Beachfront living just got a whole lot cheaper.
Incredibly rare beachfront opportunity with a great rental return in the Gold Coast’s most sort after precinct. Will sell way below land value.
Unit features:
- Rare ground floor, 3 bedroom unit with absolute beachfrontage and uninterrupted views
- Best position in complex with great value and potential
- Living, dining, kitchen, 1 bathrooms (with shower and bath), 2 toilets
- 1 exclusive-use carpark
- Estimated gross income from holiday letting or permanent rental $25,000-$30,000 p/a
- Current owners of 28 years
- Fully furnished
Complex features:
- Well maintained, older style (built 1971) 3 level apartment block
- Rendered brick and tile roof construction
- Elevated above beach with 40m absolute Mermaid Beach frontage
- Substantial central in ground pool
- Undercover on site parking
- Huge 2,112m2 cul-de-sac block in the highly prestigious Hedges Avenue/Albatross Avenue strip
- Massive future site redevelopment upside
What a unique chance to own and enjoy a piece of the Gold Coast, the way it used to be, and secure the massive upside potential of this exceptional investment.