Unlock the potential of one of Mermaid Waters' most exceptional landholdings. This expansive 1,148m² waterfront site offers a remarkable 62 metres of wide water frontage along with sweeping skyline and hinterland views. Positioned within 600 metres to the beach and moments from Mermaid Plaza and some of Mermaid's most recognised dining spots, this is an unrivalled opportunity to secure a premier block in a tightly held pocket. Property Features: -Prime 1,148m² waterfront allotment with an impressive 62 metres of water frontage -Within 600 metres to the beach, shopping complexes and some of Mermaid's most recognised restaurants -Outstanding opportunity to knock down and rebuild a luxury home tailored to your vision -Expansive east facing aspect that captures natural light and cooling breezes -Large level site with abundant space for pool, landscaping and secure parking -Council rates approximately $4,728pa - Water rates approximately $2,424pa -Rental return approximately $2,000 to $2,200 per week The existing home provides holding income but is best viewed as a knockdown, giving you the chance to create a dream residence that makes full use of the views, scale and lifestyle this outstanding location offers. Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.
RealistIQ deal score
Neutral value signal
0
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 46 Markeri Street, Mermaid Waters before you inspect or make an offer.
Independent price check
RealistIQ estimate available
Market price guide unavailable for this listing.
RealistIQ estimate range: $1,909,000 - $7,948,000Wider ranges mean more uncertainty.
RealistIQ estimate$4,928,000
$1,909,000$7,948,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
