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38 Tamborine Street,
Mermaid Beach 4218, Queensland

2 bedrooms
1 bathroom
2 car spaces
405m² land size
101m² building size
House

$2,650,000

Property details

Auction this Friday On-Site - Deceased Estate, Beachside Opportunity

This is a rare opportunity to secure a lucrative beachside landholding in the highly sought-after Mermaid Beach, one of the few remaining opportunities in the area. On the market for the first time in 43 years, this charming beach cottage is just footsteps from the surf and sand, offering a truly enviable lifestyle.

Whether you choose to develop the land (STCA) or landbank for the future, the potential here is endless. The existing property is a 2 bedroom, 1 bathroom home holding a coveted spot that provides easy access to some of the Gold Coast's best patrolled beaches, Surf Clubs, retail and dining, including the new Oxley precinct. From early morning swims and your favourite local cafe to evening strolls to an array of dining options, there is so much to love within this beachside pocket.

The proximity to Nobby Beach's vibrant cuisine scene adds to the appeal, with Gold Coast International Airport less than 17km away and the upcoming light rail station ensuring travel is convenient. With all it has to offer, it's easy to see why this location is so sought after!

Property Specifications:
• Rare opportunity to secure a lucrative beachside landholding in Mermaid Beach, a highly sought-after beachside location with a desirable lifestyle
• One of the few remaining opportunities in the area, on the market for the first time in 43 years
• Charming beach cottage just footsteps from the surf and sand
• Endless potential to develop the land (STCA) or landbank for the future
• Existing 2 bedroom, 1 bathroom home
• Coveted location with easy access to Gold Coast's best patrolled beaches, Surf Clubs, retail, and dining
• Close proximity to the new Oxley precinct and Nobby Beach's vibrant cuisine scene
• Close proximity to public transport, including the upcoming Light Rail station
• Convenient travel with Gold Coast International Airport less than 17km away

Rental Appraisal: Approx. $750 - $800 p/week
Council Rates: Approx. $3,401.20 half yearly
Water Rates: Approx. $225 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 School Primary Prep-6 Government 1.5km
  • Broadbeach State School Primary Prep-6 Government 1.7km
  • Mastery Schools Australia - Varsity Lakes Campus Combined Independent 3.7km
  • St Vincent's Primary School Primary Prep-6 Catholic 3.8km
  • Caningeraba State School Primary Prep-6 Government 3.9km

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.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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