15 Drayton Terrace
Mermaid Waters 4218

Positioned in a quiet cul-de-sac in the heart of Mermaid Waters, this prime waterfront holding offers an exciting array of possibilities for families, investors or developers seeking location, lifestyle and long-term upside.

Set on a generous 860m²* block with an impressive 20.3m* of water frontage, the property enjoys a peaceful outlook over a wide, sandy beach inlet – the perfect backdrop for relaxed living or future enhancement.

The existing four-bedroom, two-bathroom home is neat & tidy and offers immediate livability or rental income while exploring future plans. Options include renovating the current residence, rebuilding a luxury family home, or pursuing a dual-lot subdivision and redevelopment opportunity, subject to council approval (STCA).

Located just moments from local conveniences, cafes, top schools and the beach, this tightly held address is an ideal setting for growing families or strategic investors looking to capitalise on strong demand in a central, high-growth suburb.

Property Highlights:

- Expansive 860m²* block with 20.3m* of wide water frontage

- Quiet cul-de-sac street with a sandy beach and tranquil water views

- Original four-bedroom, three-bathroom home with alfresco area and lagoon-style pool

- Multiple living zones and functional family-friendly layout

- Ample off-street parking, scope to modernise or rebuild

- Exceptional potential to renovate, rebuild or redevelop (STCA)

- 10m to Drayton Park and green open space

- 850m to Bunnings, 900m to Q Super Centre

- 2.6km to Pacific Fair and 4km to patrolled beaches and Broadbeach dining precinct

- Close to public transport, the Gold Coast Highway and local schools

- Within catchment for Broadbeach State School (3.7km) and Merrimac State High (1.4km)

Mermaid Waters has quickly become one of the Gold Coast's most sought-after suburbs, favoured for its family-friendly atmosphere and proximity to key conveniences. Located in a desirable waterfront pocket, this address is less than 1km from Q Super Centre, and just 2.5km from the world-class retail precinct of Pacific Fair Shopping Centre. It also enjoys proximity to the patrolled surf, popular eateries and boutique stores of Nobby Beach, including The Oxley precinct, which are only 3.5km away.

Contact Gypsea Youngsmith on 0424 544 485 to arrange a private inspection.

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.