This property is a house located in 70/RP40641 Mermaid Beach QLD. We estimate its value at $1,265,000. Built in 1968, it has 3 bedrooms, 1 bathroom.
Position, Potential, Profit - Massive Price Reduction!! The search for your dream beachside position ends here! Rather than spending your weekends searching for real estate, spend them adding value to this beauty of yesteryear! Surplus to the globetrotting sellers requirements, buyers act now to make the most of the quality beachside opportunity provided to you. Positioned in the highly sought after northern end of beachside Mermaid Beach, where cafes and restaurants are in abundance, the beach is at the end of the street and Pacific Fair and transportation are just a quick walk away. Single level, featuring 3 bedrooms, fenced front yard and a large north facing backyard to absorb the sunlight. You have so many options available to you with this 405m2 land area - make the most of the original brick structure and bring this home back to life, alternatively knock down and build your dream home in a great position close to the middle of the street. Currently there are tenants in place so you can earn an immediate return should you be buying today to do something tomorrow, when the prices of beachside real estate may be out of financial reach forever. Contact Luke Henderson, Matt Maguire or Andrew Henderson for an inspection. Council Rates: $4,800 p.a. (approx.) Water Rates: $1,440 p.a. (approx) Current Rental Return: $550 p.w. until 19.11.2020 Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.