28 Arthur Street Mermaid Beach, QLD 4218

Location and opportunity collide with this lucrative Mermaid Beach property. Perfectly placed to be approx. 200m from a coveted stretch of coastline bookended by Nobby's and Mermaid Beach, this 4 bed, 2 bath brick and tile home is ripe with untapped potential. Renovate the existing structure, knock down and rebuild your dream coastal abode, landbank the 405m2 block or simply add it to your rental portfolio and watch the values soar. No matter your choice, it represents a chance to secure yourself a prosperous future.

Perched in an exclusive beachside pocket, spend your mornings surfing or swimming at nearby pristine beaches, before ending your day dining at any number of eateries in the Nobbys or Mermaid precincts, all within walking distance. For a change of scenery, head into Broadbeach - approx. 3km away, where landmark locations including Pacific fair and Star Casino await. You'll need to act fast to capitalise on this prime property opportunity - arrange an inspection today.

Property Specifications:

• Auction this Saturday 28th January at the Star Casino Broadbeach, 10am
• Exceptional property opportunity, approx. 200m from popular Mermaid Beach
• Ripe with enticing potential - renovate or knock down and rebuild
• Lucrative chance to landbank or add to your rental portfolio
• 4 bed, 2 bath brick and tile home currently sitting on a 405m2 block
• Kitchen with ample storage and breakfast bar
• Two separate living areas
• Master suite includes a walk-in robe plus ensuite
• Double garage with two off-street parking spaces
• Low maintenance gardens plus shed for outdoor storage
• Short stroll to local Mermaid Beach and Nobby's Beach eateries, shops and services
• Ample public transport close by
• Approx. 3km to Broadbeach, including Pacific Fair and Star Casino
• Approx. 16km to Gold Coast Airport
• Currently tenanted to February 2023

Rental Appraisal: Approx. $900-$950 per week
Council Rates: Approx. $2,249.47 half yearly
Water Rates: Approx. $486.40 per quarter

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. 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.