7/137 Sunshine Boulevard, Mermaid Waters QLD 4218

| Mermaid Waters villa | 2-bed low-maintenance | walk to beach & Pacific Fair | boutique complex of 8 | flood overlay noted | This villa offers a rare configuration edge in Mermaid Waters: a single-level, fully fenced courtyard villa in a boutique block of eight, within walking distance to the beach, Pacific Fair, and dining. For a buyer seeking low-maintenance coastal living with genuine outdoor space, the secure decked courtyard and two car spaces create a practical advantage over apartments in larger complexes. The property is best suited to downsizers, investors targeting the 20–39 and 60+ demographic segments that dominate the suburb, or a professional couple wanting immediate lifestyle access. The raked ceilings and tiled living areas add a sense of space that compensates for the modest 74–100m² internal area. The primary risk is the flood overlay, which may affect insurance premiums and future resale appeal to cautious buyers, though no recent flood events are documented for this specific lot. The 2020 purchase price is not disclosed, but with suburb growth at 9.5% and an average 14-day selling period for two-bedroom houses, the market is active and demand is real. The absence of auction sales in the suburb suggests a negotiated price environment, which favours a prepared buyer. Hold this property as a lock-and-leave coastal base or a steady rental yielding 4.2%, with capital growth supported by its walkable position and limited supply in a boutique complex.