Calling all investors / property developers, a rare opportunity has become available to purchase three waterfront townhouses in the heart of Mermaid Island. This popular location is across the water from Pacific Fair, walking distance to the Mermaid beaches, cafes & restaurants. The townhouses sit on 32.5 metres of waterfront on a 764sqm block. What a great opportunity to land bank with a combined rental income of approx. $1,400.00 per week or develop your own project on this multi-unit zoned land.

Low body corporate and pet friendly.

* Townhouse 1:
Consists of 3 bedrooms / 2 bathrooms
Oversized master overlooking wide water with ensuite & balcony
Two storey
Lock-up garage with storage
Extra off street parking
Main bathroom renovated
Timber floorboards throughout

* Townhouse 2
3 bedrooms / 2 bathrooms
Two storey
Oversized master with ensuite and large balcony overlooking water
Lock-up garage with storage
Garden entry with fish pond
Renovated kitchen with sliding storage cupboards – very practial

* Townhouse 3
Renovated 3 bedrooms / 2 bathrooms
Two storey
Oversized master with ensuite with balcony overlooking water
Lock-up garage with storage & off street parking for 1 car
Large timber entertaining deck overlooking wide water

First time offered in over 10 years. Opportunities like this are rare, so don’t miss this golden opportunity to land bank a blue chip property in a prestigous location!
Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.