Back 2 Sailaway Street
Off Market

2 Sailaway Street

Mermaid Waters QLD 4218

5
2
2
351 m²
1044 m²
House
Last sold for $3,050,000
Alex CaracoAlex Caraco, last sold this property on 10 August 2025 after 54 days on market.

Overview

88 Foot Waterfrontage (27 metres) Corner 1,044m2 Waterfront Home Development Site for 2 New Dwellings (STCA) 5 Bedroom Retro 1980 Residence .

RENOVATE OR DETONATE This exceptional 1,044m² waterfront block at 2 Sailaway Street, Mermaid Waters, presents a rare and exciting opportunity for developers and investors alike. Boasting direct water access, the property offers stunning views and a tranquil lifestyle on the water's edge, while being perfectly positioned to capitalize on one of the Gold Coast's most sought-after residential locations. This property is nestled in a quiet, leafy street and benefits from proximity to the rapidly evolving Oxley precinct - an emerging hotspot featuring new dining, boutique retail, and lifestyle amenities that are transforming the area into a vibrant community hub. Just minutes away from Pacific Fair Shopping Centre, Broadbeach, and convenient public transport options, the location combines both peaceful waterside living and easy urban access. Mermaid Waters is renowned for its strong rental demand and desirable community atmosphere, with a median house price reflecting the area's premium appeal. Residents enjoy access to beautiful beaches, quality dining, shopping, and recreational amenities, all while living in a unique waterfront setting. Don't miss this chance to secure a prime development site or retro residence in Mermaid Waters, perfectly positioned to take advantage of the thriving Oxley precinct and stunning water views. To be auctioned on Saturday 19th July at 3pm by Nigel Long, Auctioneer, if not sold beforehand.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
351 m² floor area
1044 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mermaid Waters over the last 12 months, the estimated median property value of 2 Sailaway Street is $3.22m.

Median value
$3.22m
Estimated value range
$1.67m - $14.01m
Median days on market
32
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Waters. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Sailaway Street

2025
Sold
$3,050,000
Auction Sale on 10 Aug 2025 by Alex Caraco, of ERA Real Estate | Christies Prestige
2015
Sold
$1,210,000
21 Jun 2015 by Mycheal Carter

Happy sellers in Mermaid Waters

90%
90% of sellers in Mermaid Waters reported that their sale price either exceeded or met their price expectations.

Mermaid Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Mermaid Waters over the last 12 months.

Local market activity for 5 bedroom houses in Mermaid Waters

In the last 12 months, 31 five-bedroom houses similar to 2 Sailaway Street, have been sold.

This represents a 20% increase in five-bedroom houses sales when compared to the previous 12 months.

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