85 Seagull Avenue, Mermaid Beach QLD 4218

Situated 125m from the beach, this duplex pair offers great dual income in a magnificent beachside position, ideal for redevelopment or long term investment.

Undoubtedly one of the most sought after beachfront suburbs in Queensland, if not Australia, these duplexes that are all on one title are both 2 bedrooms, 1 bathroom on a 405m2 parcel of land that offers good holding income for this area.

Presently returning $680.00 per week and offering a greater potential return for minimum outlay, these duplexes have not been vacant for more than a week in the 20 years of tenancy.

Invest, develop, or build your dream home and create the enviable beachside lifestyle so many Australian and overseas property owners dream about.

Mermaid Beach is one of the few beachside suburbs with exclusive 3 level height restrictions, giving you the peace of mind of knowing you will not end up in the shadow of surrounding residential towers.

The added future benefit for 85 Seagull Ave is that it's also situated only 200m from the southern stage 3 of the proposed light rail route from (Pacific Fair) South Broadbeach Station to run down the Gold Coast Hwy past Surf Street to Burleigh.

Features:
- Dual income
- All one title
- 2 x 2 bedroom Duplexes
- 2 bathroom
- 500m to Nobby Surf Club
- Under 500m to Nobby Shops/restaurants and bars
- Easy 200m stroll to the beach
- 200m to Transport
- 2km from Pacific Fair

- Council Rates approx. $4,450.00 per year
- Water Rates approx. $2,000.00 per year