Leburn & Associates

Licensed Real Estate Agents - Main Beach Qld

Cherie Leburn LREA


+61 418 883 552


Grand Mariner

Lowest $1,150,000 Median $1,175,000 Highest $3,000,000 9 Apartments Sold

Grand Mariner Residential Resort is a unique exclusive estate with unrivaled extensive facilities located at 12 Commodore Drive, Paradise Waters, over a hectare of stunning waterfront beautiful on Macintosh Island. Paradise Waters is waterfront living at its best,a prestigious neighbourhood bordered by the Nerang River. The palatial homes all with riverfront or canal access. It has become something of an iconic building and is admired by many visitors to the tourism capital.The Grand Mariner, which has 194 apartments, was built by Kuji, a joint venture between Japan’s Orient Corporation and Mitsui Construction.It opened in 1991, but only after the builder, Wilsons, failed and McMaster Constructions was called in to complete the job.The tower, designed by Vancouver’s Hulbert Group, at the time was said to be the tallest apartment building in the southern hemisphere.It stood out, apart from its colours, because of its hotel-like quality and expansive grounds — it has a 2000sq m ­lagoon-style pool, complete with beaches, and includes six private waterfront villas and a marina.The colours used on the exterior — which included barossa purple, beulah pink, tanunda pink, mariner pink, and blue mood — were registered so they could not be used on other buildings.The representation of a Gold Coast sunset is regarded as successful but not everyone has been enamoured by the blue at the top of the building, which is intended to represent the sky at night.

Latest Sales EOFY 2024
Configuration Units Sold
Plan 2 Bed 2 Bath 1-2 Carpark 3
Plan 3 Bed 2 Bath 1-2 Carpark 5
Plan 4 Bed 2 Bath 2 Car 1
Lowest Median Highest
$1,150,000 $1,175,000 $1,175,000
$1,400,000 $1,750,000 $2,001,000
$2,700,000 $2,700,000 $3,080,000
Level LAYOUT Year built Total Units Total Floors Units per Floor
Plan 1991 194 45 4

Grand Mariner Features

  • Large lagoon pool, sandy beach, swim up pool bar
  • Indoor heated pool with spa, sauna and steam rooms
  • Tennis court
  • Fully equipped gym ;Games room, full size pool table, table tennis & card table
  • Club lounge and piano bar
  • Barbecue facilities
  • Marina berths
  • 24 hr security with intercom system
  • Secure parking
  • Stroll to Tedder Ave, Main Beach Easy walk to Surfers
  • Light rail service to Broadbeach’s Pacific Fair and Casino

Main Beach- June 2023- July 2024 –Market Report with Cherie Leburn

Lowest: $445,000 Median: $1,280,000 Highest: $9,800,000 Apartments Sold:265

Main Beach has 205 units available for sale. The median property price for a unit is currently $1,245,000 with annual capital growth of 8.26%. There were 186 unit sales in the past 12 months. On average, units spend 26 days on the market.
If you’re buying an investment property in Main Beach, consider that rental yields for units are currently 3.22% with an average median rent of $800 weekly. Units have seen 3.75% growth in the past quarter, and 8.26% growth in the past 12 months.
The size of Main Beach is approximately 3.1 square kilometers. It has 5 parks covering nearly 46.3% of the total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years.
Households in Main Beach are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 20 –https://www.yourinvestmentpropertymag.com.au.

Main Beach Suburb: Main Beach is a boutique suburb favoured by the affluent and it is the pinnacle of cafe society on the Gold Coast. There is a sense of community in this suburb, everyone stops to say hello and the restaurateurs and boutique owners quickly become friends.
The center of Main Beach is Tedder Avenue. The street is lined with upmarket boutiques and some of the Gold Coast’s best restaurants and bars. Around the area are also the Southport Yacht Club and the 6-star Palazzo Versace hotel (plus many more accommodation types). Don’t let that discourage you though as it’s still a friendly and relaxed beachside suburb.
The suburb is bordered by the Ocean to the east, the Broadwater to the north, and the Nerang River to the south. Due to its desirability prices are high and demand certainly outweighs supply. On the beach side of the suburb, there are holiday and residential high rises, villas, townhouses, older three-story walk-ups, and a few free-standing houses.
The Broadwater side is full of older homes dating back to the 1950s which have usually been kept safely in the family since they were built. These homes are all starting to undergo renovations and the results are exciting. There are also newer villas and townhouses – this area is strictly no high rises.*Sales prices obtained from Pricefinder and RP Data-yourpropertyinvestmentmag