59 Hedges Avenue MERMAID BEACH QLD 4218

8 4 4 414 m2 405 m2
Sold - $5,500,000

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Deceased Estate, First Time to Market in 58 years. Extremely Rare Absolute Beachfront North Facing Corner Block.

Perched on the corner of coveted Hedges Avenue and Seabeach Avenue and boasting an absolute beachfront location, an exceptional development opportunity awaits. If you've ever wanted to build a landmark luxury residence which capitalises on this prime location, now is your enticing chance to do so.

Owned by the same family since the early 1960's, currently a two-storey 414m2 complex with basement car park sits on this 405m2 site. Four apartments, each with two bedrooms and one bathroom and feature an open plan living, dining and kitchen, laundry and a balcony. Best of all, a golden beach is your backyard and you'll get to soak up enviable, uninterrupted Pacific Ocean views.

Property Specifications:
• First time to market in nearly 60 years;
• Extremely rare north facing corner block;
• 405m2 absolute beachfront block with prime development potential;
• Opportunity to build a luxury residence in an exclusive, high-end location;
• 414m2 complex onsite, set out over two levels with basement car park;
• Four x 2 bedroom, 1 bathroom units, including two with uninterrupted Pacific Ocean views;
• Each unit also with open plan living, dining and kitchen plus storage, laundry and a balcony;
• Secure garage to accommodate 4 vehicles;
• Enviable location, close to cafes, restaurants and surf clubs.

This prime piece of real estate is just a short stroll from local Mermaid Beach cafes, restaurants and surf clubs as well as close to the bustling Nobby's Beach village atmosphere. Pacific Fair, with its upscale shopping and entertainment facilities, is a 5 minute drive away, and you're just under 17km from Coolangatta Airport. Arrange your private inspection today.

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.

Due to the COVID-19 restrictions, Kollosche are continuing to offer private viewings and virtual inspections.

To qualify for a private viewing you must:
1. Have driven past the location and confirm the location and style of the home is suitable;
2. Provide written confirmation / evidence that you are a cash buyer or that you have finance approved from your bank or broker;
3. Attend a private viewing with no more than two people;
4. Confirm that you have not travelled overseas in the past 28 days or been in contact with anyone infected with the COVID-19 virus.

If you are a buyer and do not have finance approved please call us immediately. We can put you in contact with our brokerage team who can assist you in obtaining a competitive pre-approval from a number of lenders.

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59 Hedges Avenue

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