25 Allandale Entrance
Mermaid Waters 4218

You're invited to capitalise on an exceptional opportunity and create something extraordinary with this expansive 845m2 waterfront allotment. Positioned in a peaceful and central enclave within walking distance of Q Super Centre, it's east-facing aspect captures magical morning light, while skyline views add to the appeal.

Situated in a Low-Density Residential RD1 zone, this property features a generous 24.7m street frontage and 15.2m water frontage, offering a prime opportunity with versatile development options. Craft a bespoke two-storey sanctuary that maximises the water and city vistas; develop the site with two luxury villas (STCA) or take advantage of the existing subdivision that has created two prime waterfront parcels of approx. 422.5m² each. The choice is all yours.

Currently occupying the site is a four-bedroom, two-bathroom home ready for rejuvenation or removal. It offers two living/dining zones, a central kitchen, tiled pool, and a waterside lawn that unites with a sandy beach and pontoon. Ample parking is available via a double garage and secure, gated driveway.

The Highlights:

- Exceptional opportunity: capitalise on an east-facing waterfront allotment with skyline views

- Nestled in a peaceful and central location

- 845m2 block with 24.7m street frontage and 15.2m water frontage

- Zoned Low Density Residential; in a prime low-density residential zone in RD1

- Knock down and rebuild a custom two-storey residence that maximises the water and skyline views

- Develop the site with luxury villas (STCA)

- Take advantage of two approved subdivided of 422.5m2 waterfront allotments (STCA)

- Current 4-bed, 2-bath residence requires TLC, appointed with two living/dining zones and a central kitchen

- Outdoors features a tiled pool, covered terrace and a waterside lawn area

- Sandy beach and pontoon

- Double garage plus additional, gated driveway parking

- Split System air conditioning, ceiling fans and solar panels

Nestled in a quiet cul-de-sac, this location is hard to beat. Take advantage of being an easy stroll to Q Super Centre - a dog-friendly retail precinct that boasts major supermarkets, vibrant alfresco dining options and key services. In just 3.5km you can savour the sand, surf and eclectic array of Mermaid Beach eateries, with Pacific Fair, Star Casino and the delights of Broadbeach within approx. 4km. Add to this the proximity to leafy parks, public transport, prestigious schools and accessing the M1 and there's no place else you'd rather be.

The value lies in the position, potential and possibility of this land, making this a blue-chip waterfront opportunity not to be missed. For more information, Contact Gypsea Youngsmith on 0424 544 485 or contact Paul Harrison on 0418 358 145.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.