5/20 Duet Drive, Mermaid WatersQLD 4218

Apartment · 2 bed · 1 bath · 1 car · 998 m²

Offers above $795,000

Listing detail

5/20 Duet Drive, Mermaid Waters — photo 1 of 5
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5/20 Duet Drive, Mermaid Waters

Listing data updated 15 June 2026

2 bed1 bath1 car998 m² land

Perfectly positioned in the heart of Mermaid Waters, this inviting apartment offers exceptional convenience with everything you need just moments away. Positioned on the first floor, this two-bedroom apartment delivers lifestyle, location and outstanding future potential in one compelling package. Just minutes from Pacific Fair Shopping Centre, The Star, patrolled sandy beaches, and a vibrant selection of cafes and restaurants, it places the very best of Gold Coast living at your fingertips. Set within a boutique complex of only six residences on a generously sized block, the apartment offers a rare combination of position, privacy and space at an accessible price point. Inside, the spacious open-plan layout is complemented by a highly functional kitchen, two generous bedrooms with a central bathroom in between, and excellent natural light throughout. A separate single lock-up garage adds further practicality and appeal. Residents enjoy access to a private swimming pool, while low body corporate fees further enhance the property’s long-term investment appeal. Currently leased at $650 per week, this is an outstanding opportunity for investors seeking immediate income with future value-add potential. For owner-occupiers, it offers the chance to secure a blue-chip location now and renovate to taste when the lease concludes. Whether you are looking to invest, renovate or establish yourself in one of the Coast’s most convenient lifestyle pockets, this is a rare opportunity not to be missed! Features include: - North-facing aspect - First-floor position - Spacious open-plan living area - Elevated, airy outdoor patio - Large kitchen with ample storage - Two generous bedrooms, both with built-in robes - Compact laundry neatly concealed in a cupboard - Ceiling fans throughout - Separate oversized lock-up garage - Boutique complex of only six apartments - Set on a 999sqm block - Private swimming pool - Low body corporate fees of approximately $65 per week - Rental appraisal of approximately $675–$725 per week Please Contact David to book your private viewing on 0411 851 858 Disclaimer: In preparing this information, we have used our best endeavors to ensure that the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies "or misstatements" that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

RealistIQ deal score

Watch value signal

50

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 5/20 Duet Drive, Mermaid Waters before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is $60,000 below RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $668,000 - $1,041,000Wider ranges mean more uncertainty.
RealistIQ estimate$855,000
Market price guide$795,000
$668,000$1,041,000

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Property features

Features detected from the listing details.

Comfort

Built-in wardrobes

Kitchen & utilities

Internal laundry

Outdoor & building

Swimming pool

Security & access

Secure parking

Lifestyle & views

North-facing

Listing details

Status
Offers above $795,000

Agent and agency

Contact

Chaz Handyside

Agency

Boutique Avenue Real Estate

External listing
larger landrenovated