122 Hedges Avenue, Mermaid Beach QLD 4218
Offers over $2,000,000
A Golden Opportunity on Hedges Avenue - Entire Block of Units - Will Be Sold! Other - Property ID: 985943
This beachside block of 4 units set on an ideal North-East facing aspect corner position boasts a wide frontage of approx. 36 metres onto exclusive Hedges Avenue, 'Millionaire's Row' - Queensland's premier location.
Offering so many financially rewarding possibilities, this blue-chip property gives you the option to hold as the perfect investment and take advantage of the income streams already in place (current annual returns of $72,020 - which is a higher percentage return for residential property beachside) or build your dream home in the ultimate of locations!
- Entire block of 4 units
- 405m2 block with wide 36 metre (approx.) frontage onto Hedges Avenue
- North-East facing aspect, rare corner position
- 2 x 2 bedrooms, 1 bathroom units - downstairs
- 2 x 3 bedrooms, 1 bathroom units - upstairs
- Ocean views
- Currently returning $72,020.00 per annum
- Blue chip location
Council Rates: Approx. $7,000.00 per annum
Water Rates: Approx. $3,200.00 per annum
Total Rental Income: Currently returning $72,020.00 per annum ($1,385.00 per week)
This prime position is only metres from the beach, minutes from world class shopping at Pacific Fair, Broadbeach Mall with its abundance of shops, restaurants, cafes and thriving nightlife, the Light Rail station, newly refurbished Star Casino and the Gold Coast Convention Centre.
It's not easy buying quality real estate, but the rewards over the years can be endless. Take advantage of this rare opportunity and invest wisely in your future. Contact Luke Henderson or Cindy Katene today.
- Land Size Approx. - 405 m2
- Close to Shops
- Close to Transport
Office & Agent Details
John Henderson Real Estate
- 2406 Gold Coast Highway
Mermaid Beach QLD 4218
- E: email@example.com
- P: 07 5572 8011
- F: 07 5572 0176
- Director, Auctioneer & Senior Sales Representative
- E: firstname.lastname@example.org
- M: 0409 599 507