3 Mardella Court Mermaid Waters QLD 4218 Character meets opportunity in this original 1990s brick and tile residence, set on a fully fenced 750m2 block in the heart of sought-after Mermaid Waters. With a generous floor plan, three bedrooms including master with ensuite, a versatile rumpus room, and multiple alfresco spaces, it can be lived in as is, while also boasting outstanding scope to renovate, add value, and bring your own vision to life. Opportunities to enter the market in Mermaid Waters with a solid foundation for renovation are extremely rare. Step inside and discover the charm of vintage details, from the patterned floor tiles to the arched servery window linking the kitchen and living area. The overall layout is practical and family-friendly while providing flexibility to bring more modern living to the fore. The three bedrooms are well-proportioned, with the master enjoying its own ensuite. A central bathroom with both shower and bath caters for the whole family, while a separate laundry with external access adds everyday convenience. Living space is where this property excels. The original double garage has been converted into a generous rumpus room, opening up endless options for a games room, home office or retreat. It's a flexible zone that could serve as a multi-purpose space, while the carport provides covered parking for vehicles. Outdoor living is well catered for, with two distinct zones. At the front, a tiled open-air alfresco catches the sun and sets the scene for relaxed morning coffees. To the rear, a paved covered entertaining area flows to a firepit zone, perfect for long evenings with friends and family. Solidly built and beautifully positioned, this residence is comfortable as is, while also providing the perfect blank canvas for those with a vision for renovation. With excellent bones, a generous block, and a prime location, it's ready to be reimagined into something truly special. Mermaid Waters remains one of the Gold Coast's most desirable addresses, prized for its central location. From here you're just minutes to Pacific Fair, pristine beaches, quality schools and easy transport links — everything that makes this enclave so sought after. Please note: this property is currently tenanted. PROPERTY HIGHLIGHTS: Three bedroom brick and tile home on fully fenced block Kitchen overlooks backyard and features electric cooktop, oven, generous laminate cabinetry, and arched servery window Open plan living and dining zone flows onto covered alfresco area Three bedrooms with built-in robes, master with ensuite and access to alfresco Main bathroom with shower and bath Separate laundry with external access Multi-purpose room converted from double garage Carport with covered parking for two cars, plus additional driveway parking Fully fenced block with fire pit zone, tiled areas, and grass yard ideal for kids and pets Currently tenanted LOCATION HIGHLIGHTS: Miami State School - 2 mins approx Merrimac State High School - 5 mins approx Waterway Shopping Village - 4 mins approx Q-super centre - 5 mins approx Pacific Fair - 6 mins approx Patrolled beaches - 7 mins approx Gold Coast International Airport - 21 mins approx Brisbane International Airport - 70 mins approx With a home this versatile and a location this prized, there's never been a better time to make your move. Prompt viewings are highly recommended.