38 Surf Street, Mermaid Beach
Rare Key DA Approved North Facing Development Site at Nobby's Beach - Land Bank, Invest or Develop! Other - Property ID: 855605
An outstanding opportunity to secure this prime positioned, oversized 673m2* North facing site with existing residence and DA approval for luxury residential development in popular Nobby's Beach.
DA approved for 12 luxury apartments, three with exclusive roof top entertaining areas as well as a communal roof top area for the balance of the apartments.
The current residence comprises of a ground floor self-contained flat plus a separate 3 bedroom top floor residence with a combined rental income of $660.00 per week.
Sought after location just metres from golden patrolled beaches and the popular Nobby's cafe, bar and restaurant precinct.
- Outstanding opportunity in a prime sought after location
- Over sized 673m2* North facing block with 20.3m* frontage (Standard land size for area approx 405m2)
- DA approval for 12 luxury apartments
- Existing 4 bedroom dwelling with current rental income of $660.00 per week
- Popular location close to beaches and amenities
This is an opportunity not to be missed!
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.
- Close to Shops
- Close to Transport
- Secure Parking