Auction - Will be sold!

Don't miss this ultra rare opportunity. to secure a property in a great position with great potential!

Unlock the full potential of this prime real estate gem! Situated on a generous 506m2 land area, this property boasts a sunny northern aspect adjoining the expansive Annette Kellerman parkland. With a coveted "Neighbourhood Centre" zoning and numerous possibilities, this site presents an exceptional opportunity for redevelopment or renovation.

Key Features:

• 506m2 land area, adjoining spacious Annette Kellerman parkland area to sunny northern side of the property.
• Zoned: "Neighbourhood Centre" with numerous possibilities for the redevelopment of the site
• Current height under GCCC Town Plan 24m
• Density RD5 zoned
• The existing property features a solid brick and tile 1970's home, offering 3 bedrooms, 1 bathroom, and a double lock-up garage in neat, original condition. Very workable floorplan, easily modernised with new paint and carpet and by replacing/renovating the kitchen and bathroom
• Immense potential for commercial, residential or mixed-use development. Explore the options to create a vibrant office space or capitalise on the high-density residential opportunity (subject to GCCC approval).
• High traffic exposure being located on highly visible Gold Coast Highway position with over approx. 540,000 passing vehicles daily
• Only metres from Mermaid Beach South Station light rail station (currently under construction) and the newly completed Woolworths Metro.
• Stroll to the pristine shores of Mermaid Beach and so close to restaurants, cafés, local shops and new shopping centre
• The property has the advantage of a beneficial easement (122m2) over part of the adjoining property, providing an additional right of passage for vehicles into the property. Furthermore, the town planning changes due to the Light Rail corridor present a potential redevelopment advantage, ensuring future growth and value.
• Gold Coast Highway Frontage approx. 12.5m

In Room Auction at the Mermaid Beach Bowls Club, Thursday 27th July at 3:00pm
Auction Terms: 5% of the purchase price, Settlement 29th September 2023 (refer to sale contact prior to Auction for any changes)

Council Rates: $2,016 per annum (approx) (with pensioner discount)
Water Rates: $1,334 per annum (approx) (with pensioner discount)

So many options for this site, so don't let this once in a lifetime opportunity like this with endless possibilities pass you by.

For further information or current lease terms please contact Andrew Henderson or Luke Henderson for a Property Information Memorandum.

Our motivated sellers are committed to selling and will consider all genuine cash offers prior to the Auction.

For further information or current lease terms please contact Andrew Henderson or Luke Henderson for a Property Information Memorandum.

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.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

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.