$1,275,000

5 Bed  •  4 Bath  •  3 Car  •  405m²

Main view of Homely house listing, 49 Petrel Avenue, Mermaid Beach QLD 4218
Second view of Homely house listing, 49 Petrel Avenue, Mermaid Beach QLD 4218
Third view of Homely house listing, 49 Petrel Avenue, Mermaid Beach QLD 4218
+14

Sold

49 Petrel Avenue, Mermaid Beach QLD 4218

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$1,275,000

  • 5
  • 4
  • 3
  • 405m²

House Sold on Wed 8 Jun, 2016

What's around Petrel Avenue

House description

“Rare Opportunity and Options Galore”

Expression of Interest
Free Property Report Available by Email
Closing Date: Monday, 6 June, 2016 at 5.00 PM

There are very few opportunities of a corner block in Mermaid Beach in the very popular Nobby Beach area to add to your property portfolio.

Options Galore!
This property is set up as three individual residences on the one property.

Option 1 - Live in one, rent the other two, or rent all three.
The ground floor residence (no stairs) is a very practical two bedroom, two bathroom, plus study, plus massive outdoor entertaining area. Perfect for the retiring couple wanting to have ground floor living, no stairs and an income from the other two residences. Each of the other two residences are one bedroom apartments including living area, separate kitchen and bathroom. The two apartments are currently rented at $200 and $240 per week.
This set up can also suit a young couple looking to capitalise on living in the ground floor residence, banking the income from the two apartments, and land banking this very valuable position to redevelop in later years.

Option 2 - Develop a corner block Duplex
Corner blocks are the perfect set up to develop a duplex. Two street frontages give you the opportunity to design the duplex as two separate residences. Sell both, sell one and live in one, or live in one and rent one out.

Option 3- Build your dream home in this sought after Nobby Beach location.

Location - Location- Location
No need for a car here. You can absolutely walk to every where you want to go. The beach, the Surf Club, the cafes, restaurants and convenience shops of Nobby Beach, schools, sporting fields of Pizzey Park, the future Light Rail going south to the airport, or north to Broadbeach, Surfers Paradise, and heavy rail to Brisbane.

For further information and free property report detailing the most recent and relevant sales contact Dave Emblem at email [email protected] or call 0414643733 . Jan Emblem at [email protected] or call 0414598919.

Land details

Area: 405m²
Fourth view of Homely house listing, 49 Petrel Avenue, Mermaid Beach QLD 4218View more
Fifth view of Homely house listing, 49 Petrel Avenue, Mermaid Beach QLD 4218View more

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49 Petrel Avenue, Mermaid Beach QLD 4218
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