Deceased Estate 2 bedroom Beachside Renovator - Will be Sold before or at Auction

Offered to the market for the first time in over 20 years, this original 2 bedroom beachside unit is ripe for renovation. What a great start to your property portfolio by adding value to this beauty.

For those willing to put in the hard work you will be well rewarded living in such a sought after suburb as Mermaid Beach.

Due to these unfortunate circumstances, this is your chance to enjoy the position and lifestyle on offer. This unit is perfectly positioned only a short stroll to the beach and so close to Pacific Fair with its multi-million dollar upgrade to a world class shopping precinct, Broadbeach Mall with its abundance of shops, restaurants, cafes and thriving nightlife, the Light Rail station the most convenient way to travel, Jupiter’s Casino and Gold Coast Convention Centre.

It’s no secret that Mermaid Beach is hot and in high demand! Act quickly and you too can start living the enviable lifestyle Mermaid Beach has to offer.

All genuine cash offers will be considered prior to Auction!

– Walk the beach daily
– 2 bedrooms
– First floor position
– Small block of 7 units backing onto parkland
– Automatic Lock Up Garage
– Great beachside position close to shops, cafes and transport
– Renovate into your dream beach pad

Body Corporate: $63.00 p.w. (approx)
Council Rates: $2,300.00 p.a. (approx)
Water Rates: $1,000.00 p.a. (approx)
Estimated Rental Return: Unit requires renovation (Average renovated units in Mermaid Beach achieve approx. $400-$450 p.w.)

Don’t miss out on this fantastic beachside bargain as this will represent outstanding buying.

Contact Luke Henderson or Matt Maguire today to organise an inspection.

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.

Property ID: 1086388