12 Cadence Ave, Mermaid Waters is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1088m2 and floor size of 318m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.
Positioned on a substantial 1,089m* corner allotment between two quiet cul-de-sac streets in one of Mermaid Waters most tightly held pockets, this expansive north-east facing waterfront holding presents a rare opportunity to secure a premium parcel with significant untapped potential.
Surrounded by substantial residences commanding multi-million-dollar prices, the block enjoys a prized outlook with 9 metres* of white sandy water frontage to wide inlet and a peaceful, private setting in proximity to the coast. The generous land size and favourable orientation present scope for future redevelopment, including the potential to create dual waterfront townhouse residences, subject to council approval, benefiting from calm canal conditions while remaining moments from main boating channels.
Currently occupying the block is an original single-level family home, and one of the earliest houses established in this enclave. The residence offers generous proportions, multiple living zones and direct access to the private sandy beach, providing immediate holding income or comfortable accommodation while future plans are explored.
Whether retained, renovated or reimagined, this is a blue-chip Mermaid Waters offering where location, land size and orientation combine to create an exceptional long-term investment or development opportunity in a suburb renowned for its enduring value.
The Highlights:
- Rare 1,089m* north-east facing waterfront allotment
- Prominent corner position between two quiet cul-de-sac streets
- Development potential for dual waterfront residences subject to council approval
- Located in premium, central Mermaid Waters location
- Approx. 9m* water frontage to wide inlet, with private sandy beach
- Calm canal setting with easy access to the Nerang River
- Surrounded by quality homes and multi-million-dollar residences
- Original brick family home with large backyard and five car spaces
- Four-bedroom residence with multiple living areas
- Ideal holding property while future plans are considered
Set within one of Mermaid Waters' most desirable pockets, this address is moments from the popular Nobby Beach dining and caf precinct, local parks and everyday conveniences. Patrolled beaches are within 2km, Pizzey Park sporting facilities, Pacific Fair Shopping Centre, Broadbeach, Mermaid Beach and Miami are all close by. Positioned within the catchment for Mermaid Waters State School and Miami State High School, the home is also within easy reach of respected private schools including Somerset College and Marymount College. Public transport and major amenities are nearby, reinforcing the long-term lifestyle and investment appeal of this exceptional waterfront location.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the 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 6,209 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:
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