Original Home in the heart of Mermaid Beach - Auction Saturday 10am at The Star Casino Broadbeach

Location and opportunity collide with this lucrative Mermaid Beach property. Perfectly placed to be approx. 200m from a coveted stretch of coastline bookended by Nobby's and Mermaid Beach, this 4 bed, 2 bath brick and tile home is ripe with untapped potential. Renovate the existing structure, knock down and rebuild your dream coastal abode, landbank the 405m2 block or simply add it to your rental portfolio and watch the values soar. No matter your choice, it represents a chance to secure yourself a prosperous future.

Perched in an exclusive beachside pocket, spend your mornings surfing or swimming at nearby pristine beaches, before ending your day dining at any number of eateries in the Nobbys or Mermaid precincts, all within walking distance. For a change of scenery, head into Broadbeach - approx. 3km away, where landmark locations including Pacific fair and Star Casino await. You'll need to act fast to capitalise on this prime property opportunity - arrange an inspection today.

Property Specifications:
• Auction this Saturday 28th January at the Star Casino Broadbeach, 10am
• Exceptional property opportunity, approx. 200m from popular Mermaid Beach
• Ripe with enticing potential - renovate or knock down and rebuild
• Lucrative chance to landbank or add to your rental portfolio
• 4 bed, 2 bath brick and tile home currently sitting on a 405m2 block
• Kitchen with ample storage and breakfast bar
• Two separate living areas
• Master suite includes a walk-in robe plus ensuite
• Double garage with two off-street parking spaces
• Low maintenance gardens plus shed for outdoor storage
• Short stroll to local Mermaid Beach and Nobby's Beach eateries, shops and services
• Ample public transport close by
• Approx. 3km to Broadbeach, including Pacific Fair and Star Casino
• Approx. 16km to Gold Coast Airport
• Currently tenanted to February 2023

Rental Appraisal: Approx. $900-$950 per week
Council Rates: Approx. $2,249.47 half yearly
Water Rates: Approx. $486.40 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.

Explore the area

School catchments

Miami State High School Secondary 7-12 Government 1.3km
Miami State School Primary Prep-6 Government 1.5km
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
Burleigh Heads State School Primary Prep-6 Government 4.1km
Arcadia College - Varsity Lakes Temporary Facility Secondary Independent 4.1km
Robina State School Primary Prep-6 Government 4.4km
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 5.6km
Marymount College Secondary 7-12 Catholic 5.6km
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
King's Christian College Combined Prep-12 Independent 6.5km
Robina State High School Secondary 7-12 Government 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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