Occupying a 763m2 block with amazing development potential on the edge of the beachside precinct in one of Mermaid Waters highly sort after waterfront streets. Currently comprising of an original home with updated kitchen, with prime wide water views all within a stones throw to the beach.
Offering upside to capitalise with a plethora of options available for you to explore. Retain and enjoy the existing house or ignite your creative genius and capitalise on the 763m2 land holding with an iconic prestige home, sub-divide &/or develop two townhouses*
- Must be sold, great buying opportunity on offer
- Amazing waterfront location, wide water view
- Desirable 763m2 block, superior 20m wide frontage
- Ideal as luxury 2 or 3 level townhouse site*
- Prime opportunity for prestige home on the water
- Steel framed, timber roof trussed
- Close to major infrastructure and many local attractions
- Walk to a safe patrolled beach
- Walking distance to the next stage of the Gold Coast Light Rail
- GCCC Rates, $1,347.91** (1 Jan - 30 June 2019)
- Permanent Rental Market Opinion, $800 - $850**per week
Redevelopment under the current town plan is classed under Medium density residential, Zoned RD3 - with the building height up to 9 metres. To satisfy your due diligence, we recommend calling Town Planning at Gold Coast City Council on 07 5582 8211 or consult a local town planner.
The property is scheduled to go to auction on Saturday 10 August, On-site at 11:00am.
Secure this bluechip property quickly before it's gone!
* Subject to Council Approval
** Approximately
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. 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.
