15 Drayton Terrace, Mermaid Waters QLD 4218

Set in a tranquil cul-de-sac within the sought-after Mermaid Waters area, this waterfront house offers a rare combination of spacious family living and exceptional redevelopment potential under RD1 zoning (subject to council approval). The substantial 860m² waterfront block boasts an impressive 20.3-metre frontage complete with private sandy beach and pontoon, enhancing its appeal for water enthusiasts and those seeking a lifestyle connected to the coast.

The existing single-level home provides four bedrooms and two bathrooms across approximately 270m² of internal living space, complemented by a total of 330m² under roof. Designed with multiple living zones, it accommodates relaxed everyday family life alongside seamless entertaining opportunities. Highlights include a formal lounge with fireplace, a waterfront living room framed by bay windows, and a built-in bar overlooking the lagoon-style in-ground pool and tropical gardens.

Functionality is enhanced by a well-equipped kitchen featuring modern appliances, a walk-in pantry, and flow into separate dining and alfresco areas. The master suite is thoughtfully designed with a walk-in robe, oversized ensuite with dual vanity, and direct alfresco access, while the additional three bedrooms have built-in robes and share a main bathroom complete with separate bathtub. Practical considerations include a separate laundry and a double remote garage with internal access plus additional storage.

This property's location is ideal for families and investors, positioned moments from key conveniences such as cafes, reputable schools, shopping centers including Q Super Centre and Pacific Fair Shopping Centre, and popular beaches like Nobby Beach. The sizeable landholding combined with the solid residence offers renovation or rebuild potential, as well as opportunities for subdivision, making it an appealing prospect for those looking for a strategic investment or to create a bespoke luxury family residence.

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.