1 & 2/8 Orvieto Avenue

Mermaid Waters QLD 4218

655 m²

Semi-Detached

Currently for sale - view listing

Overview

'RARE WATERFRONT DUPLEX PAIR IN BLUE-CHIP LOCATION BUY ONE OR BUY BOTH'

Positioned on a prized 655m² waterfront landholding in one of Mermaid Waters most tightly held pockets, this rare individually titled opportunity presents an exceptional chance to secure one, or both, adjoining waterfront residences with outstanding future potential. Offering approximately 20 metres of wide water frontage, a private sandy beach and Medium Density Residential zoning, opportunities of this calibre are becoming increasingly difficult to find. Whether you're looking to secure a premium waterfront investment, generate immediate holding income, land bank for the future or explore redevelopment possibilities (STCA), 1 & 2/8 Orvieto Avenue delivers flexibility rarely seen in today's market. Currently improved by two single-level residences, each home comprises two bedrooms, one bathroom and dedicated parking, providing comfortable accommodation and immediate rental appeal while future plans are considered. Positioned on the sought-after Mermaid Island and fronting tranquil waters, residents enjoy the perfect balance of waterfront serenity and unrivalled convenience. Pacific Fair Shopping Centre, Mermaid Beach, Broadbeach's dining precinct, transport links and schools are all within easy reach. Whether purchased individually or as a complete waterfront holding, opportunities of this nature are rarely brought to market. Secure your place in one of Mermaid Waters most tightly held waterfront enclaves and unlock the full potential of this exceptional offering. Waterfront land in locations like this can never be replicated. Property Highlights: - Twin-Title Waterfront Opportunity (Rare Duplex Pair) - Buy One or Buy Both Adjoining Properties - 655m² Combined Landholding - Approx. 20-Metres of Wide Water Frontage - Private Sandy Beach - Medium Density Residential Zoning - Significant Redevelopment Potential (STCA) - Ideal Land Banking Opportunity - Strong Holding Income Potential - Two Existing Single-Level Residences - Each Residence Comprises: Open Plan Living, 2 Bedrooms, 1 Bathroom and Dedicated Parking - Sheltered Outdoor Entertaining Patio - Located on the Sought-After Mermaid Island - 600-metres from Pacific Fair Shopping Centre - 700-metres from Golden Sands of Mermaid Beach - Metres from Broadbeach Dining, Entertainment and Transport Disclaimer: Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these 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