58 Seagull Avenue, Mermaid Beach QLD 4218

Beachfront pocket | 99% site coverage | 150m to surf | downsizer or investor play The property’s near-total site coverage on a 405m² lot is rare in Mermaid Beach, effectively maximising internal living space and pool amenity on a footprint that would normally require a larger block. Combined with a 5m ground elevation and 9m roof height, the house offers a sense of volume and privacy uncommon at this distance from the beach. For a buyer seeking turnkey coastal luxury with strong rental fundamentals,estimated weekly rent of $2,545 with upside toward $3,000,this property suits a downsizer wanting immediate lifestyle or an investor targeting premium yield in a suburb where median house price sits at $3.75m and only 31 houses have traded this year. The 12.4m frontage and absence of flood or bushfire overlays further strengthen its positional advantage. The main risk is the 99% site coverage, which leaves minimal outdoor ground space beyond the pool and may limit future redevelopment or extension options. The auction clearance rate of 44% in Mermaid Beach signals a market where buyer demand is selective, so the May auction date requires a disciplined pre-bid strategy. The property’s strong rental profile and proximity to surf, however, provide a clear fallback: hold as a high-yield holiday let or premium long-term rental, with the $4.1m November 2023 purchase price offering a recent benchmark for value.