5 Drayton Terrace, Mermaid Waters, Qld 4218

Auction

House
Type
4
Bedrooms
2
Bathrooms
6
Parkings
1,034 mΒ²
Area

Last updated on Friday, April 17, 2026 ( See property details for 5 Drayton Terrace, Mermaid Waters, Qld 4218)

Auction

Christian Kennedy Co-Agent to Conner Malan & Daniel Donovan
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, single-level family home on a north-facing water frontage block in Mermaid Waters, offering versatile living spaces and excellent outdoor entertaining options.

🏑 Property Highlights

  • North-facing 1,034sqm water frontage block in a quiet, established street
  • Expansive single-level home with flexible floorplan and multiple living zones
  • Large master suite with ensuite and walk-in wardrobe
  • Spacious kitchen with island bench, butler's pantry, and ceiling fan
  • Covered patio with built-in bar overlooking pool and water
  • Triple garage plus additional off-street parking behind secure gate

✨ Key Features

  • Built-in Robes
  • Ceiling Fans
  • Outdoor Area
  • Home Office / Study
  • Open-Plan Living
  • Swimming Pool
  • Secure Parking
  • Waterfront / Views
  • Shed
  • Ensuite
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5 Drayton Terrace
Mermaid Waters, QLD 4218
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Vertical aerial view β€” 5 Drayton Terrace
5 Drayton Terrace — Vertical Aerial  •  Mermaid Waters, QLD 4218  •  Nearmap © 2026

Mermaid Waters is a highly sought-after coastal suburb renowned for its family-friendly atmosphere, scenic waterways, and convenient access to shopping, dining, and entertainment. The area offers a relaxed lifestyle with lush parks, quality schools, and excellent transport links, making it ideal for families and investors alike. Its strong growth potential is supported by ongoing infrastructure developments and proximity to the Gold Coast’s vibrant beaches and lifestyle precincts.

What are the key features of this property?
This property features a north-facing water frontage, a spacious single-level layout with multiple living zones, a large master suite with ensuite and walk-in wardrobe, a modern kitchen with a butler's pantry, a sparkling pool, and a covered outdoor patio with a built-in bar.
Is the property suitable for entertaining guests?
Yes, the covered patio with a built-in bar overlooking the pool and water provides an ideal setting for outdoor entertaining and relaxing with family and friends.
What is the condition of the property?
The property is well-maintained, with a modern, flexible floorplan, and features such as ceiling fans and built-in wardrobes in all bedrooms, ready for comfortable family living.
Are there any additional amenities nearby?
Yes, the property is conveniently located just minutes from Q Super Centre, Pacific Fair, quality schools, parks, public transport, and the Broadbeach dining and entertainment precinct.
What is the investment potential of this property?
Given its prime water frontage location, spacious layout, and proximity to high-growth areas, this property offers strong investment potential with rental estimates between $1,700 and $1,800 per week.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming development plans or construction projects nearby that could impact the property? What are the total ongoing costs, including council rates, water rates, and strata fees if applicable? Is the property compliant with all building codes and regulations, including any recent renovations? Are there any known issues with the water frontage or water access rights? What is the history of the property's maintenance and any recent repairs or upgrades? Are there any restrictions on the use of the outdoor areas or water access? Is the property part of a strata scheme or community title, and what are the associated fees? Are there any noise or neighbour-related concerns in the area that should be considered?

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

Auction

Set on a generous north-facing 1,034sqm block with an expansive 19.2m* water frontage in a tightly held Mermaid Waters pocket, 5 Drayton Terrace presents an exceptional opportunity to secure a well-positioned home with outstanding future potential.

The existing single-level residence offers a flexible and functional floorplan, comprising four bedrooms - each with built-in wardrobes and ceiling fans - alongside a convenient home office, media room, formal dining area, and a second living space. At the rear, a covered patio complete with a bar overlooks the pool and water, creating an inviting setting for relaxed outdoor living and entertaining.

Opportunities of this scale and position are becoming increasingly rare in Mermaid Waters. Renowned for its coastal lifestyle, family-friendly atmosphere, and everyday convenience, the suburb continues to see strong demand. Ideally located just minutes from Q Super Centre, Pacific Fair, Broadbeach, quality schools, and the soon-to-arrive Gold Coast Light Rail, this is a superb chance to capitalise on location and create something truly special.

Property Specifications:
β€’ Generous north-facing 1,034sqm block with 19.2m* water frontage in a quiet, established street
β€’ Expansive single-level home with flexible floorplan and multiple living and entertaining zones, including media/lounge room, formal dining, and second living area
β€’ Triple garage with additional undercover, off-street parking behind a secure gate
β€’ Spacious laundry with ample storage throughout the home
β€’ Built-in wardrobes and ceiling fans in all bedrooms
β€’ Large master bedroom with ensuite and walk-in wardrobe
β€’ Four additional spacious bedrooms plus additional home office or multi-purpose room
β€’ Two bathrooms, plus additional powder room ideal for guests
β€’ Oversized kitchen with island bench, breakfast bar, butler's pantry, and ceiling fan
β€’ Covered patio with built-in bar, overlooking the pool and water-perfect for entertaining
β€’ Lush, private established gardens
β€’ Sparkling pool overlooking the water
β€’ Close to Q Super Centre, Pacific Fair, quality schools, parks, public transport, and Broadbeach dining and entertainment precinct
β€’ Strong investment potential in a high-growth coastal suburb

* Denotes approximate figure, boundary lines indicative only

Council Rates: Approx. $4,648 per annum
Water Rates: Approx. $461.98 per quarter
Rental Appraisal: Approx. $1,700 - $1,800

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.
Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
6
Area
1,034 mΒ²

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