Perfectly positioned on the peaceful waterfront of Lake Intrepid, this oversized ground-floor residence presents an exceptional opportunity for renovators, investors, or buyers looking to create something truly special. Offering an incredibly rare 130m² floorplan, this is one of the largest properties available along Duet Drive, with enormous potential to renovate, modernise, and add significant value over time.
Capturing stunning wide water views across the natural waters of Lake Intrepid, the property delivers a tranquil lifestyle rarely found at this price point. A standout feature is the exclusive-use waterfront deck and outdoor area, a rarity for ground-floor residences in the complex, where most surrounding outdoor spaces are common property rather than privately allocated. Better yet, being positioned on a natural lake means minimal mosquitoes, allowing you to truly enjoy the outdoor lifestyle without being constantly bothered.
Inside, the spacious layout offers fantastic bones to work with, featuring oversized living and dining zones, a generous master bedroom, a large bathroom with enough room for a bathtub, separate toilet, separate internal laundry, and excellent indoor-outdoor flow. Whether you’re looking to move in and renovate over time or complete a full transformation, the opportunity here is undeniable.
Things You’ll Love About The Property:
- Rare oversized 130m² ground-floor residence
- Exceptional opportunity to renovate and add value
- Stunning wide water views overlooking Lake Intrepid
- Exclusive-use waterfront deck and outdoor entertaining space
- One of the largest floorplans available in Duet Drive
- Natural lake positioning with minimal mosquitoes
- Spacious open-plan living and dining area
- Large master bedroom approximately 3.9m x 3m
- Generous bathroom with room for a bathtub
- Separate toilet for added functionality
- Separate internal laundry
- Single lock-up garage
- Fantastic indoor-outdoor connection
- Peaceful waterfront lifestyle close to shops, cafes, beaches, and amenities
FAQ:
Currently tenanted at $750 per week until June 2026
Body Corporate: $1,300 per quarter
Mermaid Waters Profile:
Highly sought-after for its central Gold Coast location and relaxed waterfront lifestyle, Mermaid Waters continues to attract strong owner-occupier and investor demand. Offering a blend of waterfront living, proximity to Pacific Fair, world-class beaches, cafés, schools, and walking tracks, it’s easy to see why Mermaid Waters remains one of the Gold Coast’s most tightly held and desirable suburbs.
Property ID: #R2-4987199
