166 Sunshine Bvd, Mermaid Waters is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 776m2.This Property is currently listed for sale with Ray White Burleigh Group
This tightly held waterfront property is being offered to the marker for the first time in 30 years and presents a genuine opportunity to secure a highly desirable east-facing position with wide water views stretching towards the Broadbeach skyline.
Whether you're looking to move straight in, renovate and add value over time, or take advantage of the position to create a brand-new luxury residence (STCA), the fundamentals here are difficult to replicate.
The existing single-level residence provides comfortable family living with four bedrooms, two bathrooms and multiple indoor and outdoor spaces positioned to take advantage of the waterfront setting.
Outside, an oversized swimming pool and expansive entertaining deck create an impressive setting for relaxing or entertaining while enjoying uninterrupted water views. Beautifully maintained gardens provide generous lawn areas for children and pets, while secure gated entry offers additional privacy. Rooftop solar further complements the home and assists with energy efficiency.
The property also offers two-car accommodation, with a renovated section of the former garage currently configured as an additional bedroom or multipurpose space. Buyers should make their own enquiries regarding relevant approvals.
Property Highlights
Highly sought-after east-facing waterfront position
Wide water outlook towards the Broadbeach skyline
Outstanding opportunity to move in, renovate or rebuild (STCA)
Four-bedroom, single-level residence
Two bathrooms
Three-car accommodation
Rooftop solar system
Oversized swimming pool
Expansive waterfront entertaining deck
Secure gated entry
Beautifully maintained gardens and generous lawn areas
Renovated multipurpose room converted from part of the garage (buyers should make their own enquiries regarding approvals)
Approximate Outgoings
Council rates: $4,029.28 per annum
Water rates: $1,164.33 per annum (approx.)
Waterfront properties combining an east-facing aspect, wide water views and genuine future potential are increasingly difficult to secure.
This estate represents a genuine sale and an important opportunity for buyers ready to act. Whether the vision is to enjoy the home as it stands, undertake a substantial renovation or create an entirely new luxury waterfront residence (STCA), the position provides an exceptional foundation for the future.
Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for 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.
Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.
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 6,224 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:
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