18 Concourse Drive, Mermaid Waters QLD 4218

Waterfront lot with 14m frontage | 4-bed house on tree-lined waterway | Broadbeach & Merrimac school catchments | Auction scheduled on-site This property’s primary strength is its direct waterfront position on a tree-lined canal, offering both privacy and skyline views from a substantial 485m² lot. The 14-metre frontage provides superior access and potential, making it a rare offering in a tightly held street. This configuration best serves an owner-occupier seeking a permanent lifestyle upgrade or a buyer securing a limited waterfront holding with long-term land value dominance. The auction mechanism presents a clear risk of price volatility, potentially costing a buyer a significant premium over the estimated range if competitive bidding emerges. The short marketing period suggests a vendor seeking a rapid sale, which may create a tactical opportunity. Acquire this property as a permanent residence to capitalise on its lifestyle utility and land scarcity; it is not optimised for near-term yield but for long-term capital preservation and enjoyment. Recent street sale at $2.08m provides a direct benchmark. The property’s larger block size and superior 14m frontage position it at a premium to this comparable, supporting a value inference above that recent sale price.