Offered to the market for the first time in over 40 years is this rare, original condition 2 bedroom unit, located footsteps to the surf and sand in the heart of Mermaid Beach! After decades of ownership, it's now time for our seller to move on, presenting a fortunate new owner the chance to enjoy the position and lifestyle on offer. Act now and be rewarded!
Secure this 'Blue Chip' location as it is truly rare, imagine what it will be worth in the future as it is very rare to find a unit in a small block located along 'Millionaire's Row'.
Ideally positioned right across the road from the beach, this unique property presents the savvy buyer with the exciting opportunity to capitalise on its unbeatable beachside location! This beach pad features 2 spacious bedrooms both with built in wardrobes, 1 bathroom, open plan living and a single carport.
Secure your future in this fantastic property, set in "Blue Horizon Court", a small block of only 6 units, on a prime 610m2 block with potential for future redevelopment.
It's no secret that Mermaid Beach units are hot and in high demand! Act quickly and you too can start living the enviable lifestyle this property has to offer. This highly prized location is continually evolving, renowned for its relaxed coastal lifestyle and ever growing and changing mix of trendy cafes, bars and restaurants.
Enjoy daily strolls along the picturesque beaches, catch up with friends over a cool drink and meal at one of the many stylish bars and restaurants at your fingertips.
This sought after precinct also offers close proximity to world class shopping at Pacific Fair, the newly refurbished Star Casino and the Broadbeach entertainment precinct, all within a few minutes' drive.
Features:
- Act quick - Highly sought after Mermaid Beach position
- Located in small block of 6 on 610m2 block of land on 'Millionaires Row'
- Ground floor position
- 2 bedrooms, 1 bathroom
- Single carport
- Directly opposite patrolled beach
- Easy stroll to trendy cafes, bars and restaurants
- Low body corporate fees
- Body corporate fees: Approx. $20 per week
- Council rates: Approx. $2,500 per annum
- Water Rates: Approx. $1,400 per annum
- Rental income: Estimated at $450 per week (approx.)
Auction terms: Deposit - $25,000, Settlement - 30-45 days (Buyer's choice)
Auction Saturday 27th March, 1.00pm on site (unless sold prior)
Take advantage of this opportunity today! An inspection of this property is a must to truly appreciate the opportunity on offer, but be quick as properties in this location rarely last!
Contact Luke Henderson or Matt Maguire for further information or to arrange your inspection!
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.
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.