1/49 Karbunya Street, Mermaid Waters, Qld 4218

Offers Over $1,150,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, September 23, 2026 ( See property details for 1/49 Karbunya Street, Mermaid Waters, Qld 4218)

Offers Over $1,150,000

Christian Kennedy Co-Agent to Conner Malan & Daniel Donovan
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully renovated, ground-floor waterfront apartment in a tightly held boutique complex, offering exceptional lifestyle convenience in Mermaid Waters.

🏡 Property Highlights

  • Fully renovated ground-floor apartment with nothing further to do
  • Desirable north-to-water aspect offering stunning views
  • Tightly held boutique building of just 6 units on an 877sqm land parcel
  • Prime Mermaid Waters location close to beaches, dining, and transport
  • Single lock-up garage plus driveway parking for a second vehicle
  • Rare opportunity to secure a waterfront position in a sought-after pocket

✨ Key Features

  • Built in robes
  • Garage
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Ground-floor apartment
  • Pet-Friendly
  • Fully fenced
  • Low-Maintenance Yard

Mermaid Waters is a highly sought-after suburb renowned for its tranquil waterways, proximity to pristine beaches, vibrant dining precincts, and excellent transport links. Residents enjoy a relaxed coastal lifestyle with easy access to shopping centres, schools, and recreational facilities, making it ideal for families, professionals, and investors alike.

What are the ongoing strata or body corporate fees for this apartment?
As a boutique complex of just six units, the strata fees are typically low, covering building maintenance and insurance. Specific details can be obtained from the selling agent.
Is the property compliant with current building and safety standards?
Yes, the apartment has been fully renovated and complies with current safety standards. Any recent upgrades or certifications can be verified with the seller or relevant authorities.
Are there any restrictions or easements affecting the property?
The property is situated on a private, low-density block with no known restrictions or easements impacting its use. Confirmation can be obtained through title searches.
What are the potential costs involved in purchasing this property?
Potential costs include stamp duty, legal fees, and strata levies. It’s advisable to consult with your solicitor or conveyancer for a comprehensive estimate.
Is the property suitable for pets?
Yes, the property is pet-friendly, subject to any strata or building regulations.
Are there any upcoming or planned developments in the surrounding area that could affect the property's value or lifestyle? Has the property been tested for flood or bushfire risks, and are there any associated hazards? Are there any restrictions on future renovations or modifications due to building codes or strata rules? What are the total annual costs including strata fees, council rates, and utilities? Is there any history of water ingress or structural issues despite the recent renovation?

1/49 Karbunya Street, Mermaid Waters, Qld 4218 - More Details

Offers Over $1,150,000

Held by the same owner since 1987, this fully renovated ground-floor apartment presents a rare opportunity to secure a beautifully updated home within tightly held 'Albert Court', a building comprising just six units and occupying an impressive 877sqm* of land.

Positioned with a desirable north-to-water aspect, the residence has been thoughtfully renovated throughout, offering a move-in-ready opportunity with nothing further to do. Enjoy the ease and convenience of ground-floor living, with no stairs and effortless access to your home.

The apartment features two bedrooms, one bathroom and a single lock-up garage, complemented by additional driveway parking for a second vehicle. Albert Court offers a private, low-density setting that is increasingly difficult to find.

Combining a fully renovated interior, ground-floor convenience, north-to-water aspect and significant 877sqm* land content, this is a rare opportunity to secure a ready-to-enjoy home or quality investment in one of Mermaid Waters' most tightly held pockets.

Lifestyle is quite literally at your doorstep, leave the car at home with Mermaid Beach approximately a 10-minute walk away, while the vibrant Oxley dining precinct is also within easy walking distance. Enjoy an afternoon at Nobby Beach Surf Club, approximately 15 minutes away on foot, or make use of the nearby Nobby Beach tram stop, just 10 minutes away. Grab your morning coffee at Double Barrell, a two minute walk as well as the convenient IGA at the Waterways village.

Property Highlights;
• Same owner since 1987
• Fully renovated throughout - nothing to do
• Ground-floor apartment
• North-to-water aspect
• 2 bedrooms, 1 bathroom
• Single lock-up garage
• Driveway parking for an additional vehicle
• Boutique building of just 6 units
• 877sqm* total land content
• Tightly held waterfront position
• Highly sought-after Mermaid Waters location

Approx. 10-minute walk to Mermaid Beach
Approx. 10-minute walk to the Oxley dining precinct
Approx. 15-minute walk to Nobby Beach Surf Club
Approx. 10-minute walk to the Nobby Beach tram stop
Approx. 2-minute walk to Waterways Village, IGA, butcher, bottleshop
Approx. 8-minute drive to Pacific Fair Shopping Centre
Approx. 10-minute walk to Miami High School
Approx. 10-minute walk to Miami State School
Approx. 10-minute walk to Pizzey Park sporting complex
Approx. 10-minute walk to Burleigh Bears

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1

Map & nearby places — 1/49 Karbunya Street, Mermaid Waters, Qld 4218

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