1 & 2/8 Orvieto Avenue, Mermaid Waters, Qld 4218

Duplex/Semi-detached
Type
4
Bedrooms
2
Bathrooms
3
Parkings
655 m²
Area

Last updated on Friday, June 26, 2026 ( See property details for 1 & 2/8 Orvieto Avenue, Mermaid Waters, Qld 4218)

Auction

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

An exceptional waterfront duplex pair on Mermaid Island offering outstanding redevelopment potential, strong income, and prime location with private beach access.

🏡 Property Highlights

  • Rare twin-title waterfront duplex pair with approximately 20 metres of wide water frontage
  • Prime 655m² landholding on Mermaid Island with private sandy beach
  • Outstanding redevelopment potential (STCA) in a sought-after location
  • Strong holding income potential with two existing single-level residences
  • Exceptional land banking opportunity in a tightly held enclave
  • Close proximity to Pacific Fair Shopping Centre, Mermaid Beach, and Broadbeach dining precinct

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Garage
  • Secure Parking
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Waterfront / Views
  • Pet-Friendly

Mermaid Waters is a highly sought-after suburb renowned for its tranquil waterways, premium waterfront properties, and vibrant community. Key highlights include its close proximity to major shopping centres, pristine beaches, and excellent dining options. The area offers a perfect blend of relaxed coastal living and urban convenience, making it ideal for families, investors, and those seeking a luxurious lifestyle. With strong growth prospects and limited available waterfront land, Mermaid Waters remains a premier destination for discerning buyers.

What are the redevelopment possibilities for this waterfront property?
Subject to council approval (STCA), the property offers significant redevelopment potential, including possible subdivision or new build projects, given its zoning and land size.
Is there existing income from the current residences?
Yes, the two single-level residences provide immediate rental income, making it an attractive investment opportunity.
What are the key features of the existing residences?
Each residence comprises open plan living, two bedrooms, one bathroom, and dedicated parking, with sheltered outdoor entertaining patios.
How close is the property to local amenities?
The property is approximately 600 metres from Pacific Fair Shopping Centre, 700 metres from Mermaid Beach, and near Broadbeach's dining, entertainment, and transport options.
What is the zoning for this property?
The property is zoned Medium Density Residential, allowing for redevelopment and land use flexibility.
Are there any existing planning restrictions or easements that could affect redevelopment plans? What are the potential costs associated with subdivision or redevelopment (STCA)? Are there any known issues with the existing residences, such as structural defects or compliance concerns? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or infrastructure projects nearby that could impact the property’s value or environment?

1 & 2/8 Orvieto Avenue, Mermaid Waters, Qld 4218 - More Details

Auction

Type
Duplex/Semi-detached
Bedrooms
4
Bathrooms
2
Parkings
3
Area
655 m²

Inspections times

  • Inspection Sun 28 Jun 10:00 am

    Sunday 28 June
    10:00 am - 10:30 am

Auctions

  • 1 & 2/8 Orvieto Avenue, Mermaid Waters, Qld 4218

    Saturday 4 July
    1:00 pm
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