Retired out of state owner needs to divest. Renovations have stalled, but what an opportunity for someone with vision to create a fantastic waterside home on this large canal side block in one of the most expensive locations on the Gold Coast. Close to the centre of Surfers Paradise, but far enough away to enjoy this quiet neighbourhood. The location itself, in Paradise Waters, says it all. Five star living with breathtaking views, but not for a five star price featuring:

* 961m2 block
* Spanish style 5 bedroom, 2 bathroom
* Masters with en-suite and wir
* Built-ins in each bedrooms
* Air-conditioned, fully furnished
* Double lock-up garage, few car spaces
* Fully landscaped and low maintenance garden