31 Tamborine Street
Mermaid Beach 4218

Positioned just a stroll from the beach and 70m from cafes, shops and services, this property opportunity offers possibilities as enticing as the location. Occupying a 405m² block in one of the Gold Coast's most coveted coastal pockets, it represents an enticing dual living arrangement or lucrative investment. Comprising two light-filled and charming villas on one title, it's not only ideal for multi-generational families, but also those seeking a rental income stream to offset the mortgage.

Released for sale for the first time and held by just one owner, each presents in original, yet well maintained condition, with potential to modernise and add value. Both properties have ample space spread across a double-storey floorplan, the ground floor features a stylish kitchen adjoining an open-plan living and dining zone while upstairs three bedrooms (with built-in robes), are serviced by two bathrooms. Convenience continues with powder rooms and laundries downstairs, plus access to alfresco areas with covered patios and easy-care gardens and lawns.

A detached single garage for each residence also awaits. However, with the beach, cafes, restaurants and more within walking distance, you can leave the car at home as you immerse yourself in the vibrant lifestyle this beachside setting affords. It's also a prime site for a dream coastal rebuild.

The Highlights:

- Two light, bright and charming beachside villas on one title, offering a lucrative investment or dual living opportunity

- 405m2 block a mere 200m from the beach

- First time to market and just one owner

- Each villa spans across a double-storey floorplan, presenting in original, yet well maintained condition, with scope to enjoy as is or modernise and add value

- Open plan living and dining areas adjoins a stylish kitchen before flowing outdoors

- Three bedrooms and two bathrooms per unit grace the top floor, each with built-in robes and one with an ensuite

- Covered alfresco patios links with courtyards featuring easy-care lawns and gardens

- Ground floor powder rooms and laundries

- Detached single garage to each villa with additional driveway parking for one car each

- Also potential to knock-down and rebuild a dream coastal home

Blessed with an unbeatable location, stroll 200m to savour the sun, sand and surf at Mermaid Beach or in 75m access the shops, eateries and amenities in the Mermaid Beach Village precinct. Plus, take advantage of the abundance of cafes, bars and restaurants within walking distance of this site, including the vibrant Nobby Beach cuisine scene. It's also approx. 3km from Pacific Fair, Star Casino and all the delights of Broadbeach, with ample public transport close by.

Whether you choose to enjoy the current dual living arrangement, add value with a renovation, maximise the investment opportunity or even simply land bank, the future looks prosperous. Don't delay, contact Eoghan Murphy on 0421 197 720 today.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.