15 Drayton Terrace, Mermaid Waters, Qld 4218 - More Details
Auction
Auction On Site, Friday 20 November at 10:00am - Unless Sold Prior
Positioned in a quiet cul-de-sac in the heart of Mermaid Waters, this prime waterfront holding offers an exciting array of possibilities for families, investors or developers seeking location, lifestyle and long-term upside.
Zoned RD1, this 860m²* waterfront site with an impressive 20.3m* frontage presents a rare opportunity in tightly held Mermaid Waters. The existing residence has good bones and offers scope to renovate and add value, while the generous landholding and zoning present exciting potential for future subdivision or redevelopment (STCA). An appealing prospect for renovators, developers and investors alike.
The existing four-bedroom, two-bathroom home is neat & tidy and offers immediate livability or rental income while exploring future plans. Options include renovating the current residence, rebuilding a luxury family home, or pursuing a dual-lot subdivision and redevelopment opportunity, subject to council approval (STCA).
Located just moments from local conveniences, cafes, top schools and the beach, this tightly held address is an ideal setting for growing families or strategic investors looking to capitalise on strong demand in a central, high-growth suburb.
The Highlights:
- Single-level four-bedroom, two-bathroom waterfront residence on an expansive 860m²* parcel in a peaceful cul-de-sac
- Impressive 20.3m* of wide water frontage with a private sandy beach and pontoon
- 270m²* of internal living and 330m²* total area under roof
- Multiple living zones for relaxed family living and seamless entertaining
- Formal lounge with fireplace and shuttered doors opening to the pool
- Fully tiled waterfront living room with bay windows framing the water outlook
- Built-in bar with mirrored glass display shelving and integrated wine rack, overlooking the pool and water
- Separate dining room flowing between the kitchen and waterfront living zone
- Well-appointed kitchen with built-in microwave, wall oven, gas cooktop, stainless rangehood, dishwasher, double sink and walk-in pantry
- Expansive covered alfresco connecting the living areas and master suite
- Lagoon-style in-ground pool surrounded by established tropical gardens
- Master suite with walk-in robe, oversized ensuite with dual vanity and direct alfresco access
- Three additional bedrooms with built-in robes, serviced by a main bathroom with separate bathtub
- Separate laundry with linen and storage cupboards
- Double remote garage with internal access and additional storage, plus ample off-street parking
- Ducted air conditioning, ceiling fans and plantation shutters
- Exceptional opportunity to renovate, rebuild or pursue a dual-lot subdivision and redevelopment (STCA)
Mermaid Waters has quickly become one of the Gold Coast's most sought-after suburbs, favoured for its family-friendly atmosphere and proximity to key conveniences. Located in a desirable waterfront pocket, this address is less than 1km from Q Super Centre, and just 2.5km from the world-class retail precinct of Pacific Fair Shopping Centre. It also enjoys proximity to the patrolled surf, popular eateries and boutique stores of Nobby Beach, including The Oxley precinct, which are only 3.5km away.
Brimming with untapped potential, this blue-chip waterfront property presents a rare opportunity for savvy investors or those looking to create their dream home. Contact Gypsea Youngsmith on 0424 544 485 to arrange a private inspection.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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.
- Type
- House
- Bedrooms
- 4
- Bathrooms
- 2
- Parkings
- 2
- Area
- 860 m²
- House Size
- 330 m²
