SoldJun 2, 2025

2/111 Markeri Street, Mermaid Waters, QLD, 4218

$818,000

2
1
1
77 m²

Unit

4 days on the market

Sold: Jun 2, 2025

What's around 2/111 Markeri Street

Ground Floor - Effortless Waterside Living or Smart Investment

Whether you're entering the market, downsizing, or adding to your investment portfolio, this ground-floor, waterfront apartment in the sought-after "The Sanctuary" complex offers a rare mix of comfort, convenience, and lifestyle. Positioned just minutes from Mermaid Beach and Pacific Fair, this is your opportunity to secure a low-maintenance property in a tightly held waterside community. Enjoy peaceful lakefront living with the added benefit of resort-style amenities-two sparkling pools, a jetty, BBQ areas, and a private boat ramp for weekends on the water. With Lake Intrepid as your backdrop, it's a setting that feels like a holiday, every day. The apartment itself is practical, spacious, and filled with natural light. North-facing and designed for relaxed living, it features open-plan interiors, two generous bedrooms with built-ins, and a private balcony off the main bedroom. Whether you're living in or leasing out, the layout is ideal for a variety of needs. Low outgoings and strong rental potential make this an easy choice for the savvy investor, while ground-floor access and a tranquil setting will appeal to downsizers or first-time buyers looking for quality and lifestyle in one. Property Highlights: • Ground floor North facing • 2 spacious bedrooms with built-ins, master opens to patio • Air-conditioning in living area • Renovated kitchen with modern appliances plus plenty of storage • Renovated bathroom • Ground-floor convenience - no stairs • Covered carport and visitor parking • Secure storage room included • Resort-style complex with two pools, BBQs, boat ramp, and jetty • Low body corporate approx. $77 per week • Council Rates: Approx. $1,100 per half-year • Water Rates: Approx. $350 per quarter • Estimated Rental income approx. $750 - $800 per week With every convenience at your doorstep and the calm of lakeside living, this apartment offers incredible value in a high-demand location. Whether you're investing, downsizing, or stepping into your first home, this is a smart move.

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