1 Gretel Drive, Mermaid Waters QLD 4218

8 bed, 3 bath, 4 car

REDEVELOP, REBUILD OR RESIDE – POTENTIAL APLENTY ON LARGE WATERFRONT BLOCK
A rare opportunity to retain, reside, commercial space, lease, renovate, land bank, redevelop or rebuild on this prime 1,019m2 waterfront site currently occupied by an income-producing residence.
This blue-chip development site is a northeast-facing corner block with access from both Gretel Drive and Sunshine Boulevard boasting wide frontage on tranquil water in the heart of Mermaid Waters.
The level block is capable of potentially accommodating commercial space, duplexes, a substantial new family residence and villas, presenting the perfect opportunity for investors, developers, and builders.
Location, lifestyle, and liveability do not get any better. Enviably positioned on waterfront and within close proximity to world-class infrastructure including the $670 million Pacific Fair redevelopment, Star Casino, Broadbeach foreshore, Mermaid Beach's world class beaches, schools, Olympic pool facilities, restaurant, café and shopping precinct.
The current residence, a 473m2 freestanding home of two levels, presents a versatile layout on polished timber floors perfectly suited as two separate units with views, alfresco spaces and open-plan living, dining and functional kitchens on both levels.
The ground floor comprises four bedrooms and a granny flat while four bedrooms also occupy the top level. The property has a private beach edging the waterfront, a pool, covered parking for four vehicles, various storage areas, a large lawn and waterfront, hinterland and skyline views.
Level 1,019m2 corner block orientated east to water
Two-storey house of 473m2 with dual-living options
Private sandy beach, wide water, inground pool and spa
Waterfront, hinterland and skyline views
8 bedrooms, 3 bathrooms, multiple living areas
Covered parking for 4 cars plus shed and storeroom
Within minutes to world-class infrastructure
Convenient central location only minutes to Gold Coast beaches. Very close to Pacific Fair and Robina Town Centre for shopping, Primary and Secondary schools, Star Casino, Broadbeach, Mermaid Beach and Burleigh Heads for restaurants and entertainment and the Pizzey Park Olympic sporting precinct