33 Intrepid Drive, Mermaid Waters QLD 4218

Waterfront north aspect | Original single-level home | 843m² lot | First time offered This property presents a rare, single-level waterfront home on a large north-facing block, a configuration increasingly scarce in this canal suburb. Its original condition and first market offering in a decade signal a genuine opportunity for a buyer seeking a prime position to renovate or rebuild, serving best those valuing land size, aspect, and direct water access over immediate modern finishes. The absence of recent comparable waterfront sales data introduces pricing risk, making pre-auction due diligence on land value critical. Its value is fundamentally in the land and orientation; a buyer should approach it as a long-term hold with a view to capitalise on the irreplaceable location through future improvement.