8 Portobello Drive

Mermaid Waters QLD 4218

The quintessential Gold Coast lifestyle awaits you and your family when you relocate to this quiet residential upmarket pocket of Mermaid Waters. Set back just 2.65Km. from the beach you have life at your feet. The preferred family beachside suburb of Mermaid Waters is arguably the most sought-after residential location for families wanting to raise their children in one of the securest and safest waterfront havens of the Gold Coast.

A mere 3Km from Queensland's 4th largest shopping Centre of Pacific Fair, the Casino and the famous restaurants, cafes, bars, and eateries of Broadbeach, you are centrally located to schools, public transport, major sporting facilities the Gold Coast is famous for.

You are seduced as soon as you walk through the front foyer to the natural light filled open living spaces. The overwhelming relaxed feeling evokes all your senses. The practical family floorplan with separate living and entertaining zones both inside, outside, upstairs, and downstairs, poolside or on the water affording all the family peace and quiet private time for zoning out.

With extensive use of glass doors creating natural light filled grand cavernous open space for relaxed living, flowing with seamless ease out to private poolside courtyard for lounging around in the sun.

The late Sunday breakfast and evening meals, well there is no better place to wine and dine and entertain guests than on the private waterfront alfresco. The fully appointed Chefs kitchen with generous pantry, heaps of bench space with designated food prep area, a sizable breakfast bar and large open corner bifold servery makes outdoor entertaining a breeze.

Business Investment return - set up for great residual income potential of around $100,000 $110,000 + p.a.(current short-term nightly rate peak season - $700.00 per night- approx. $4,900.00 per week).


Professionally managed with experienced housekeeper this is one of the few short-term holiday let properties in Mermaid waters available. No permit approval/licence required. (pre-approval prior to 2016). This is a fantastic benefit for long term investment for the new owners as short-term letting permits are now hard to get approved with council slowly phasing out this type of accommodation through residential beachside suburbs.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.