122/215 Cottesloe Drive, Mermaid Waters, Qld 4218-Image

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122/215 Cottesloe Drive, Mermaid Waters, Qld 4218

Offers Over $988,888

Townhouse

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, July 06, 2026 ( See property details for 122/215 Cottesloe Drive, Mermaid Waters, Qld 4218)

Offers Over $988,888

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AI Property Insight

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

A stunning waterfront townhouse in Mermaid Waters offering resort-style amenities, modern living spaces, and excellent investment potential.

🏡 Property Highlights

Prime waterfront location overlooking Lake Orr
Secure gated complex with manicured gardens
Resort-style swimming pools with waterfalls and spa
Currently returning $760 per week with potential for higher rental income
Three spacious bedrooms with built-in wardrobes and master balcony
Ample parking including a single lock-up garage and two additional spaces

✨ Key Features

Swimming Pool
Garage
Air Conditioning
Ensuite
Outdoor Area
Built-in Robes
Open-Plan Living
Security Screens / Gates
Waterfront / Views
Extra Storage (Shed/Linen)

Suburb and Property Insights of Mermaid Waters, QLD 4218

Mermaid Waters is a highly sought-after suburb on the Gold Coast, renowned for its beautiful lakes, family-friendly environment, and convenient access to beaches, shopping, and entertainment. The area offers a vibrant community atmosphere with excellent schools and parks, making it ideal for both families and investors. Its central location ensures easy connectivity to the broader Gold Coast region, providing a perfect balance of lifestyle and convenience.

Frequently Asked Questions

What are the key features of this waterfront townhouse?

This townhouse features three bedrooms with built-in wardrobes, an ensuite and balcony in the master, a modern central kitchen with a dishwasher, air-conditioned lounge, multiple toilets, and secure parking with a lock-up garage plus additional spaces.

What amenities are available within the Sailfish Cove complex?

The complex offers three swimming pools with waterfalls, a spa, multiple undercover entertainment areas, a picnic area overlooking Lake Orr, a walking trail, a jetty for fishing, manicured gardens, and ample guest parking.

Is the property currently rented, and what is the rental income?

Yes, the property is currently leased at $760 per week until January 2027, with potential to achieve over $900 per week through onsite management.

What makes this property a good investment?

Its prime waterfront location, high rental yield potential, resort-style amenities, and strong demand in Mermaid Waters make it an excellent addition to any property portfolio.

What is the condition of the property?

The property is well-maintained, modern, and move-in ready, with updated interiors and quality fixtures throughout.

What to ask about this property to agent?

Are there any upcoming body corporate or strata fees, and what do they cover? Are there any restrictions or easements on the waterfront property? Has the property been affected by flooding or bushfire risks? Are there any planned developments or construction nearby that could impact the property? What are the total ongoing costs, including council rates and body corporate fees? Is there any history of structural issues or repairs needed? Are there any restrictions on leasing or subletting the property? What are the rules regarding use of the complex's amenities and common areas?

122/215 Cottesloe Drive, Mermaid Waters, Qld 4218 - More Details

Offers Over $988,888

Type: Townhouse
Bedrooms: 3
Bathrooms: 2
Parkings: 1

122/215 Cottesloe Drive, Mermaid Waters, Qld 4218 - Point Of Interest

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Your Commute at a Glance: 122/215 Cottesloe Drive, Mermaid Waters, Qld 4218

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122/215 Cottesloe Drive, Mermaid Waters, Qld 4218

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