Fantastic Investment or Entry Level Beachside! Must be Sold!

This is that opportunity you’ve been waiting for, move straight in or add to your portfolio and just make that astute entry into one of the most popular beachside markets on the Gold Coast.

Conveniently positioned on the ground floor, this one bedroom apartment is in one of the best positions in the building, with direct access to patio area and within steps to the sparkling swimming pool. Generously offering both front east and west facing balconies, the unit comes complete with security access and basement security car space for one.

“Mermaid Cove” is a boutique beachside building of just 16 apartments situated on 809m2 land area, with famous patrolled beaches just at the end of the street.

Features:
– One bedroom
– One bathroom
– East and west facing patios
– Security access
– Secure basement parking
– Pool onsite
– Boutique building of only 16 units

Located in a great central spot and close proximity to everything you need, just a 3 minute walk to Mermaid Beach Surf Club, 150m walk to the beach, 2 minute walk to bus stop and proposed light rail station and just 10 minute walk to Pacific Fair.

With easy access to local shopping, parkland, cafés and restaurants.

The owner is motivated and keen to sell as they are moving to a retirement care.

Auction: Saturday 26th February, 1:30pm on site (unless sold prior)
Auction terms: $20,000 deposit, 30 day settlement
Council rates: $1,231 per annum with pensioners discount (approx.)
Water rates: $1,261 per annum with pensioners discount (approx. – variable upon consumption)
Body corporate fees: $86 per week (approx.)
Rental estimate: $450 per week (approx.)

Contact Luke Henderson or Andrew Henderson for a copy of the information pack or to register your interest today!

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.

Property ID: 1213968