North facing block of three units on one title! - Auction now 17th March, 4.30pm Online

Located just moments from the ocean, it's time to capitalise on a sensational property opportunity with enticing potential. Comprising of a block of three units, either add to your investment portfolio, redevelop this prime site or build your dream home - the choice is all yours!

Positioned on 405sqm of north facing land, the complex currently offers 2 x two bedroom units, 1 x one bedroom unit each with high ceilings and. All three units are in good condition and are currently rented (FAQ can be provided).

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.

Features:

• Sensational investment, development potential or knockdown and build your dream home
• 405m2 block with 3 units on one title
• Perfect north facing aspect with 2 x two bedroom units and 1 x one bedroom units
• 3 onsite parking accommodation for tenants
• Walking distance to the ocean, cafes, transport and popular restaurants
• Great investment / development opportunity (STCA) or knockdown and rebuild your dream home
• Moments away from local restaurants, cafes, Nobby Beach and Pacific Fair
• Combined new rental appraisal of $1,500 - $1,600 per week

Council Rates: Approx. $3,212.83 half yearly*
Water Rates: Approx. $950.91 per quarter*
Currently Rented at $1,070 per week

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.

Explore the area

School catchments

Miami State High School Secondary 7-12 Government 1.3km
Miami State School Primary Prep-6 Government 1.4km
Broadbeach State School Primary Prep-6 Government 1.8km
Merrimac State High School Secondary 7-12 Government 2.5km
Mastery Schools Australia - Varsity Lakes Campus Combined Independent 3.7km
Mastery Schools Australia - Varsity Lakes Secondary Temporary Facility Secondary Independent 3.7km
Caningeraba State School Primary Prep-6 Government 3.8km
St Vincent's Primary School Primary Prep-6 Catholic 3.9km
Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 4.1km
Burleigh Heads State School Primary Prep-6 Government 4.1km
Robina State School Primary Prep-6 Government 4.3km
Surfers Paradise State School Primary Prep-6 Government 4.7km
Varsity College Combined Prep-12 Government 4.9km
Marymount Primary School Primary Prep-6 Catholic 5.5km
Marymount College Secondary 7-12 Catholic 5.5km
The Industry School - Gold Coast Secondary 10-12 Independent 6.0km
Merrimac State School Primary Prep-6 Government 6.1km
Silkwood School - Robina Campus Combined Independent 6.5km
Robina State High School Secondary 7-12 Government 6.5km
King's Christian College Combined Prep-12 Independent 6.5km
Benowa State School Primary Prep-6 Government 6.7km
Gold Coast Christian College Combined Prep-12 Independent 6.7km
Benowa State High School Secondary 7-12 Government 7.1km
St Michael's College Secondary 7-12 Catholic 7.2km
Hillcrest Christian College Combined Prep-12 Independent 7.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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