12 Wollundry Place
Mermaid Waters 4218

An Exceptional Waterfront Result in Mermaid Waters

Successfully secured prior to launching to the wider market, 12 Wollundry Place, Mermaid Waters has achieved an outstanding off-market result.

Positioned on a substantial 800m² north-east facing waterfront allotment within the highly sought-after RD1 zone, the property presented a rare opportunity to secure premium waterfront land with exceptional redevelopment potential. Offering expansive water views and a stunning outlook towards the Broadbeach skyline, it was a compelling proposition for buyers looking to create a landmark waterfront residence in one of Mermaid Waters' most tightly held pockets.

The existing single-level residence comprises five bedrooms, three bathrooms, secure accommodation for two vehicles, a swimming pool and private pontoon, providing immediate liveability while future plans are considered.

Whether choosing to enjoy the home as it stands, renovate, land bank or pursue a redevelopment opportunity (STCA), the property offered outstanding flexibility and long-term value.

A successful off-market result achieved through strategic engagement, strong buyer relationships and access to a network of qualified purchasers seeking premium waterfront opportunities.