping centre and stroll up to the golden sands of Mermaid Beach, cafes and restaurants. Boasting approximately 25 metres of white sandy beach frontage, direct ocean access, a stunning outlook with a perspective perfect for capturing the morning sunshine; this is one of the best waterfront blocks in the area. If potential is what you're looking for, look no further. This four-bedroom house could be improved with a little TLC or if you truly want to capitalise on the position, you can renovate or completely rebuild. There are some structural issues that require underpinning on the slab. With your own boat ramp and boatshed, you'll be the envy of your boatie friends. Whatever you choose to do, your financial future looks brighter with this property in your name. The lifestyle on offer in this property, on this waterfront block and in this location is not only remarkable, it is 'world-class'. Whether you're looking to make the leap to a waterfront home for you and your family or you're an astute investor looking to landbank or redevelop, this is the property you've been looking for.

Features

4 bedrooms
2 bathrooms
2 carspaces
706 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mermaid Waters over the last 12 months, the estimated median property value of 45 Vatakoula Parade is $2.32m.

Median value
$2.32m
Estimated value range
$1.27m - $6m
Median days on market
30
Estimated value trend
22%
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 45 Vatakoula Parade

2026
Rented
Undisclosed
Leased on 14 Apr 2026 by Evolve Sales and Management
2024
Rented
Undisclosed
Leased on 04 Apr 2024 by M-Motion
2024
Sold
$2,200,000
Private Sale/Treaty on 02 Mar 2024 by Michael Mahon, of M-Motion

Happy sellers in Mermaid Waters

89%
89% 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 46 reviews in Mermaid Waters over the last 12 months.

Local market activity for 4 bedroom houses in Mermaid Waters

In the last 12 months, 75 four-bedroom houses similar to 45 Vatakoula Parade, have been sold.

This represents a 13% increase in four-bedroom houses sales when compared to the previous 12 months.

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