1 Dame Patti Avenue,
Mermaid Waters, QLD 4218

This 713m2 corner block located in the heart of Mermaid Waters is an exceptional opportunity for astute investors. With dual street frontage and an approved Development Application (DA) already in place for two architecturally designed residences, this property is a valuable investment opportunity.
 
The current property features a two-storey family home, boasting four generously sized bedrooms, two bathrooms, open-plan living and dining areas, large kitchen, second living/parents retreat, in-ground swimming pool, and multiple outdoor entertaining spaces. This is truly an unbeatable location with walking distance to the beach and Gold Coast light rail.
 
Each luxury residence included in the approved DA features individual street frontage and boasts four spacious bedrooms, a separate study, three bathrooms, multiple living and entertainment spaces, kitchen with walk-in pantry, ground-floor pool, and an alfresco patio. This unique property presents a premier offering for those seeking a lucrative development opportunity.

The enviable locale of this property is only minutes away from boutique shopping, lively café and dining precincts, The Star Casino, and world-renowned beaches. With the perfect blend of lifestyle and location, this property invites you to indulge in the best of vibrant coastal city living.
 

DA Residence 1 Features:
– In ground swimming pool
– Expansive alfresco terrace and yard
– Open plan living, dining and kitchen
– Kitchen featuring island bench and walk-in pantry
– 4 spacious bedrooms
– 3 luxury bathrooms
– Master bedroom featuring double WIR, ensuite and balcony
– Large 2nd floor study
– Additional living room on the 2nd floor
– Plenty of storage throughout the home design
– Full-size laundry with external access
– Double lock-up car port

DA Residence 2 Features:
– In ground swimming pool
– Expansive alfresco deck with landscape gardens
– Open plan living, dining and kitchen
– Kitchen featuring island bench and walk-in pantry
– 4 spacious bedrooms
– 3 luxury bathrooms
– 2 x top floor bedrooms featuring adjoining balcony
– Master bedroom featuring double WIR, ensuite and balcony
– Large 2nd floor study
– Additional living room on the 2nd floor
– Plenty of storage throughout the home design
– Full-size laundry with external access
– Double lock-up car port

Current Residence Features:
– Large 713m2 corner block
– Spacious open plan living in and diving area
– Large kitchen with gas cooking
– Rear deck off the kitchen for entertaining overlooking the in-ground swimming pool.
– 4 bedrooms sizable bedrooms
– 2 well-appointed bathrooms
– Master bedroom featuring ensuite, walk-in robe and private deck with park and canal views.
– Easy side access with room for a large boat or caravan.
– Double carport with roller door storage

Suburb Profile:
Centrally located to the very best the Gold Coast has to offer, Mermaid Waters provides relaxation and lifestyle second to none! Filled with an array of trendy cafes, restaurants and bars – you’ll be spoilt for choice. Moments away from beaches, shopping mecca Pacific Fair, sports and recreation precinct Pizzey Park and Primary and High Schools. The waterfront properties offer direct ocean access, ideal for water enthusiasts and leafy parks and bikeways appeal to the outdoorsy type. A friendly community suburb, Mermaid Waters has something on offer for everyone.

Disclaimer: Whilst every effort has been made to ensure the accuracy of the above and attached information, no warranty is given by the agent, agency or vendor as to their accuracy. Interested parties should not rely on this information as representations of fact but must instead satisfy themselves by inspection or otherwise.