5 Seagull Avenue, Mermaid Beach QLD 4218

Perfectly positioned in arguably the most desired pocket, the park end of Seagull Avenue, Nobby Beach. Here's your chance to secure this block of 3 units on 1 title on 405m2 land area with wide 12.5m street frontage. This prime opportunity creates so many options available to you including; rent all units out and take advantage of 3 income streams, live in one and rent the other two, or turn the residence into your dream beachside abode in one of the best beachside suburbs in Australia - The choice is yours, either way......you reap the rewards of a quality beachside position!
This Nobby's location is tightly held and in high demand due to its relaxed coastal lifestyle it affords the fortunate few that call it home. Plus, it's so family friendly with Nippers at Nobby Beach SLSC and the kids and dog will love the ever popular Lions Head park, conveniently located just across Chairlift Avenue.
Life's a dream when you live at Nobby's! Imagine this... Begin your day with a coffee and breakfast at one of the neighbouring cafes, find time through the day for a leisurely stroll along the beautiful patrolled beach and to end the day catch up with friends over a cool drink and evening meal at the at one of the many stylish bars and restaurants at your fingertips - this is what the Nobby's lifestyle is all about!
Whether you renovate into your dream home and live the beachside lifestyle for yourself or land bank for the annual returns, this blue-chip property offers many options and financially rewarding possibilities in the ever popular Nobby Beach, which is known as a capital growth hot spot.
Unit 1 - Two bedrooms, one bathroom, one undercover car space - well presented, air conditioned with 3 x ceiling fans - Estimated rent return $500 per week (vacant possession)
Unit 2 - Two bedrooms, one renovated bathroom, one undercover car space - well presented with 3 x ceiling fans - Rented on periodic lease for $320 per week, in current market estimated rent return of $500 per week (vacant possession can be offered on a 60 day settlement)
**Please note: there are no internal photos of unit 2 available, however it is a mirror reverse of unit 1 and very similar condition apart from unit 2 bathroom is in a litter better coniditon.
Unit 3 - Recent new construction - 2.70 metre ceiling height on each level, two bedrooms plus study, two storey, two bathrooms including master with ensuite, 3 x air conditioners, 4 x ceiling fans, private fully fenced and secured courtyard with terrace and garden with one undercover car space.
The ground floor features an open plan design with recycled hardwood timber floors, a spa bath in the main bathroom, breakfast bar and laundry in kitchen, ample storage
Entering the carpeted second floor via a handmade timber bespoke staircase, is the master bedroom with private undercover timber balcony, wardrobe and ensuite, second bedroom, study and more storage - estimated rent return $900 per week (vacant possession)
Note: Recently the old fibro roof was replaced with a new colorbond roof over the entire structure. There is also an outside storage room onsite.
Features:
- Outstanding location to build your dream home
- Live in one and rent out the other two or alternatively receive all 3 income streams
- 2 x 2 bedroom, 1 bathroom units + 1 x 2 bedroom plus study, two storey, two bathroom unit at rear with private courtyard and garden
- 3 single undercover car spaces - one per unit
- 405m2 block with wide 12.5m street frontage
- So close to beach and Lions Head park across the road
- Short stroll to cafes, stylish bars, restaurants and boutiques of Nobby's
Council rates - $6,000 per annum (approx.)
Water - $2,000 per annum (approx.)

Auction Terms: $200,000 Deposit, 60 day Settlement
Properties of this calibre in this location are rarely available and procrastination will lose you this quality beachside opportunity as at the end of this auction campaign there will be a new owner. For further information or to arrange your inspection, contact Luke Henderson or Matt Maguire.

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

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 only.

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.