Back 501/18 Mermaid Street
Off Market

501/18 Mermaid Street

Chermside QLD 4032

2
2
1
Unit
Last sold for $500,000
Alyssa MeltzinitisAlyssa Meltzinitis, last sold this property on 15 January 2023 after 44 days on market.

Overview

SOLD! By Alyssa Melzinitis!

This luxury apartment provides the ultimate lifestyle combined with the conveniences of modern living. Floor to ceiling doors allows seamless transition from inside to the covered alfresco outdoor entertaining area. The apartment is finished to the highest possible standards, with thoughtful consideration given to storage, functionality, aesthetics, light and breeze flow-through. The large air-conditioned open plan living, and dining area opens beautifully to the covered wraparound balcony via three sets of sliding doors with screens. Picture yourself enjoying barbecues, drinks, and get-togethers outside with a leafy outlook to the street. Create a lovely balcony garden or practice your morning meditation in the fresh air. You'll love the sky garden rooftop terrace with its gardens, built-in furniture, entertainment zones, gorgeous city views, and not one but two commercial-grade BBQ areas. Bus stops are a few minutes' walk away and the property is situated in an exclusive Chermside neighbourhood, in a quiet street, away from the hustle and bustle. - Spacious open plan living opening out to undercover alfresco dining - Stylish kitchen with granite bench tops, soft close cabinetry & built-in microwave - Master bedroom with air con, walk in robe, ensuite and balcony - Large balcony with city views - Excellent storage throughout / air con in Master & living rooms /separate laundry - Insect screens, modern blinds and throughout carpet in bedrooms - Sensational roof top balcony with BBQ facilities and city views - Walking distance to Westfield Chermside, cafes and restaurants - Nearby major bus transfer station catering to CBD access with ease. Rental Appraisal: $500 - $540 a week Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Chermside over the last 12 months, the estimated median property value of 501/18 Mermaid Street is $725k.

Median value
$725k
Estimated value range
$550k - $1.1m
Median days on market
23
Estimated value trend
15%
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 501/18 Mermaid Street

2023
Sold
$500,000
15 Jan 2023 by Alyssa Meltzinitis, of Coronis North

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 29 reviews in Chermside over the last 12 months.

Local market activity for 2 bedroom units in Chermside

In the last 12 months, 61 two-bedroom units similar to 501/18 Mermaid Street, have been sold.

This represents a 34% increase in two-bedroom units sales when compared to the previous 12 months.

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