Back 46 Markeri Street
Off Market

46 Markeri Street

Mermaid Waters QLD 4218

5
5
4
528 m²
1148 m²
House
Last sold for $2,648,000
Gypsea YoungsmithGypsea Youngsmith, last sold this property on 16 October 2026 after 22 days on market.

Overview

Auction On Site, Friday 16 October at 12:30pm

Rare Dual-Living Waterfront Opportunity with Extraordinary Potential Rich with extraordinary personality, versatility and possibility, this waterfront offering is in a league of its own. Sprawling across a supersized 1148m² allotment with skyline and hinterland views, it presides over a staggering 62m of water frontage while sitting just 600m (approx.) from the beach. Held by the same family for over 30 years, it presents a rare and potentially lucrative opportunity. Not only can you benefit from a dual-occupancy residence already in place but also capitalise on an exceptional landholding and rebuild a new residence that maximises its remarkable proportions, outlook and location. A distinctive haven with its high-pitched gable roofline, the charming interiors reveal exposed-beam ceilings and oversized porthole windows that frame skyline and hinterland vistas. Both the fully self-contained residences enjoy private access, making this ideal for multi-generational families or as an income-producing asset to offset your mortgage. The first home is a delightful two-bedroom, three-bathroom configuration with a large loft/potential bedroom and sunken lounge. The second dwelling is a stylish three-bedroom, two-bathroom residence featuring a sunlit master suite, modern kitchen and spacious living and dining zones. Outside, the sheer waterfront scale is breathtaking. A vast wraparound alfresco terrace also perfect for entertaining offers an enticing place to savour idyllic panoramas that sweep down the canal. Alternatively, soak them up from the sunny pool and cabana that rests in a prime waterfront position or as you enjoy the expansive palm-tree-lined lawns. A boat ramp with electric winch makes embracing life on the water effortless, complemented by an externally accessed gym/multipurpose room and secure off-street parking for up to seven vehicles. The Highlights: - Unique, endearing and character-rich dual-occupancy residence overlooking staggering 62m water frontage, and with skyline and hinterland vistas - Vast 1148m2 block approx. 600m from the beach and close to cafes, shops and more - Exceptional potential to renovate or rebuild, maximising the large landholding, outlook and location - Distinctive exterior enhanced by a high-pitched gable roofline, diagonal cladding - Interiors exude warmth and charm, offset by oversized porthole windows and raked, exposed beam ceilings - 528m2 floorplan boasts two fully self-contained and separately accessed homes under one roofline - Delightful two-bed, three-bath dwelling with a large loft/potential bedroom, sunken lounge, combined living/dining - Stylish three-bed, two-bath dwelling includes a sunlit master suite with two walk-in robes and ensuite, spacious lounge, modern kitchen and dining zone, laundry - Vast wraparound alfresco entertaining terrace captures views stretching down the canal - Sunny waterside pool and cabana plus an expansive palm-tree-lined lawn - Boat ramp with electric winch - Externally accessed gym/multipurpose room - Secure, off-street parking for up to seven cars, including a single garage and carport - Held by the same family for over 30 years Council Rates: $5,323.46 per year approximately Water Rates: $1,049.84 per year approximately (excluding usage) Supremely central, this address ensures everyday convenience and a dream coastal lifestyle. Not only can you stroll approx. 600m to feel the sand beneath your toes, but it's just mere minutes on foot to Mermaid Waters Shopping Village or Mermaid Plaza. Plus, leave the car at home to indulge in a curated collection of cafés, coffee spots and acclaimed restaurants, all located within easy reach. Parks, quality schools, sporting facilities and public transport are in close proximity too, and it's only a short drive to Broadbeach landmarks, Pacific Fair and The Star. Landholdings of this scale, scope and location are highly sought-after and rarely available. And with a home that is every bit as versatile as it is endearing, you can enjoy its unique charm today while contemplating an extraordinary future. Contact Gypsea Youngsmith on 0424 544 485 or Marco De Vincentiis on 0433 112 260 today. 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. 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

Features

5 bedrooms
5 bathrooms
4 carspaces
528 m² floor area
1148 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 46 Markeri Street is $3.06m.

Median value
$3.06m
Estimated value range
$1.67m - $13m
Median days on market
37
Estimated value trend
0%
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 46 Markeri Street

2026
Sold
$2,648,000
Auction Sale on 16 Oct 2026 by Gypsea Youngsmith, of Kollosche

Happy sellers in Mermaid Waters

85%
85% 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 46 reviews in Mermaid Waters over the last 12 months.

Local market activity for 5 bedroom houses in Mermaid Waters

In the last 12 months, 35 five-bedroom houses similar to 46 Markeri Street, have been sold.

This represents a 4% increase in five-bedroom houses sales when compared to the previous 12 months.

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