2310 Gold Coast Highway, Mermaid Beach QLD 4218

Are you in search of the perfect position for your future dream home? A great land banking opportunity with excellent potential for capital growth? Or a property to renovate and add value to? Then look no further!

Set on a 405m2 land area with 12m street frontage, is an existing structure of a duplex pair all on the one title. Currently tenanted so you can enjoy a great holding income until you're ready to build the home of your dreams or retain as an investment and reap the weekly returns for many years to come!

This location is tightly held and in high demand due to its proximity to the popular beachside precinct of Nobby's and the relaxed coastal lifestyle it affords the fortunate few that call it home. Enjoy a daily breakfast or coffee at one of the many neighbouring cafes and leisurely strolls along the beautiful beach nearby. Catch up with friends over a cool drink and evening meal at one of the many stylish bars and restaurants all within metres from home. Also offering close proximity on offer to world class shopping at Pacific Fair, Star Casino and the Broadbeach entertainment precinct to the North, and popular Miami and Burleigh to the South.

- Brick and tile duplex pair, all on one title
- Unit 1 is 2 bedroom, 1 bathroom, 1 lock up car space - Currently rented: $350 per week
- Unit 2 is 2 bedroom, 1 bathroom, 1 lock up car space - Currently rented: $370 per week
- Situated on 405m2 land area, 12m of street frontage (approx.)
The options are endless:
- Redevelopment potential (STCA)*
- Renovate this brick & tile build and reap the rewards!
- Land bank for the future when properties like these are even harder to find, whilst gathering multiple income streams!
Council rates: $3,102 per annum (approx.)
Water rates: $2,752 per annum (approx.)
Rental income: Unit 1 - $350 per week until 12/05/2021, Unit 2 - $370 per week until 12/11/2021

With no ongoing body corporate and only building insurance payable, this is an investment opportunity of a lifetime! Don't look past this property if you care about your financial future - Secure this one today, or envy the buyer that does!

Contact Matt Maguire or Luke Henderson to arrange your inspection today - inspection by appointment! - Don't hesitate as other buyers won't.

* Subject to Council Approval

Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.