4/18 Peter Pde, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 1041m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.
Welcome to the Gold Coast lifestyle you've been waiting for - just footsteps from the buzzing cafs and dining of Nobby's, the golden sands of Mermaid Beach, and the laid-back community vibe that makes this pocket so special. This solid brick apartment (in a boutique block of only six) is all about location, lifestyle, and opportunity. Featuring two generous bedrooms, a neat central bathroom, open-plan living/dining, and a lock-up garage, it's comfortable now with plenty of potential to add value and make it your own.
Why You'll Love It
Prime Location & Walkability: Stroll to surf breaks, coffee hotspots, eateries, and soon more efficient public transport - no car needed to enjoy the best of Nobby Beach. Light Rail Stage 3 works are already underway through the Nobby precinct, promising even better connectivity and enhanced local amenity in the years ahead.
Peaceful Boutique Block: With just 6 units, this is an intimate, low-density environment. You'll enjoy quiet, neighbourly living with low-maintenance appeal. Body corporate fees are modest (approx. $64/week).
Great Investment: As amenities and transit push evolve, your holding is positioned to capture capital appreciation. Boutique units in this coastal pocket are RARE = scarcity plus demand helps underpin strong growth.
Lifestyle & Location
Step outside and you're moments from Nobby Beach's vibrant shoreline - morning surf, midday swims, casual beach walks. Follow it with brunch, lunch or dinner at the thriving caf/restaurant strip. Weekends might find you browsing markets, relaxing in parks, or exploring coastal precincts like Broadbeach, Burleigh Heads or Miami - all just a short drive away.
- Pizzey Park, a major recreational asset, is nearby and currently guided by a 10-year master plan to elevate its facilities and usability.
- Kombumerri Park (Subaru Oval) is local to Mermaid Waters and ideal for sport, community gatherings, local footy/cricket games.
- As part of "The Lakes" master planned precinct, Mermaid Waters is already seeing a transformation: canal front lots, medium-rise buildings, landscaped community spaces, and future retail / lifestyle precincts
- A $1 billion mixed-use development is proposed nearby, with ~700 apartments and lifestyle/retail amenities over the next decade.
- The nearby "Landmark" development has been upsized in plans, indicating growing momentum for large-scale investment in the precinct.
- Monaco's plans for "Nalu" (formerly Nobby's Outlook) indicate strong developer confidence in premium beachfront redevelopment in this corridor.
This is central Gold Coast living: everything from beaches to shops, recreation, schools and cafs are within reach, while still retaining a calm, community feel.
This is your chance to own a humble but solid brick unit in Mermaid Waters, in one of the Coast's most tightly held beachside enclaves. To be this close to Nobby's action, with infrastructure and precinct momentum, is rare. Don't miss your shot. Contact Jackson Parr today and come see the possibilities.
Financials:
- Rates: $1,105 bi-annually approx.
- Water $365 quarterly approx.
- Body Corp + Sinking fund $64/wk. approx.
- Currently owner occupy
- Rental Appraisal: $760-$810/wk.
Please note: Whilst every effort is made to ensure accuracy, prospective buyers should undertake their own due diligence. All development, infrastructure and growth commentary is based on current proposals and plans and should not be taken as guaranteed outcomes.
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 85.04% increase in median value, while Units have seen a 91.07% increase. As at 30 April 2026:
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