46 Markeri Street, Mermaid Waters, Qld 4218

Auction

House
Type
5
Bedrooms
5
Bathrooms
4
Parkings
1,148 m²
Area

Published on Thursday, September 24, 2026 ( See property details for 46 Markeri Street, Mermaid Waters, Qld 4218)

Auction

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

A unique dual-living waterfront estate on a large 1,148m² block offering exceptional potential, stunning views, and versatile living options just minutes from the beach and local amenities.

🏡 Property Highlights

  • Rare dual-living waterfront property with 64m water frontage and skyline and hinterland views
  • Sprawling 1,148m² landholding just 600m from the beach
  • Two fully self-contained, separately accessed residences offering versatility and income potential
  • Expansive outdoor entertaining areas including a wraparound alfresco terrace, pool, and cabana
  • Potential to renovate or rebuild to maximise the property's remarkable proportions and outlook
  • Secure off-street parking for up to seven vehicles, including a garage and carport

✨ Key Features

  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Pool
  • Outdoor Area / Balcony
  • Secure Parking
  • Garage / Secure Parking
  • Water tank
  • Fly Screens

Mermaid Waters is a highly sought-after coastal suburb renowned for its stunning waterways, vibrant community, and proximity to beaches, cafes, and shopping precincts. It offers a relaxed lifestyle with excellent access to parks, schools, and public transport, making it ideal for families and investors alike. The area boasts a mix of luxurious waterfront homes and development opportunities, all within close reach of iconic Gold Coast attractions and amenities.

What is the condition of the existing residences, and are there any renovation restrictions?
The residences are well-maintained with charming interiors, and potential buyers should verify with local council regarding any renovation or rebuild restrictions, including planning permits and heritage considerations.
Is the property suitable for a family or as an investment?
With two self-contained residences, a large outdoor area, and water frontage, the property is ideal for multi-generational living, holiday accommodation, or generating rental income.
What are the ongoing council rates and water charges?
Council rates are approximately $5,323.46 per year, and water rates are approximately $1,049.84 per year, excluding usage charges.
Are there any easements or zoning restrictions affecting development?
Potential buyers should consult with the local council to confirm zoning details, easements, and any development restrictions applicable to the landholding.
Is the property flood or bushfire prone?
The property’s flood and bushfire risk should be assessed through local council and environmental reports to ensure suitability for future development or occupancy.
Are there any hidden costs associated with the property, such as upcoming council levies or special assessments? Has the property been inspected for structural issues or pest infestations? Are there any planning or zoning restrictions that could limit redevelopment or renovation plans? Is the water frontage subject to any easements or access rights that could affect use? Are there any existing or planned nearby developments that could impact privacy or views? What are the terms of the current title and are there any encumbrances or covenants? Is the property located within a flood or bushfire-prone zone, and what mitigation measures are in place? Are there any strata or community title considerations, if applicable? What are the future development prospects or restrictions in the area? Are there any ongoing maintenance or service costs associated with the waterfront features, such as the boat ramp or pool?

46 Markeri Street, Mermaid Waters, Qld 4218 - More Details

Auction

Rare Dual-Living Waterfront Opportunity with Extraordinary Potential

Rich with extraordinary personality, versatility and possibility, this waterfront offering is in a league of its own. Sprawling across a supersized 1148m² allotment with skyline and hinterland views, it presides over a staggering 64m of water frontage while sitting just 600m (approx.) from the beach. Offered for the first time in over 30 years, it presents a rare and potentially lucrative opportunity. Not only can you benefit from a dual-occupancy residence already in place but also capitalise on an exceptional landholding and rebuild a new residence that maximises its remarkable proportions, outlook and location.

A distinctive haven with its high-pitched gable roofline, the charming interiors reveal exposed-beam ceilings and oversized porthole windows that frame skyline and hinterland vistas. Both the fully self-contained residences enjoy private access, making this ideal for multi-generational families or as an income-producing asset to offset your mortgage. The first home is a delightful two-bedroom, three-bathroom configuration with a large loft/potential bedroom and sunken lounge. The second dwelling is a stylish three-bedroom, two-bathroom residence featuring a sunlit master suite, modern kitchen and spacious living and dining zones.

Outside, the sheer waterfront scale is breathtaking. A vast wraparound alfresco terrace – also perfect for entertaining – offers an enticing place to savour idyllic panoramas that sweep down the canal. Alternatively, soak them up from the sunny pool and cabana that rests in a prime waterfront position or as you enjoy the expansive palm-tree-lined lawns. A boat ramp with electric winch makes embracing life on the water effortless, complemented by an externally accessed gym/multipurpose room and secure off-street parking for up to seven vehicles.

The Highlights:
- Unique, endearing and character-rich dual-occupancy residence overlooking staggering 64m water frontage, and with skyline and hinterland vistas
- Vast 1148m2 block approx. 600m from the beach and close to cafes, shops and more
- Exceptional potential to renovate or rebuild, maximising the large landholding, outlook and location
- Distinctive exterior enhanced by a high-pitched gable roofline, diagonal cladding
- Interiors exude warmth and charm, offset by oversized porthole windows and raked, exposed beam ceilings
- 528m2 floorplan boasts two fully self-contained and separately accessed homes under one roofline
- Delightful two-bed, three-bath dwelling with a large loft/potential bedroom, sunken lounge, combined living/dining
- Stylish three-bed, two-bath dwelling includes a sunlit master suite with two walk-in robes and ensuite, spacious lounge, modern kitchen and dining zone, laundry
- Vast wraparound alfresco entertaining terrace captures views stretching down the canal
- Sunny waterside pool and cabana plus an expansive palm-tree-lined lawn
- Boat ramp with electric winch
- Externally accessed gym/multipurpose room
- Secure, off-street parking for up to seven cars, including a single garage and carport
- First time to market in over 30 years

Council Rates: $5,323.46 per year approximately
Water Rates: $1,049.84 per year approximately (excluding usage)

Supremely central, this address ensures everyday convenience and a dream coastal lifestyle. Not only can you stroll approx. 600m to feel the sand beneath your toes, but it's just mere minutes on foot to Mermaid Waters Shopping Village or Mermaid Plaza. Plus, leave the car at home to indulge in a curated collection of cafés, coffee spots and acclaimed restaurants, all located within easy reach. Parks, quality schools, sporting facilities and public transport are in close proximity too, and it's only a short drive to Broadbeach landmarks, Pacific Fair and The Star.

Landholdings of this scale, scope and location are highly sought-after and rarely available. And with a home that is every bit as versatile as it is endearing, you can enjoy its unique charm today while contemplating an extraordinary future. Contact Gypsea Youngsmith on 0424 544 485 or Marco De Vincentiis on 0433 112 260 today.

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
5
Bathrooms
5
Parkings
4
Area
1,148 m²
House Size
528 m²

Inspections times

  • Inspection Sat 26 Sep 9:30 am

    Saturday 26 September
    9:30 am - 10:00 am
  • Inspection Thu 1 Oct 12:00 pm

    Thursday 1 October
    12:00 pm - 12:30 pm

Auctions

  • 46 Markeri Street, Mermaid Waters, Qld 4218

    Friday 16 October
    12:30 pm

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