FOR SALE
Off Market Opportunity

17 Drayton Terrace
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 890m2
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Endless Possibilities in a Quiet Coastal Enclave

Discover a one-of-a-kind waterfront property in Mermaid Waters, set in a quiet cul-de-sac on a sprawling 890m² north-facing block. This residence offers a rare combination of luxurious living, expansive water views, and versatile opportunities.
Property Highlights:
• North-facing on a tranquil canal, this 890m² block boasts 21 meters of prime waterfront, providing serene water views and excellent natural light throughout the day.
• Ready-to-execute plans designed by Jayson Pate focus on updating the current home, preserving its unique architectural integrity while adding contemporary touches that elevate the coastal lifestyle.
• The existing home showcases a solid double brick and suspended slab construction, an iconic helix staircase, 3-meter-high ceilings, and architectural windows-perfect foundations for a stunning renovation.
• The master bedroom offers breathtaking skyline views, complemented by a walk-in robe and a spacious ensuite.
• 4 additional upstairs bedrooms provide stunning water and skyline views.
• 4 expansive internal living areas for versatile entertaining and relaxation.
• Dedicated study located on the ground floor.
• Ducted air conditioning throughout for year-round comfort.
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Property Details for 17 Drayton Tce, Mermaid Waters

17 Drayton Tce, Mermaid Waters is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 890m2. The place is currently for sale with Ray White Burleigh Group.

Building Type
House
Land Size
890m2

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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 6,180 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 103.10% increase in median value, while Units have seen a 102.32% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Waters is $1,874,168 while the median value for Units is $814,080.
  • Houses have a median rent of $1,150 while Units have a median rent of $730.
There are currently 42 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cheree Kalusevicius
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Ray White Burleigh Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.