7 Mermaid Avenue, Mermaid Beach QLD 4218

Amazing Opportunity to acquire this future development site - entire block of 6 units situated beach side Mermaid Beach, right in the middle of the new central social hub of the Gold Coast.

- Only 300m to beautiful beaches
- 320m to the new $700million redevelopment of the Pacific Fair Shopping Centre
- 170m to the Broadbeach Light rail station
- A metre 600m stroll to the heart of Broadbeach?s famous restaurant precinct, shopping, cafes, Jupiter?s Casino, Gold Coast Convention Centre plus so much more??
Perched on 1049m2 land, RD6 Zoned, currently occupied by 6 strata titled units ?
- 2 x 3 bedroom + study, 1 bathroom
- 2 x 3 bedroom, 1 bathroom
- 2 x 2 bedroom, 1 bathroom

Rental return for this unit block is approx. 5.2%, making this an attractive holding proposition for future redevelopment or get your D.A in now and get ready to sell when the world is watching the Commonwealth Games.

This fantastic beach side location offers the potential to accommodate either high-end luxury apartments, or cater for the boutique inner city living market.

The unique opportunity which presents itself with this site is here for the taking, with the new town plan currently in council to promote higher density residential living throughout this area due to be released in the very near future.

Timing and position is everything, and this is the right time to secure this position.

Contact Simon Francis on 0413 198 357 or Perry Brosnan on 0414 758 204 to arrange an appointment to view.