2/198b Hedges Avenue, Mermaid Beach QLD 4218

An affordable opportunity to purchase into one of the most sought after beachside locations on the Gold Coast! Nestled in the quiet Hedges Easement off prestigious Hedges Avenue, surrounded by multi million dollar homes and just footsteps to the famous surf and sand of Mermaid Beach is this fantastic beachside lifestyle or investment opportunity. Well suited for the savvy investor or owner occupier, your inspection will not disappoint.

Set on the ground floor of small block of 5, this renovated apartment features 2 good sized bedrooms and a spacious air conditioned living space complimented by a stylish kitchen with stone benchtop and stainless steel appliances.

Secure your future in this prime position property, set on a 496m2 land area with only 5 units and fantastic future redevelopment potential.

Position is what this property is all about! Immerse yourself in the relaxed coastal vibe and family friendly community feel with an eclectic mix of cafes, bars and world class dining options that ever popular Mermaid Beach is renowned for.

Enjoy close proximity to award winning local restaurants Little Truffle, Etsu, Bonita Bonita and with local favourites Glenelg Public House, Bam Bam Bakehouse and Cafe on Hedges, you will never go hungry. Close to Pacific Fair Shopping Centre, an array of shops, cafes and thriving nightlife, the Light Rail station and transport routes, Star Casino and the Gold Coast Convention Centre - this location is second to none with everything right at your doorstep!

You'll also love the close proximity to public transport (including stage 3a of the light rail due for completion over the coming years), schools, parks and even the kids Nippers Program at the Mermaid Beach Surf Club, conveniently located within a short stroll away.

Features:
- Prime positioned renovated beach pad
- Fantastic investment or lifestyle opportunity
- Highly sought after beachside position adjoining multi million dollar homes on Hedges Avenue
- 2 bedrooms each with built in wardrobes
- Renovated kitchen with stone benchtop and stainless steel appliances
- Air conditioned living space
- Floating timber flooring throughout
- Small block of only 5 units on a 496m2 land area with future redevelopment potential
- Single covered car space
- Low body corporate fees
- Quiet location with no flow through traffic
- Metres to the surf and sand of Mermaid Beach
- Easy walk to cafes, restaurants and bars
- Close to Pacific Fair Shopping and public transport routes

- Body corporate fees: Approx. $46 per week
- Council rates: Approx. $3,229 per annum
- Water Rates: Approx. $1,183.52 per annum
- Rental income: Currently tenanted to long term tenant for $360 per week - lease expiring March 2022

Contact Luke Henderson or Matt Maguire for further information or to arrange your inspection!

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.