38 Gretel Drive, Mermaid Waters, Qld 4218

Auction

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
1,050 m²
Area

Last updated on Wednesday, May 27, 2026 ( See property details for 38 Gretel Drive, Mermaid Waters, Qld 4218)

Auction

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

A versatile waterfront property on a sprawling 1,050m² block in Mermaid Waters offering stunning views, potential for renovation or development, and prime coastal convenience.

🏡 Property Highlights

  • Sprawling 1,050m² waterfront allotment with 38.5m northeast-facing water frontage
  • Prime location just 2km from the beach and within walking distance to Pacific Fair
  • Potential to renovate, rebuild, or explore development opportunities (STCA)
  • Existing classic 1990s single-level home with scope for rental income
  • Panoramic water and city skyline views from the property
  • Expansive backyard and sun-drenched pool for outdoor living

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Swimming Pool
  • Garage / Secure Parking
  • Open-Plan Living
  • Extra Storage (Shed/Linen)

Mermaid Waters is a highly sought-after suburb known for its tranquil waterways, family-friendly environment, and proximity to stunning beaches. It offers excellent amenities including shopping, dining, parks, and schools, making it ideal for both lifestyle and investment. The area boasts a mix of luxurious waterfront homes and development opportunities, all within easy reach of the Gold Coast's vibrant attractions.

What are the options for developing or renovating this property?
The property offers scope for renovation to enhance its value, rebuilding a double storey home to maximise water and skyline views, or exploring development potential (STCA) with existing building plans available for a swift start.
Is the property suitable for rental income while exploring future options?
Yes, the current classic 1990s single-level home can be rented out to generate income while you consider renovation, rebuilding, or development opportunities.
What are the key features of the existing home?
The home features an open-plan kitchen, spacious lounge, four bedrooms including a master with a spa ensuite and water views, three bathrooms, and outdoor entertaining areas with a pool and expansive backyard.
How accessible are local amenities and beaches?
The property is approximately 15 minutes walk to Pacific Fair, 2km from the beach, and close to parks, schools, and vibrant dining precincts at Broadbeach, Nobby Beach, and Mermaid Beach.
What is the zoning and development potential of the land?
The land is zoned Low Density Residential, offering flexibility for renovation, rebuilding, or potential development (STCA).
Are there any hidden costs or upcoming maintenance requirements for the existing home? Have all necessary approvals and permits been obtained for potential redevelopment or renovation plans? Are there any known defects or issues with the current structure or land? Is the property located within a flood or bushfire risk zone? Are there any easements, covenants, or zoning restrictions that could impact development plans? What are the strata or body corporate considerations, if applicable? Are there any nearby construction or planning activities that could affect the property? What are the noise levels and neighbour considerations in this cul-de-sac?

38 Gretel Drive, Mermaid Waters, Qld 4218 - More Details

Auction

Type
House
Bedrooms
4
Bathrooms
3
Parkings
2
Area
1,050 m²
House Size
335 m²

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