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40 Port Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Land area: 1007m2
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Prime Coastal Location, Waterfront Lifestyle, North facing with Sandy Beach and Pontoon, a large 1007m2 block.

So much potential – a well-maintained property with many improvements, presenting with good rental investment value, with the added potential to further renovate, knockdown and buildup with a second level to enjoy the city and hinterland views. A unique waterfront property, situated in the heart of the most sought-after nook of Mermaid Waters on a north-facing water frontage with sandy beach. There is plenty of scope for a new owner to add their distinctive touch to this solidly constructed home which can be built up to take advantage of the North facing Surfers Paradise city skyline views.
This sprawling single-storey family home with 3 bedrooms plus study (plus granny flat) on a rare, sprawling 1007m2 block, enjoys a freshly renovated kitchen, two generous separate living areas, covered alfresco terrace and sundeck. The property also has the added advantage of a separate double lock up as well as a single garage and two additional carports. Loads of room for the workshop enthusiast. The property also enjoys added income with a separate granny flat or rental unit (currently rented at $410 per week). This is situated above the double garage which has views to the hinterland and water and is air conditioned. This is the largest block in the street; the house is very private from the street, with the house tucked around the corner from streets view, a hint of a battle axe block.
Some of the many extra features of the property include the sturdy construction brick, 9 and 10-foot ceilings throughout and eco-friendly energy efficient solar panels. Additionally, for the security conscious, the property has a secure automatic entry gate, security cameras and well-placed spotlights. The owner is also offering the opportunity to purchase the contents of the property including a mobile home, small car, interior and exterior contents of the house at an additional cost (please discuss further with agent).
This rare position is currently the very best find on water to appeal to boat owners who like easy seaway access, a 20-metre-wide waterfrontage. The property is fit for the outdoor enthusiasts while it boasts a North facing sandy beach, complete with launching ramp and winch, with a large pontoon connected to 2 large pylons with a good-sized walkway (being freshly painted).
A prime coastal location to live, dine and play, its proximity to the sand, surf and burgeoning foodie hubs unites a love of premium living and dining within a stunning waterfront and close to beachside living. Generous with nearby parks, you are just minutes' drive to trendy coffee and food outlets at Mermaid Waters Shopping and a short drive to public and private schools, a 5-minute drive to Pacific Fair Shopping Centre and the Albert Waterways Community Centre and Library. The glitz and glamour of The Star Casino are waiting in approx. 3km, along with all the delights of Broadbeach.
Will you be the one to turn this unparalleled opportunity into a reality? Arrange your inspection today.
Secure your piece of waterfront family living in the heart of Mermaid Waters. Don't miss out – contact Lia Juriansz on 0431 997 339.

Property Details for 40 Port Dr, Mermaid Waters

40 Port Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1007m2. The place is currently for sale with The Agency Gold Coast.

Building Type
House
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.

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Lia Juriansz
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