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12 / 172 Barrier Reef Drive
mermaid waters
QLD, 4218

Offers Over $635,000

listing rooms 1
listing bathrooms 1
listing parking 1
Property: 96 sqm

Neat Villa in Quiet Complex – Perfect Starter or Investment

Nestled in the peaceful Rio Vista Palms complex, this tidy one-bedroom villa presents an ideal opportunity for first-home buyers, downsizers, or investors. Offering a solid foundation with plenty of potential to add value, this property combines a low-maintenance lifestyle with a super-convenient location.

Inside, you'll find a functional layout with a spacious open-plan living and dining area, tiled floors, and a practical kitchen with plenty of storage. The large windows fill the home with natural light, creating a bright and welcoming space.

The generously sized bedroom includes built-in robes, and the bathroom is neat and functional with room for future updates. Step outside to a private courtyard framed by established greenery — a great spot for relaxing or entertaining.

A single lock-up garage provides secure parking and additional storage options. Positioned within a well-maintained complex, this property offers fantastic value in the heart of Mermaid Waters.

Property Features:
Functional kitchen with good storage space
Spacious open-plan living and dining area
One generous bedroom with built-in robe
Neat bathroom with shower, vanity and toilet
Private courtyard with low-maintenance gardens
Single lock-up garage

Outdoor Features:
Secure, fenced courtyard
Established garden beds

Body Corporate Details:
Rio Vista Palms – complex of just 63 villas
Low body corporate fees of approximately $35 per week

Location:
Approx. 3 mins to Q Super Centre
Approx. 4 mins to Pacific Fair Shopping Centre
Approx. 4 mins to Miami State School
Approx. 5 mins to Pizzey Park
Approx. 6 mins to Nobby Beach
Approx. 6 mins to The Star Casino
Approx. 6 mins to St Vincent's Primary School
Approx. 8 mins to Broadbeach State School
Approx. 8 mins to Bond University
Approx. 9 mins to Burleigh Beach

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.

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About mermaid waters

median house price

885500

suburb growth

10.7%

median house rent

740

suburb rental yield

4.3%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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