2/12 Koomooloo CourtMermaid Waters QLD 4218
Property Details for 2/12 Koomooloo Ct, Mermaid Waters
2/12 Koomooloo Ct, Mermaid Waters is a 7 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 1026m2 and floor size of 117m2.
Last Listing description (February 2026)
Held in the same family for almost four decades and offered to the market for the first time, this substantial 1,026m2 Mermaid Waters landholding with an impressive 57.7 metres of street frontage presents a rare opportunity to secure a blue-chip site with outstanding future potential in one of the Gold Coast's most desirable lifestyle locations.
Offered on one title and currently comprising two existing dwellings, the property provides immediate flexibility for investors or those seeking to landbank, while also presenting a genuine knock-down rebuild opportunity to create a premium single residence in a highly sought-after pocket.
Positioned on a Large 1,026m2 block, in a prime, tightly held Mermaid Waters location within a quiet cul-de-sac, just moments from Broadbeach Waters and only minutes to the coastline, cafs and lifestyle amenities, this address combines space, scale and long-term upside in an area where opportunities of this calibre are increasingly scarce.
The property includes two original, self-contained residences, fully fenced with functional layouts and flexible holding with immediate income potential. One dwelling is currently vacant, while the other is held on a periodic lease, offering holding income while planning future works. Held by the same family for many years, the owners are now offering this exceptional site to the market.
Each residence enjoys private courtyards and off-street parking, allowing buyers to generate income while considering future development or a new build.
Residence One
* Four bedrooms
* One bathroom
* Open-plan living and dining
* Kitchen
* Carport plus additional driveway parking and off-street car parking
Residence Two
* Three bedrooms
* One bathroom
* Separate laundry
* Enclosed private courtyard
* Two driveways
* Carport parking plus additional off-street parking
Both dwellings are functional and rentable in their current form, offering flexibility for investors, landbankers or owner-builders.
The generous land size and substantial street frontage offer scope to explore a future subdivision into two allotments, subject to council approval (STCA).
Exceptional Land & Planning Fundamentals
* Land size: 1,026m2
* Street frontage: Approx. 57.7 metres
* Aspect: North-facing rear yards, south-east facing frontage
* Zoning: Low Density Residential
* Height limit: Up to 9 metres (generally two storeys, subject to council approval)
* Typical outcomes: Single detached dwelling, renovation, extension or rebuild within the planning envelope (STCA)
The zoning supports detached housing outcomes, making this site ideal for a substantial family residence or long-term landhold strategy in a tightly held precinct.
Set in a Prime Mermaid Waters Lifestyle Location.
Perfectly positioned in the heart of Mermaid Waters, just moments from Rio Vista Boulevard, this location is fast becoming one of the Gold Coast's most desirable lifestyle addresses for families, owner-occupiers and long-term investors alike. Known for its leafy streets, proximity to waterways and relaxed coastal feel, Mermaid Waters continues to grow in demand thanks to its central position and enduring appeal.
A review of the surrounding area highlights this site as one of the few remaining landholdings of its size and scale in Mermaid Waters.
Location Highlights
* 2.9km to Pacific Fair
* 1.3km to Q Super Centre
* 2.8km to Mermaid Beach
* 3.5km to future light rail
* 1.3km to Merimac State School
* 4.9km to Miami State High School
* 3.7km to Nobby's Beach precinct
* 2.4km to Metro Shopping Centre
* 2.8km to The Star Casino
* 7.3km to Burleigh Heads
Residents enjoy effortless access to the best of the Gold Coast lifestyle, with beaches, cafs, restaurants, shopping, schools, parks and transport all within easy reach. Future light rail connectivity nearby further enhances long-term growth prospects.
The combination of land size, premium location and favourable zoning creates a compelling opportunity for buyers seeking space, flexibility and long-term upside in a highly desirable coastal setting.
Opportunities to secure large-scale landholdings with existing income and genuine redevelopment potential in this tightly held pocket of Mermaid Waters are increasingly rare.
Whether you are looking to landbank, invest, or design and build a premium residence, this exceptional site offers the flexibility to realise a range of future possibilities while enjoying immediate lifestyle appeal.
Do not miss this rare opportunity to create your dream home, develop luxury villas (STCA), or secure a blue-chip investment, all just moments from the iconic Mermaid Beach lifestyle, world-class dining and shopping precincts.
For further information or to arrange a private inspection, please contact
Carlie Mills on 0433 341 896.
Disclaimer: The above information has not been verified. We advise you to confirm the accuracy of details before entering into a contract. Amir Prestige and its employees cannot be held responsible for any inaccurate details supplied here. 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.
Property History for 2/12 Koomooloo Ct, Mermaid Waters, QLD 4218
- 08 Jan 2026Listed for Sale Offers Over $2,500,000
- 22 Jul 2019Listed for Rent - Price not available
- 26 May 2018Listed for Rent - Price not available
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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 6,209 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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