2/40 Arthur Street, Mermaid Beach QLD 4218

This two-level apartment presenting in a neat and tidy condition captures an abundance of cool coastal breezes all year round.

Situated beachside of the Gold Coast Highway in one of Mermaid's most prestigious streets, you are only a few short steps away to lazy days on the sand or radical manoeuvres on your surfboard as you paddle into the deep blue Pacific Ocean.

Walk or ride your bike along Hedges Avenue and end up North in Broadbeach or South in Miami and Burleigh.
Indulge in the abundance of coffee shops and restaurants close by where good food and good vibes flow all year round.

Even though you'll feel like walking everywhere it's handy to have the off-street parking space which this property provides.

With an appeal to all buyers and low body corporate, there is real value being 1 of 7 apartments on a huge 809m2 beachside block only 200 meters from the golden sands of Mermaid Beach and so close to everything this amazing suburb has to offer.

Go to the beach, grab a coffee and inspect this remarkable beach side apartment.

Property Features:

• Two bedroom, one bathroom, one car apartment
• Presenting in neat and tidy condition
• Master bedroom with balcony
• Kitchen with breakfast bar
• Ceiling fans throughout
• Well maintained neat and tidy double brick building, recently improved with new colorbond roof, balconies and shade sails
• Small boutique block of 7
• Low maintenance turn-key property
• 200m from the beach, coffee shops, restaurants and public transport

Property Specifics:

• Body Corporate: $46.30* per week
• Sinking Fund: $25,359.95 as at 06/07/21
• Council Rates: $1,270.29* half yearly
• Water Rates: $310.38* per quarter
• Currently leased at $420 per week until 17/5/2022 (under market value due to Covid-19)
• Rental Appraisal: $550-$600* per week

Approx*

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.*