Set on a generous north-facing 1,034sqm block with an expansive 19.2m* water frontage in a tightly held Mermaid Waters pocket, 5 Drayton Terrace presents an exceptional opportunity to secure a well-positioned home with outstanding future potential. The existing single-level residence offers a flexible and functional floorplan, comprising four bedrooms - each with built-in wardrobes and ceiling fans - alongside a convenient home office, media room, formal dining area, and a second living space. At the rear, a covered patio complete with a bar overlooks the pool and water, creating an inviting setting for relaxed outdoor living and entertaining. Opportunities of this scale and position are becoming increasingly rare in Mermaid Waters. Renowned for its coastal lifestyle, family-friendly atmosphere, and everyday convenience, the suburb continues to see strong demand. Ideally located just minutes from Q Super Centre, Pacific Fair, Broadbeach, quality schools, and the soon-to-arrive Gold Coast Light Rail, this is a superb chance to capitalise on location and create something truly special. Property Specifications: • Generous north-facing 1,034sqm block with 19.2m* water frontage in a quiet, established street • Expansive single-level home with flexible floorplan and multiple living and entertaining zones, including media/lounge room, formal dining, and second living area • Triple garage with additional undercover, off-street parking behind a secure gate • Spacious laundry with ample storage throughout the home • Built-in wardrobes and ceiling fans in all bedrooms • Large master bedroom with ensuite and walk-in wardrobe • Four additional spacious bedrooms plus additional home office or multi-purpose room • Two bathrooms, plus additional powder room ideal for guests • Oversized kitchen with island bench, breakfast bar, butler's pantry, and ceiling fan • Covered patio with built-in bar, overlooking the pool and water-perfect for entertaining • Lush, private established gardens • Sparkling pool overlooking the water • Close to Q Super Centre, Pacific Fair, quality schools, parks, public transport, and Broadbeach dining and entertainment precinct • Strong investment potential in a high-growth coastal suburb * Denotes approximate figure, boundary lines indicative only Council Rates: Approx. $4,648 per annum Water Rates: Approx. $461.98 per quarter Rental Appraisal: Approx. $1,700 - $1,800 Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements. Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.
RealistIQ deal score
Neutral value signal
0
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 5 Drayton Terrace, 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: $1,371,000 - $2,998,000Wider ranges mean more uncertainty.
RealistIQ estimate$2,184,000
$1,371,000$2,998,000
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.
