42 Drayton Terrace, Mermaid Waters, Qld 4218

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
1,005 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 42 Drayton Terrace, Mermaid Waters, Qld 4218)

Auction

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

A rare waterfront property in Mermaid Waters offering renovation potential, expansive land, and prime lifestyle amenities.

🏡 Property Highlights

  • Rare 38m water frontage on a protected inlet, offering prime waterfront living.
  • Original single-level brick residence with characterful features and renovation potential.
  • Sprawling 1,005m2 block with lush gardens, flat lawns, and a lagoon-style pool for outdoor enjoyment.
  • Excellent investment opportunity with potential for landbanking or subdivision (STCA).
  • Prime location in highly sought-after Mermaid Waters, close to major amenities and beaches.
  • Includes a double garage, pontoon, and vast covered waterfront patio for entertaining.

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Swimming Pool
  • Secure Parking
  • Waterfront / Views
  • Open-Plan Living

Mermaid Waters is a highly desirable suburb renowned for its family-friendly atmosphere, scenic waterways, and convenient access to major shopping centres, beaches, and schools. Its tranquil environment and proximity to vibrant precincts like Nobby Beach and Broadbeach make it ideal for both lifestyle and investment. The area offers a mix of established homes and development opportunities, appealing to a diverse range of buyers. Excellent connectivity via major roads ensures easy commuting across the Gold Coast.

What are the renovation possibilities for this property?
The charming interior with vaulted ceilings and exposed brick walls provides a solid foundation for a modern renovation to enhance its character and functionality.
Is subdivision or landbanking feasible on this property?
Yes, the property is zoned RD1, offering potential for subdivision or landbanking, subject to council approval.
What outdoor features does the property include?
The property features a lagoon-style pool, a vast waterfront patio, lush hedges for privacy, and tiered flat lawns suitable for children and pets.
How accessible is the property to local amenities?
Located less than 1km from Q Super Centre, 2.5km from Pacific Fair Shopping Centre, and close to beaches, eateries, and schools, the property offers excellent convenience.
What are the water access features of the property?
The property includes a pontoon for easy access to the calm waterway and a 37.5m water frontage along a protected inlet.
Are there any existing planning or zoning restrictions that could affect subdivision or renovation plans? What are the potential costs associated with renovating or upgrading the property? Are there any easements, covenants, or encumbrances on the land? Has the property been tested for flood or bushfire risks? Are there any upcoming developments or construction projects nearby that could impact the property’s value or privacy? What are the strata or body corporate considerations, if applicable? Are there any hidden costs related to water or council rates that should be considered? Is the property compliant with all local building codes and regulations? Are there any restrictions on the use of the waterfront or access to the pontoon? What is the history of the property’s maintenance and any past issues or damages?

42 Drayton Terrace, Mermaid Waters, Qld 4218 - More Details

Auction

Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
1,005 m²
House Size
369 m²
Study
1

Inspections times

  • Inspection Sat 20 Jun 12:30 pm

    Saturday 20 June
    12:30 pm - 1:00 pm

Auctions

  • 42 Drayton Terrace, Mermaid Waters, Qld 4218

    Friday 26 June
    2:00 pm
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