30 Kurrawa Avenue
Mermaid Waters 4218

Landmark 1,304m² Waterfront Allotment: Prized Lifestyle, Location and Potential

Released for sale only twice in almost half a century, this rare and remarkable 1,304m² waterfront holding represents an exceptional property opportunity. Basking in a wide canal outlook, where towering, tropical palms line a staggering 45m sandy beach, this expansive point-position parcel offers enticing scope, scale and a superb lifestyle. Direct ocean access via Main River and the Seaway is perfect for boating or jet ski enthusiasts, while everyday convenience is just as impressive – walk to the beach, light rail, Woolworths Metro and the vibrant Nobby Beach precinct.

Tucked away in a peaceful cul-de-sac, the property offers multiple lucrative avenues for future prosperity. Capitalise on the substantial block size and outlook to create a custom luxury waterfront residence, or explore the DA-approved two-lot freehold subdivision already in place. There is also potential for up to three attached dwellings (STCA), opening the door to a premium development opportunity in a highly sought-after coastal location. In the meantime, the existing residence provides comfortable liveability and valuable holding income, allowing you to move straight in or lease the property while planning the next chapter.

Having undergone thoughtful updates in 2019, new flooring and electrical work accompany a modern kitchen with stone benchtops. Two spacious living zones include a large open-plan kitchen, dining and living area plus a versatile home office or second lounge. The master suite features dual built-in robes and a private ensuite, while two additional bedrooms include built-in desks and robes. A main bathroom and separate toilet enhance everyday practicality, complemented by shade-sailed covered parking for three cars. Outdoors, a sprawling backyard meanders towards the water's edge where a pontoon awaits, complemented by covered alfresco terraces and a privately placed pool.

The Highlights:

- Rare and remarkable 1,304m² point position waterfront landholding, rich with lucrative potential

- Staggering 45m waterfrontage, lined with towering, tropical palm trees

- Quiet cul-de-sac in a tightly held coastal pocket, walking distance to beach, light rail, Metro shopping and Nobby Beach precinct

- Direct ocean access via Main River and the Seaway – ideal for boating and jet skis

- Capitalise on the substantial block size and outlook and build a luxury waterfront residence, with development potential for up to three attached dwellings (STCA)

- DA-approved two-lot freehold subdivision already in place

- Scope to live in or rent out the charming 3-bed, 2-bath existing home as you explore your options

- Renovations in 2019 included new flooring, electrical upgrades and modern stone kitchen

- Two living areas

- Pool, pontoon, alfresco terraces and covered parking for three cars

- Only the second time offered for sale since 1978

Nestled within a tightly held pocket of Mermaid Waters, stroll to the vibrant Nobby Beach or Mermaid Beach dining precincts to sample an array of delicious eateries or head seaside for a refreshing swim. Mermaid Plaza is also within walking distance – a handy place to stock up on supplies at Woolworths – or for a large-scale shopping and leisure experience, Pacific Fair beckons in 3km. Miami State Primary and High School are under 3km away, along with 60ha Pizzey Park, a haven for sport lovers.

Waterfront landholdings of this scale and calibre are increasingly scarce. Capitalise on the exceptional blend of lifestyle, location and potential and secure a landmark opportunity primed for future prosperity. Contact Taylor Kleinberg on 0447 466 177 or Thibault Parolini on 0401 023 142 today.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.