13 Ventura Road, Mermaid Beach QLD 4218

Rare Duplex Pair 100 Metres To The Beach!

An amazing and rare opportunity to purchase a duplex pair just 100 meters to the prestigious coastline that Mermaid Beach is famous for. This astounding 405sqm block will be the prize of your property portfolio. You could continue renting both until the time is right, move into one and immediately enjoy the Mermaid Beach lifestyle, or build the beachside property of your dreams. The choice is yours.

* Unit 1 offers 3 bedroom, 1 bathroom
* Unit 2 offers 2 bedroom, 1 bathroom
* Density: RD5 Potential for an 8 bedroom development (1 bedroom per 50m2 of land)
* Max Building Height: 3 Storeys
* Potential dream development site
* Two separate incomes on one title
* Land Size: 405m2
* Insurance: $1,362.83pa
* Water Rates: $2,331.88pa
* Council Rates: $4,279.68pa
* Unit 1 Current Rent: $355 per week
* Unit 1 Lease Expires: 4/08/2015
* Unit 2 Current Rent: $295 per week
* Unit 2 Lease Expires: 8/06/2015

It only takes a casual walk up and down this sought after street to realise the potential that this property offers. Not only just 100 metres to the beach, a short stroll will also have you at the refurbished Pacific Fair Shopping precinct, trendy restaurants, cafs and bars. Just about every conceivable amenity is a stones throw away.