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89 Petrel Avenue, Mermaid Beach

89 Petrel Avenue, Mermaid Beach

Property ID: 1P0555
Property Type: Block Of Units
Land Size: 405m² approx.
Garage: 3
  • $4300 Yearly
  • $7375 Yearly
Inspection Times save as calendar appointment 12:00 PM - 12:30 PM


Own Your Own Block of Beachside Apartments !

bed 7  bath 4  car 3

Auction - Auction 21 October 2017 at 12.30pm

Sat, 21st Oct 2017, 12:30 PM

Venue: On Site [ Save Date/Time | Get Directions ]

Offering exceptional rental income and future development potential, this recently updated two storey complex consists of three apartments. Providing excellent rental returns this is a very unique opportunity to invest in a seldom available multi unit residential beachside development.

All units strata titled with future flexibility
Brick and tile complex metres from the beach in premier location
Apartments present in an excellent condition with nothing to spend
Ground floor features two x two bedroom, 1 bathroom apartments
Recently renovated top floor three bedroom apartment returning $580 p/w
All floor plans are configured with open plan living areas
Common areas include a spacious paved front courtyard
There are three allocated single carports for residents' use
Combined rental income of $1290 p/w with long term tenants
150 metres to the beach, close to Nobby's shops, cafes and restaurants
Short drive to Pacific Fair and 20 minutes to the airport

Disclaimer: 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.

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