2/8 Orvieto Ave, Mermaid Waters is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1978. The property has a land size of 655m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Positioned on a prized 655m waterfront landholding in one of Mermaid Waters most tightly held pockets, this rare individually titled opportunity presents an exceptional chance to secure one, or both, adjoining waterfront residences with outstanding future potential.
Offering approximately 20 metres of wide water frontage, a private sandy beach and Medium Density Residential zoning, opportunities of this calibre are becoming increasingly difficult to find.
Whether you're looking to secure a premium waterfront investment, generate immediate holding income, land bank for the future or explore redevelopment possibilities (STCA), 1 & 2/8 Orvieto Avenue delivers flexibility rarely seen in today's market.
Currently improved by two single-level residences, each home comprises two bedrooms, one bathroom and dedicated parking, providing comfortable accommodation and immediate rental appeal while future plans are considered.
Positioned on the sought-after Mermaid Island and fronting tranquil waters, residents enjoy the perfect balance of waterfront serenity and unrivalled convenience. Pacific Fair Shopping Centre, Mermaid Beach, Broadbeach's dining precinct, transport links and schools are all within easy reach.
Whether purchased individually or as a complete waterfront holding, opportunities of this nature are rarely brought to market. Secure your place in one of Mermaid Waters most tightly held waterfront enclaves and unlock the full potential of this exceptional offering.
Waterfront land in locations like this can never be replicated.
Property Highlights:
- Twin-Title Waterfront Opportunity (Rare Duplex Pair)
- Buy One or Buy Both Adjoining Properties
- 655m Combined Landholding
- Approx. 20-Metres of Wide Water Frontage
- Private Sandy Beach
- Medium Density Residential Zoning
- Significant Redevelopment Potential (STCA)
- Ideal Land Banking Opportunity
- Strong Holding Income Potential
- Two Existing Single-Level Residences
- Each Residence Comprises: Open Plan Living, 2 Bedrooms, 1 Bathroom and Dedicated Parking
- Air Conditioning
- Sheltered Outdoor Entertaining Patio
- Solar Panels
- Located on the Sought-After Mermaid Island
- 600-metres from Pacific Fair Shopping Centre
- 700-metres from Golden Sands of Mermaid Beach
- Metres from Broadbeach Dining, Entertainment and Transport
Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.
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 6,226 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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