Set within one of Mermaid Waters' most tightly held enclaves, 21 Drayton Terrace offers an unbeatable combination of position, lifestyle, and potential. Tucked away in a peaceful, tree-lined street and occupying a sprawling 845m² north-facing waterfront block, this single-level residence presents a rare opportunity for families, renovators, and developers alike.
Boasting a 20-metre street frontage and a matching 20 metres of wide water frontage, the home commands impressive street presence while capturing panoramic water views from the rear - a pairing that's increasingly scarce in this prestigious locale.
Behind its timeless brick façade, the home reveals a thoughtfully designed layout that balances open living with privacy and practicality. There are multiple internal living zones, four spacious bedrooms, and effortless indoor-outdoor flow, all enhanced by natural light and cooling breezes thanks to its prized northerly aspect.
Whether you choose to move straight in, renovate to your taste, or redevelop the site entirely (STCA), the foundation for long-term capital growth is undeniably strong.
Inside the Home: Functional Layout Meets Everyday Comfort
At the heart of the home is a generous open-plan kitchen, dining, and living space-perfectly oriented to capture water views and morning sunlight. The central kitchen offers a functional footprint with scope to modernise, while the adjoining meals area flows seamlessly to a covered alfresco patio, ideal for entertaining year-round.
A separate lounge or media room to the front of the home adds flexibility-perfect for larger families, work-from-home needs, or creating a kids' retreat.
- Master suite with walk-in robe, ensuite, and peaceful separation from other bedrooms
- Three additional bedrooms with built-in robes and ceiling fans
- Main bathroom with bath, shower, and a separate toilet
- Large laundry with direct yard access
Outdoors: Room to Expand, Entertain & Enjoy the Water
Step outside to discover the true magic of this home. The north-facing backyard is sun-drenched and private, with lush established gardens, level lawns, and scope to add a swimming pool or second dwelling (STCA). The wide water frontage is ideal for kayaking, stand-up paddleboarding, or simply enjoying sunset drinks from your own backyard oasis.
The covered entertaining area invites alfresco dining and family barbecues, while the fully fenced yard is perfect for children and pets. The home also features a secure double garage with internal access, along with plenty of space for additional off-street parking or a boat.
Key Features:
- Expansive 845m² block with wide dual frontages
- 20m waterfront & 20m street frontage
- Redevelopment potential
- Light-filled interiors and flexible layout
- Multiple living zones for family functionality
- North-facing backyard with private outdoor entertaining
- Master with ensuite + 3 well-sized additional bedrooms
- Secure double garage + ample off-street parking
- Fully fenced yard with potential for a pool or second dwelling
A Location That Has It All
21 Drayton Terrace is more than just a property-it's a gateway to an enviable coastal lifestyle. Located in a quiet, family-friendly pocket, it's just minutes to:
- Golden beaches, Mermaid Beach foreshore & scenic walking trails
- Pacific Fair, Q Super Centre, and local cafes and restaurants
- Prestigious schools including Miami High, Merrimac SHS, and All Saints
- Parks, sporting facilities, and beautiful canals
- Public transport, major arterial roads, and the Broadbeach dining precinct
The Opportunity
With such a rare combination of position, potential, and lifestyle, this is one of the last remaining north-facing waterfront blocks of this size and flexibility in Mermaid Waters. Whether you're looking for a quality family home, a renovation project with strong bones, or a blank canvas for redevelopment, 21 Drayton Terrace ticks every box.
Opportunities like this don't last. Secure your slice of Mermaid Waters while you still can.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but 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. * denotes approximate measurements
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