20 Bermuda Street Broadbeach Waters QLD 4218

4 bed waterfront house on 744m2|Canal access to main river|Est value $2.17m|Sold $962k in 2017|Now auction Apr 12. This four-bedroom house on a 744sqm canal-front block suits boating families valuing water access and local school catchments. The spacious lot with main river access positions it strongly for practical waterfront living, where pontoon boating and poolside relaxation integrate seamlessly with daily routines. Built in 1975 with a 260-345sqm footprint, it offers generous parking for four vehicles, appealing to multi-car households in this canal street setting. Properties like this on Broadbeach Waters canals draw buyers seeking established waterside homes over new builds, given the premium for direct waterway entry. Since its 2017 sale at $962,500, local market uplift has more than doubled values for similar four-bedroom canal houses, reflecting sustained demand. A flood overlay exists, yet low 4m elevation and no bushfire risks support its insurability for long-term holders. Nearby parklands and proximity to Broadbeach amenities enhance lifestyle fit without urban intensity. Comparable sales indicate steady appreciation, with rental yields around $2000 weekly underscoring holding appeal for investors. Its Hampton-inspired updates and low-maintenance grounds add enduring versatility in a street of comparable 1970s homes.