1&2/18 Hedges Avenue MERMAID BEACH QLD 4218

4 5 2 Study 336 m2 405 m2
Sold Under Hammer - $2,480,000

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Redevelop or Hold: East-facing duplex pair on Hedges Avenue

Hedges Avenue is the Gold Coast's ultimate beachfront strip and chances to secure a slice of Multi-Millionaires' Row are few and far between.

This 405m2 east-facing site presents an exciting opportunity to build your dream home or luxury villas within a short stroll to the sand, surf and local cafes.

Currently home to a duplex pair, investors can exercise the option to landbank for capital growth and a regular rental income from secure tenants.

Specified highlights:

- East-facing 405m2 site with 20.1m street frontage, 60m from the beach
- Redevelop or hold with rental income of $965 pw.
- Two-storey brick duplex set back from the street
- Each residence has two bedrooms, an open living room and kitchen
- Master bedrooms have an ensuite and open to an east-facing balcony
- Duplex 1 has a sunny front lawn and 2.5 bathrooms
- Duplex 2 has split cycle air-conditioning in the main living and master, an
upstairs study and fully-fenced front courtyard
- Both have a laundry, single lock-up garage and off-street parking
- The property has side access via a long driveway

Mermaid Beach is the Gold Coast's most premier beachside postcode. Famed for its laid back beach culture, one-way Hedges Avenue is lined with luxury residences all within proximity to the sand. Mermaid Beach Surf Club is a popular locals' haunt that's surrounded by a choice of top notch cafes. Dining, shopping and services are close by at Nobby's Beach and Broadbeach. Pacific Fair Shopping Centre and The Star Casino are a short drive away and Gold Coast Airport is less than 30 minutes by car. The location also affords easy access to a range of leading private and public schools.

This property won't last long on today's market - inspect or take a virtual tour to see why this site is a golden ticket to lifestyle with growth potential.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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1&2/18 Hedges Avenue
MERMAID BEACH QLD 4218

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