40 Port Drive, Mermaid Waters, QLD, 4218, Australia

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.