Offering an unrivalled location just metres from the ocean, it's time to capitalise on a sensational property opportunity with enticing potential. Comprising of a block of four units, either add to your investment portfolio, redevelop this prime site or build your dream home - the choice is all yours!
Spanning 405m2 with a wide 14.6m frontage the complex currently offers 3 x two bedroom units and 1 x three bedroom unit, each with high ceilings and original casement windows to capture cool sea breezes. All four feature new air-conditioning units and include off street resident parking, a fully fenced communal courtyard and a shared laundry.
Location is king here, with the pristine golden sands and turquoise waters of Mermaid Beach within a short walk. Iconic "Millionaire's Row Hedges Avenue" is at the end of the street, plus enjoy dining out, drinks or delectable coffees from nearby popular cafes, restaurants and eateries.
Property Specifications:
• Sensational investment, development potential or knockdown and build your dream home
• 405m2 block with 4 units on one title
• Wider than normal frontage of 14.6m with a north facing aspect
• 3 x 2 bedroom, 1 bathroom, 1 car + 1 x 3 bedroom, 1 bathroom, 1 car
• New air-conditioning plus 4 onsite parking accommodation and a communal laundry
• Walking distance to the ocean, cafes, transport and popular restaurants
• Just minutes to world class shopping at Pacific Fair, Star Casino and Broadbeach CBD
• Combined rental appraisal of $1,950 - $2,050 per week
Council Rates: Approx. $3,355.11 per 6 months
Water Rates: Approx. $525.28 per quarter
Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.