1/27 Cronulla Avenue, Mermaid Beach

A unit located on a lot in 1/BUP1999 Mermaid Beach QLD. In this market, it is valued at approximately $415,000. Constructed in 1960, with 2 bedrooms and 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
2
Car spaces
1
Land size
53 m2
Building size
53 m2
Council area
Gold Coast City - Gold Coast
Year built
1960
Lot plan
1/BUP1999 Mermaid Beach QLD
House type
Unit: Standard



HISTORY

Last sold 23/08/2016
$380,000



LISTING DESCRIPTION
as of May 2011

BEACH SIDE INVESTMENT RETURN $395 PW Investors take note of this one of a kind investment opportunity. Located in the highly sought after location of Mermaid Beach, you're less than two hundred metres to the golden sands and only minutes to the surf club and coffee shops.Ground floor apartment that has been divided into two dwellings* Front studio is a one bedroom apartment returning $150 per week* Rear apartment offers spacious living area and one bedroom, returning $245 per week.* Body corporate $14 per week* Rates just over $1800 pa* Electricity approx $1000pa* 405m allotment, with only two other ownersExcellent beachside investment just in time for the end of the financial year.A copy of the Sustainability Declaration is held by the AGENCY.