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122/215 Cottesloe Drive, Mermaid Waters$992,000
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Soldtownhouse

122/215 Cottesloe Drive

Mermaid Waters, QLD 4218, Australia
$992,000
3 bed 2 bath 1 car

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Estimated market value today, from comparable sales

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$970,000likely $865,000$1,080,000

Based on 24 comparable sales near Mermaid Waters.

Indicative only, not a formal valuation. Actual value depends on condition and market movement since sale.

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About this property

Located in the highly sought after location of Mermaid Waters, which is in the heart of the Gold Coast in a complex called "Sailfish Cove". Sailfish Cove is security gated has manicured gardens, ample parking for guests and boasts a swimming pool area that is so amazing you would think that your at Southbank, it consists of 3 swimming pools with waterfalls, a spa, multiple undercover entertainment areas, a picnic area overlooking Lake Orr that has a walking trail, a jetty to do some fishing and bathroom facilities. This WATERFRONT townhouse consists of 3 bedrooms all with built in wardrobes (Master with balcony that overlooks another jetty, walk-in robe & ensuite), large main bathroom, central kitchen with pantry, dishwasher, separate laundry, air-conditioned lounge room, 3 toilets (2 upstairs/1 downstairs), single lock up garage PLUS 2 EXTRA CAR SPACES at the front of the property. Currently returning $760p/w till January 2027, but would achieve well in excess of $900p/w through the current onsite managers. This seriously is a dream addition to add to your property portfolio or a perfect place to call home, So don't delay book your private inspection today as this one won't last long. DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details

Property Type
townhouse
Listing Type
Sold
Bedrooms
3
Bathrooms
2
Parking
1
Listed
1 month ago

Repayment calculator

$4,809/month
$2,405 /fortnight
Loan $793,600 at 6.10% over 30 years

Upfront costs

Deposit$198,400
Stamp duty$37,665
Conveyancing (est.)$2,000
Total upfront$238,065
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mermaid Waters

This 3-bedroom townhouse in Mermaid Waters, QLD 4218 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $1.55m median of 58 comparable townhouseswithin 5 km.

Schools near Mermaid Waters

  • Miami State Schoolprimary · Prep-6 · CoEd
  • Merrimac State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Rio Vista Bvd near Cottesloe Dr (bus)254 m away
  • Swimart687 m away
  • Cottesloe Drive Reserve89 m away
  • Cottesloe Drive Reserve171 m away
  • Cottesloe Drive Reserve392 m away

Mermaid Waters at a glance

Full suburb profile
Population
13,088
Median age
40
Household income
$1,766/wk
Median rent
$450/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mermaid Waters price trend

Median sold · House 3 bed

Compound growth +7.4% / yr over 4 yrs

$1.66mcurrent median

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Price history

Listing price changes & sale

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