2 Heron Avenue, Mermaid Beach
2112m2 of Absolute Beachfront Block of 17 Income Producing Units Land - Property ID: 687501
This is a once in a lifetime buying opportunity. Those who hesitate will lose The perfect redevelopment scenario.
- 3 x 3 bedroom units
- 14 x 2 bedroom units
- Expected yield approx $325,000 p.a
- Massive 40 metres (approx) of beach frontage
- 52 metres (approx) of frontage on Heron Avenue
- Nobby Beach precinct
Rarely do you find a redevelopment opportunity where the Body Corporate as a whole and in one line have decided to sell an entire block of units and go to market with such a straight forward sales process.
The choice is yours:
- Build your very own compound on the beach
- Subdivide into 4 beachfront blocks subject to GCCC approval
- Develop a brand new residential apartment block or keep the building as it is and enjoy the returns
For more information call Luke Henderson today!
- Land Size Approx. - 2112 m2
- Close to Schools
- Close to Shops
- Close to Transport