20 Drayton TerraceMermaid Waters QLD 4218
Property Details for 20 Drayton Tce, Mermaid Waters
20 Drayton Tce, Mermaid Waters is a 4 bedroom, 2 bathroom Townhouse with 4 parking spaces and was built in 1989. The property has a land size of 819m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Townhouse sold in Mermaid Waters in the last 12 months.
Last Listing description (November 2023)
Families and developers, will appreciate the potential of this waterfront property offering a raft of exciting opportunities in highly sought-after Mermaid Waters.
A new owner is presented with the option to renovate the existing house, hold with income, knock down and rebuild a brand new residence, or take advantage of development approval for two lots by pursuing plans for two separate freestanding homes.
The 819m2* parcel has a 20.4-metre* water frontage at the end of a quiet inlet with its own sandy beach. The four-bedroom, two-bath house presents in original condition with an alfresco area and lagoon-style pool overlooking the water.
Located in a quiet street that caters to local traffic only, this property opens up a family-friendly lifestyle Q Super Centre, Bunnings, Lake Hugh Muntz and parks are all within walking distance, or jump on your beach cruiser to hit the patrolled waves of Mermaid Beach.
The Highlights:
- Large 819m2* waterfront block with 20.4m* of water frontage
- Quiet no-through street in family-friendly Mermaid Waters
- Development approval in place to sub-divide into two lots
- Designs for two homes have been prepared
- Renovate or rent the existing house
- Single-level residence in original condition
- Covered outdoor area overlooks the water
- Lagoon-style pool surrounded by tropical gardens
- Open plan living and dining with plush carpet and sliders to alfresco area
- Well-appointed kitchen with breakfast bar and stainless steel appliances
- Extra living space off the kitchen with pitched roof and sliders to outdoor entertaining
- Master suite with walk-in robe; ensuite with shower, toilet, vanity and corner bath
- Further three bedrooms; three with built-in robes; one with direct access to main bathroom
- Main bathroom with vanity, shower, built-in bath; separate toilet and vanity
- Laundry with access to external drying area and garage
- Ducted air-conditioning
- Double lock-up garage
- Low-maintenance gardens
Conveniently located in a highly desirable area off Markeri Street in Mermaid Waters, the property is positioned 56m from Drayton Park. The Q Super Centre is 900m away for everyday conveniences while Bunnings is an easy 850m walk for any home improvement needs. It's an easy 2.6km commute to Pacific Fair Shopping Centre, while the vibrant hub of Broadbeach's dining precinct and patrolled beaches are within 4km. The Gold Coast Highway is close by for easy commute north and south and the address sits within the catchment for Broadbeach State School which is 3.7km away, and Merrimac State High School which is 1.4km in distance.
Offering unlimited potential and appeal, inspect with Taylor Kleinberg on 0447 466 177.
Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 20 Drayton Tce, Mermaid Waters, QLD 4218
- 11 Jan 2024Sold for $1,950,000
- 01 Jun 2023Listed for Sale Under Contract
- 05 Aug 2012Sold for $685,000
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0About 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 6,191 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:
- The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
- Houses have a median rent of $1,200 while Units have a median rent of $700.
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