Back 8/172 Barrier Reef Dr
Off Market

8/172 Barrier Reef Dr

Mermaid Waters QLD 4218

2
2
2
Townhouse
Last sold for $902,000
Travis MillerTravis Miller, last sold this property on 11 June 2025 after 26 days on market.

Overview

Private, Fully Renovated Boutique Villa with Direct Access & Stylish Alfresco Living

Discover a rare opportunity to secure a fully renovated double-storey villa in the tightly held 'Rio Vista Palms' complex - one of only ten with direct street and garage access, offering the privacy and feel of a standalone home. This beautifully finished two-bedroom, two-bathroom residence promises effortless living in a highly sought-after lifestyle pocket. Thoughtfully designed and impeccably styled throughout, the home offers a seamless blend of comfort, practicality and indoor-outdoor flow. The light-filled living and dining area features soaring high ceilings, creating an enhanced sense of space, complemented by air-conditioning and ceiling fans for year-round comfort. The stunning kitchen is a true centrepiece, complete with an island bench, breakfast bar, and modern finishes throughout. Upstairs, the master suite is a private retreat with a beautifully renovated ensuite, while the second bedroom is conveniently located on the ground floor, serviced by a luxe main bathroom with floor-to-ceiling feature tiles and a separate powder room. All bathrooms and living areas exude quality and attention to detail, with contemporary fittings and a timeless palette. Step outside to your own private backyard sanctuary - a large, covered alfresco entertaining deck flows onto a low-maintenance outdoor space, featuring no-maintenance artificial turf, landscaped gardens with garden lighting, and integrated external storage. The front courtyard also features landscaped gardens and garden lighting, adding a warm and welcoming ambiance. The home also includes air-conditioning in both bedrooms and the living area, ceiling fans throughout, an epoxy-finished garage floor + an abundance of storage space, separate laundry, and the added convenience of private street and garage access. The complex is quiet, secure, and exceptionally well-maintained, with an ultra-low body corporate of circa $35 per week - a rare advantage in such a central location. Ideally located just minutes from the Q Super Centre and central to the vibrant precincts of Mermaid Waters, Mermaid Beach, Nobby Beach, Miami, and Burleigh Heads, this home places you at the heart of the Gold Coast lifestyle. Enjoy easy access to cafes, boutique shopping, local beaches, and dining hotspots - and for commuters, M1 motorway access is just a short drive away, making travel north or south a breeze. This is a rare chance to secure a turnkey boutique residence in one of the Coast's most desirable lifestyle suburbs. Act quickly - opportunities like this don't last long. • Fully renovated double-storey villa offering seamless indoor-outdoor living • Spacious open plan living and dining with soaring high ceilings and abundant natural light • Designer kitchen with island bench, breakfast bar, and ample storage • Private covered alfresco entertaining deck with landscaped gardens and garden lighting • No-maintenance artificial turf in backyard for year-round ease of living • Master suite upstairs with stylish ensuite; second bedroom downstairs with luxe main bathroom and powder room • Air-conditioning in both bedrooms and main living area, plus ceiling fans throughout • Epoxy-finished garage floor, separate laundry, and integrated external storage • Secure, quiet complex with ultra-low body corporate of just $35* per week • Prime Mermaid Waters location just minutes to beaches, Q Super Centre, and M1 access • Ideal for owner-occupiers or investors seeking a turnkey opportunity in a high-demand area • Owners will consider offers prior to auction - act quickly to secure Disclaimer: 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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

2 bedrooms
2 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Mermaid Waters over the last 12 months, the estimated median property value of 8/172 Barrier Reef Dr is $883k.

Median value
$883k
Estimated value range
$690k - $1.18m
Median days on market
26
Estimated value trend
13%
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 8/172 Barrier Reef Dr

2025
Sold
$902,000
Auction Sale on 11 Jun 2025 by Travis Miller, of Coastal Broadbeach
2018
Sold
Private Sale/Treaty on 10 Dec 2018 by Libby Stratton, of Libby Stratton Real Estate

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 2 bedroom townhouses in Mermaid Waters

In the last 12 months, 14 two-bedroom townhouses similar to 8/172 Barrier Reef Dr, have been sold.

This represents a 48% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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