FOR SALE
Expression of Interest

40 Port Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 390m2
Land area: 1007m2
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Prime Waterfront Opportunity: Expansive 1007m² Block with Endless Potential in Mermaid Waters

Located in the prestigious Mermaid Waters, this expansive 1007m² north-facing waterfront property at 40 Port Drive combines privacy, space, and direct water access. With a rare, picturesque sandy beach frontage and private pontoon, it's ideal for boating enthusiasts and outdoor lovers.
Property Overview:
- Prime Location: Situated in sought-after Mermaid Waters, enjoy breathtaking views and proximity to the best of the Gold Coast, including vibrant beaches, Pacific Fair Shopping Centre, and The Star Casino.
- Waterfront Lifestyle: Extensive waterfrontage with a sandy beach and large pontoon offers an idyllic setting for relaxation and recreation, perfect for boat owners.
- Spacious Living Areas: The home includes two large living areas, with potential for a second-level extension to capture panoramic views of Surfers Paradise skyline and Hinterland.
- Income Potential: A separate air-conditioned granny flat above the double garage provides additional income, currently rented at $410 per week.
- Outdoor Entertaining: Multiple outdoor spaces, including a pool area and sun deck, are ideal for entertaining or simply enjoying the serene surroundings.
Additional Features:
- Motor Home & Vehicle Purchase Option: The owner offers the option to include a motor home, car, and other contents for an additional cost.
- Energy Efficiency: Fitted with solar panels, the property is eco-friendly and cost-effective.
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Property Details for 40 Port Dr, Mermaid Waters

40 Port Dr, Mermaid Waters is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1007m2 and floor size of 390m2. The place is currently for sale with GC Prestige Group.

Building Type
House
Floor Size
390m2
Land Size
1007m2

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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 6,178 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, 342 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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GC Prestige Group
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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.