OPPORTUNITY KNOCKS ON ALBATROSS AVENUE SITE

This is a rare chance to secure a double block across the road from the beach in Albatross Avenue, in the exclusive beachside suburb of Mermaid Beach. This is the first time this whole parcel of land has been offered to the market since the 1970’s and there can only be one lucky astute ‘johnny on the spot’ purchaser to reap the potential and profit off this prime blue-chip location.

This block of 8 x 2-bedroom units, strata titled on Millionaire’s Row, will give one astute buyer the chance to secure and capitalise on the fastest growing beachside location in Queensland. This is the perfect location for a new high-end beachside development for apartments, townhouses or villas.

As an east facing block of 809m2, the rare Nobby’s Beach site is primed for demolition for a new residential development targeting the more affluent end of the beachside market that Australia and southern buyers are demanding.

Alternatively, simply build your dream home just across the road from the beach on a rare double block and be the envy of your family and friends.
The Nobby’s Beach end of Mermaid Beach is widely regarded as the most exclusive beachside location on the Gold Coast. With the never-ending high demand for this tightly-held suburb and the peace of mind of knowing you won’t be being built out any time in the foreseeable future, remember that Mermaid Beach is a beachside suburb with mostly residential zoning.

To put it in perspective, this location is reminiscent of the northern beaches of Sydney back in the 70’s and 80’s. The existing ‘Arvon’ structure is a block of 8 original beachside units that have now served their purpose, with the site now ready for a phoenix-style resurrection to reflect the luxury Mermaid Beach lifestyle that Millionaire’s row is famous for.

Currently the 8 x 2-bedroom 1-bathroom units are in good condition and receiving good solid returns in a strong rental location, while the demand for tenancies close to the beach remains high.

Approx. 300+ metres to trendy Nobby’s Beach restaurants, wine bars and cafes, this location gives any new future developments all the options to attract the high-end clientele to this sought-after beachside lifestyle.

• 809m2 double block
• Set back approx 85m from the sand
• Approx. 300m to the restaurants, shops, and cafes of Nobby’s Beach
• Miami State High School approx 1km away
• New light rail station to be built within approx. 400m

The exciting new infrastructure in the area and the commencement of the new light rail to Burleigh Heads (to start works later in the year) is only increasing value and demand at a faster rate than ever before for the area. There has never been a better time to purchase in this southern Mermaid Beach location and plan a unique development that this area is crying out for. The ever-growing demand, value, and opportunities such as this are now rarer than ever before and will reach a level in the future where they will be unobtainable.

Becoming known nationwide as the place to purchase when relocating to the Gold Coast, Mermaid Beach is the perfect quiet low density residential beachside lifestyle favoured by families’ retirees and investor alike.

For further information please contact exclusive marketing agents Simon Francis or Tania Pears.

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: 1194672