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4/40 Oceanic Drive, Mermaid Waters$890,000
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4/40 Oceanic Drive

Mermaid Waters, QLD 4218, Australia
$890,000
2 bed 1 bath 1 car

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About this property

Positioned within a boutique complex of just six residences, this beautifully renovated apartment presents an outstanding opportunity for first-home buyers, downsizers and investors alike. Completely transformed and ready to enjoy, the property offers a turnkey lifestyle with nothing left to do but move in and enjoy. Featuring two generous bedrooms, one bathroom and a practical low-maintenance layout, the home combines modern comfort with a highly sought-after location in the heart of Mermaid Waters. Property Features: • Two generously sized bedrooms, both complete with built-in wardrobes and ceiling fans. • Light-filled open plan living and dining area. • Modern kitchen featuring stone benchtops, quality appliances and ample storage. • Air-conditioned living area for year-round comfort. • Spacious contemporary bathroom with integrated laundry and additional bench space. • North-east facing first-floor position, capturing natural light and breezes. • Oversized single lock-up garage. Beautifully presented and fully renovated throughout, this move-in-ready residence offers a fantastic opportunity to secure a quality property in a tightly held location. Key Information: • Rates: $2,211.58 per annum approx. • Water: $445.83 per quarter approx. • Body Corporate: $83.00 per week approx. Perfectly positioned to enjoy the very best of the Gold Coast lifestyle, the property is surrounded by an abundance of recreational and lifestyle amenities. Pizzey Park, Miami Aquatic Centre and Mermaid Waters Village are all within easy walking distance, providing sporting facilities, cafés, restaurants and everyday conveniences. The golden sands of Nobby Beach and the vibrant Nobby's dining and entertainment precinct are just moments away, while the future light rail extension is set to further enhance connectivity and convenience. 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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
4 weeks ago

Repayment calculator

$4,315/month
$2,157 /fortnight
Loan $712,000 at 6.10% over 30 years

Upfront costs

Deposit$178,000
Stamp duty$33,075
Conveyancing (est.)$2,000
Total upfront$213,075
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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 2-bedroom apartment in Mermaid Waters, QLD 4218 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $1.76m median of 63 comparable apartmentswithin 5 km.

Schools near Mermaid Waters

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

What's nearby

  • Barrier Reef Dr near Deloraine Ct (bus)1.2 km away
  • Dan Murphy's1.4 km away
  • Lake Hugh Muntz Park1.5 km away
  • Otway Park1.5 km away
  • Flinders Park1.6 km 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 · Unit 2 bed

Compound growth +11.5% / yr over 4 yrs

$888kcurrent median

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Price history

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