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, July 03, 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

Positioned on a prized 655m² waterfront landholding in one of Mermaid Waters most tightly held pockets, this rare individually titled opportunity presents an exceptional chance to secure one, or both, adjoining waterfront residences with outstanding future potential.

Offering approximately 20 metres of wide water frontage, a private sandy beach and Medium Density Residential zoning, opportunities of this calibre are becoming increasingly difficult to find.

Whether you're looking to secure a premium waterfront investment, generate immediate holding income, land bank for the future or explore redevelopment possibilities (STCA), 1 & 2/8 Orvieto Avenue delivers flexibility rarely seen in today's market.

Currently improved by two single-level residences, each home comprises two bedrooms, one bathroom and dedicated parking, providing comfortable accommodation and immediate rental appeal while future plans are considered.

Positioned on the sought-after Mermaid Island and fronting tranquil waters, residents enjoy the perfect balance of waterfront serenity and unrivalled convenience. Pacific Fair Shopping Centre, Mermaid Beach, Broadbeach's dining precinct, transport links and schools are all within easy reach.

Whether purchased individually or as a complete waterfront holding, opportunities of this nature are rarely brought to market. Secure your place in one of Mermaid Waters most tightly held waterfront enclaves and unlock the full potential of this exceptional offering.

Waterfront land in locations like this can never be replicated.

Property Highlights:
- Twin-Title Waterfront Opportunity (Rare Duplex Pair)
- Buy One or Buy Both Adjoining Properties
- 655m² Combined Landholding
- Approx. 20-Metres of Wide Water Frontage
- Private Sandy Beach
- Medium Density Residential Zoning
- Significant Redevelopment Potential (STCA)
- Ideal Land Banking Opportunity
- Strong Holding Income Potential
- Two Existing Single-Level Residences
- Each Residence Comprises: Open Plan Living, 2 Bedrooms, 1 Bathroom and Dedicated Parking
- Sheltered Outdoor Entertaining Patio
- Located on the Sought-After Mermaid Island
- 600-metres from Pacific Fair Shopping Centre
- 700-metres from Golden Sands of Mermaid Beach
- Metres from Broadbeach Dining, Entertainment and Transport

Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.
Type
Duplex Semi-detached
Bedrooms
4
Bathrooms
2
Parkings
3
Area
655 m²

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