A rare opportunity presents itself in sought after Mermaid Beach. Land bank or re-develop.

This 405m2 parcel of land has an existing 3 bedroom, 1 bath, 2 car dwelling with a rental return of $450.00 per week.

This site has a DA approval for a 12 suite ‘Boutique Hotel’ comprising reception with 40m2 manager’s suite + office.
An exclusive rooftop pool and terrace with gymnasium and ammenities.Undercover basement carparking and potential for a cafe.

Situated just 20 min from the Gold Coast International Airport and within minutes walk to pristine sandy beaches just moments to famous Nobby’s Beach.One of the Gold Coast fastest growing mecca’s for exquisite cafe’s, restaurants fashion, beach culture and lifestyle.

Property this hot won’t last!