Phone: 07 5572 7788 Enquiries

Mermaid Beach 4218

020/2309 Gold Coast Highway

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Sold

Invest For Less Than Land Value

Expressions of Interest
Free Property Report Available by Email
Closing Date: Monday, 1 August, 2016 at 5.00 PM

Own a beachside unit Mermaid Beach over looking Petrel Avenue ( not the Gold Coast Highway ) for less than land value.

As a result of owning this unit for less than land value you are buying the property as is.

The options are yours invest in a cosmetic renovation, and you will reap the rewards of a higher rent per week, or move in yourself and make this beach pad your own.

With either option above, just sit on this low body corporate investment, and watch the land value grow in and around you.

The unit is large enough at approximately 50m2 split over two levels, and a very convenient large balcony to relax on. There is a very welcoming pool area to cool down in summer. The unsecured car parking is on as available basis.

Location location conveniently located to the entry of Nobby Beach, and all this local community has to offer. Cafes, restaurants, convenience shops, public transport, and two blocks to the beach and the surf club,

For further information and free property report detailing the most recent and relevant sales contact Dave Emblem at email dave@qldcoastrealty.com.au or call 0414643733 .

Property Snapshot

Bedrooms 1

Bathrooms 1

Garage 1

Pool Yes

Land Size 2479 Square Mtr approx.

Building Age 1965

Body Corporate Fees $1715 Yearly

Rental Return $250 Weekly Actual

Rates $1650

Water Rates 1412 Yearly

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