Back 75/215 Cottesloe Drive
Off Market

75/215 Cottesloe Drive

Mermaid Waters QLD 4218

3
2
1
236 m²
Unit
Last sold for $961,000
Freddie TehleFreddie Tehle, last sold this property on 20 August 2025 after 22 days on market.

Overview

3 bedroom townhouse in Mermaid Waters - location & opportunity

Set within a tightly held waterfront complex in Mermaid Waters, this two-level townhouse offers three generously sized bedrooms upstairs master with ensuite, along with the main bathroom and toilet. Downstairs features open-plan living, a functional kitchen, a separate toilet near the laundry, and direct access to a spacious backyard with wide side access — an offering that invites future outdoor enhancements or entertaining upgrades. The home is neat and well-maintained, yet presents a fantastic opportunity to renovate and refresh in line with today's trends, adding both lifestyle appeal and future value in a blue-chip location. With body corporate fees under $100/week, a potential rental return of $990/week, and excellent proximity to beaches, parks, schools, and shops, this is an ideal buy for first-home buyers, renovators, and investors alike. Property Highlights: • Three upstairs bedrooms with built-in robes • Original main bathroom with toilet upstairs • Additional separate toilet downstairs near laundry • Open-plan living and dining area • Original kitchen with potential to update • Semi private yard • One-car garage plus additional numbered car space • Reverse-cycle air conditioning in living area • Secure, gated complex with two swimming pools, spa, jetties & BBQ areas • Zoned for Miami Primary & Miami High School • Short distance to Pizzey Park, Miami Aquatic Centre, Pacific Fair, beaches, shops, cafes & restaurants Opportunities don't come up often - inquire today Freddie Tehle 0431 602 251 Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
236 m² floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Mermaid Waters over the last 12 months, the estimated median property value of 75/215 Cottesloe Drive is $961k.

Median value
$961k
Estimated value range
$850k - $1.05m
Median days on market
65
Estimated value trend
-8%
decrease 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 75/215 Cottesloe Drive

2025
Rented
Undisclosed
Leased on 25 Sep 2025 by PRD Real Estate Burleigh Heads
2025
Sold
$961,000
Private Sale/Treaty on 20 Aug 2025 by Freddie Tehle, of PRD Real Estate Burleigh Heads

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 3 bedroom units in Mermaid Waters

In the last 12 months, 4 three-bedroom units similar to 75/215 Cottesloe Drive, have been sold.

This represents a 66% decrease in three-bedroom units sales when compared to the previous 12 months.

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