5/23 Venice Street, Mermaid Beach QLD 4218

This is an exciting opportunity to buy an entry level beachside unit at fabulous Mermaid Beach.

Enjoy famous beaches at the end of the street, with all the conveniences of Pacific Fair, award-winning restaurants and Star Casino and Convention Centre all within walking distance.

Priced as the perfect entry level for the first home buyer, or else for the astute investor to add to your property portfolio. Ripe for an update to provide further added value or hold for possible future redevelopment.

Perfectly positioned in a block of only eight units on 809m2 prime beachside land, this is all about position, position, position.

Features:
- 2 bedrooms
- 1 bathroom
- Lock up garage with storeroom
- Beachside location
- Boutique building of 8 units
- Development potential on 809m2 prime beachside land

For more information about this property, contact our sales agent Luke Henderson 0409 599 507.

Outgoings:
Unit 5 Rental income: Currently tenanted at $420 per week
Body Corporate fees: $43.65 per week (approx.) - per unit
Council rates: $2,700 per annum (approx.) - per unit
Water rates: $1,335 per annum (approx. - variable upon consumption) - per unit

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.