46 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
FOR SALE

46 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Floor area: 290m2
Land area: 1148m2
This property is currently on the market
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Property Details for 46 Markeri St, Mermaid Waters

46 Markeri St, Mermaid Waters is a 5 bedroom, 4 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 1148m2 and floor size of 290m2.This Property is currently listed for sale with Kollosche

Building Type
House
Year Built
1982
Floor Size
290m2
Land Size
1148m2
Local Government
Gold Coast City
Lot/Plan
436/RP136095

Last Listing description (September 2026)

Rare Dual-Living Waterfront Opportunity with Extraordinary Potential

Rich with extraordinary personality, versatility and possibility, this waterfront offering is in a league of its own. Sprawling across a supersized 1148m allotment with skyline and hinterland views, it presides over a staggering 64m of water frontage while sitting just 600m (approx.) from the beach. Held by the same family for over 30 years, it presents a rare and potentially lucrative opportunity. Not only can you benefit from a dual-occupancy residence already in place but also capitalise on an exceptional landholding and rebuild a new residence that maximises its remarkable proportions, outlook and location.

A distinctive haven with its high-pitched gable roofline, the charming interiors reveal exposed-beam ceilings and oversized porthole windows that frame skyline and hinterland vistas. Both the fully self-contained residences enjoy private access, making this ideal for multi-generational families or as an income-producing asset to offset your mortgage. The first home is a delightful two-bedroom, three-bathroom configuration with a large loft/potential bedroom and sunken lounge. The second dwelling is a stylish three-bedroom, two-bathroom residence featuring a sunlit master suite, modern kitchen and spacious living and dining zones.

Outside, the sheer waterfront scale is breathtaking. A vast wraparound alfresco terrace also perfect for entertaining offers an enticing place to savour idyllic panoramas that sweep down the canal. Alternatively, soak them up from the sunny pool and cabana that rests in a prime waterfront position or as you enjoy the expansive palm-tree-lined lawns. A boat ramp with electric winch makes embracing life on the water effortless, complemented by an externally accessed gym/multipurpose room and secure off-street parking for up to seven vehicles.

The Highlights:
- Unique, endearing and character-rich dual-occupancy residence overlooking staggering 64m water frontage, and with skyline and hinterland vistas
- Vast 1148m2 block approx. 600m from the beach and close to cafes, shops and more
- Exceptional potential to renovate or rebuild, maximising the large landholding, outlook and location
- Distinctive exterior enhanced by a high-pitched gable roofline, diagonal cladding
- Interiors exude warmth and charm, offset by oversized porthole windows and raked, exposed beam ceilings
- 528m2 floorplan boasts two fully self-contained and separately accessed homes under one roofline
- Delightful two-bed, three-bath dwelling with a large loft/potential bedroom, sunken lounge, combined living/dining
- Stylish three-bed, two-bath dwelling includes a sunlit master suite with two walk-in robes and ensuite, spacious lounge, modern kitchen and dining zone, laundry
- Vast wraparound alfresco entertaining terrace captures views stretching down the canal
- Sunny waterside pool and cabana plus an expansive palm-tree-lined lawn
- Boat ramp with electric winch
- Externally accessed gym/multipurpose room
- Secure, off-street parking for up to seven cars, including a single garage and carport
- Held by the same family for over 30 years

Council Rates: $5,323.46 per year approximately
Water Rates: $1,049.84 per year approximately (excluding usage)

Supremely central, this address ensures everyday convenience and a dream coastal lifestyle. Not only can you stroll approx. 600m to feel the sand beneath your toes, but it's just mere minutes on foot to Mermaid Waters Shopping Village or Mermaid Plaza. Plus, leave the car at home to indulge in a curated collection of cafs, coffee spots and acclaimed restaurants, all located within easy reach. Parks, quality schools, sporting facilities and public transport are in close proximity too, and it's only a short drive to Broadbeach landmarks, Pacific Fair and The Star.

Landholdings of this scale, scope and location are highly sought-after and rarely available. And with a home that is every bit as versatile as it is endearing, you can enjoy its unique charm today while contemplating an extraordinary future. Contact Gypsea Youngsmith on 0424 544 485 or Marco De Vincentiis on 0433 112 260 today.

Disclaimer: 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.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 46 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$307,500
28 Aug 1995
  • 24 Sep 2026
    Listed for Sale Auction On Site, Friday 16 October at 12:30pm
  • 28 Aug 1995
    Sold for $307,500
  • 30 Mar 1989
    Sold for $310,000
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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 6,228 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.01% increase in median value, while Units have seen a 75.05% increase. As at 31 August 2026:

  • The median value for Houses in Mermaid Waters is $2,149,184 while the median value for Units is $980,438.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 67 properties listed for sale, and 18 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Mermaid waters.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.