2/41 Duet DriveMermaid Waters QLD 4218
Property Details for 2/41 Duet Dr, Mermaid Waters
2/41 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 412m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.
Last Listing description (May 2026)
Perfectly positioned on the peaceful waterfront of Lake Intrepid, this oversized ground-floor residence presents an exceptional opportunity for renovators, investors, or buyers looking to create something truly special. Offering an incredibly rare 130m² floorplan, this is one of the largest properties available along Duet Drive, with enormous potential to renovate, modernise, and add significant value over time.
Capturing stunning wide water views across the natural waters of Lake Intrepid, the property delivers a tranquil lifestyle rarely found at this price point. A standout feature is the exclusive-use waterfront deck and outdoor area, a rarity for ground-floor residences in the complex, where most surrounding outdoor spaces are common property rather than privately allocated. Better yet, being positioned on a natural lake means minimal mosquitoes, allowing you to truly enjoy the outdoor lifestyle without being constantly bothered.
Inside, the spacious layout offers fantastic bones to work with, featuring oversized living and dining zones, a generous master bedroom, a large bathroom with enough room for a bathtub, separate toilet, separate internal laundry, and excellent indoor-outdoor flow. Whether you're looking to move in and renovate over time or complete a full transformation, the opportunity here is undeniable.
Things You'll Love About The Property:
- Rare oversized 130m² ground-floor residence
- Exceptional opportunity to renovate and add value
- Stunning wide water views overlooking Lake Intrepid
- Exclusive-use waterfront deck and outdoor entertaining space
- One of the largest floorplans available in Duet Drive
- Natural lake positioning with minimal mosquitoes
- Spacious open-plan living and dining area
- Large master bedroom approximately 3.9m x 3m
- Generous bathroom with room for a bathtub
- Separate toilet for added functionality
- Separate internal laundry
- Single lock-up garage
- Fantastic indoor-outdoor connection
- Peaceful waterfront lifestyle close to shops, cafes, beaches, and amenities
FAQ:
Currently tenanted at $750 per week until June 2026
Body Corporate: $1,300 per quarter
Mermaid Waters Profile:
Highly sought-after for its central Gold Coast location and relaxed waterfront lifestyle, Mermaid Waters continues to attract strong owner-occupier and investor demand. Offering a blend of waterfront living, proximity to Pacific Fair, world-class beaches, cafés, schools, and walking tracks, it's easy to see why Mermaid Waters remains one of the Gold Coast's most tightly held and desirable suburbs.
Disclaimer:
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.
Property History for 2/41 Duet Dr, Mermaid Waters, QLD 4218
- 25 May 2026Sold for $930,000
- 29 Apr 2026Listed for Sale $940,000+ UNDER CONTRACT
- 04 Jun 2025Listed for Rent $750 / week
Recent sales nearby
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About Mermaid Waters 4218
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 6,210 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 85.04% increase in median value, while Units have seen a 91.07% increase. As at 30 April 2026:
- The median value for Houses in Mermaid Waters is $2,275,495 while the median value for Units is $978,113.
- Houses have a median rent of $1,388 while Units have a median rent of $800.
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