1 Gretel DriveMermaid Waters QLD 4218
Property Details for 1 Gretel Dr, Mermaid Waters
1 Gretel Dr, Mermaid Waters is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 1019m2 and floor size of 432m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (March 2022)
8 bed, 3 bath, 4 car
REDEVELOP, REBUILD OR RESIDE POTENTIAL APLENTY ON LARGE WATERFRONT BLOCK
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, caf 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
Property History for 1 Gretel Dr, Mermaid Waters, QLD 4218
- 19 Nov 2021Sold for $1,875,000
- 11 Nov 2021Listed for Sale UNDER CONTRACT
- 20 Mar 2014Listed for Sale $849,000
Recent sales nearby
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About Mermaid Waters 4218
The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.
Mermaid Waters has 6,207 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:
- The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
- Houses have a median rent of $1,200 while Units have a median rent of $773.
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