L1, 2, 4, 7, 8 & 9/2 Alexandra Avenue
Mermaid Beach 4218
6 of 9 Units in Prime North-East Corner Block
Occupying a prime north-east corner position on Alexandra and Hedges Avenue, Mermaid Beach – premium real estate opportunities don't come much better than this.
Seize this unique chance to acquire six of the nine units (units 1, 2, 4, 7, 8 and 9) within Kundu Lodge, each comprising 2 bedrooms, 1 bathroom, and 1 car space.
Situated within a small body corporate on a rare 761m2 land holding, the site could have great development potential in the heart of Mermaid Beach where uninterrupted ocean, parkland and skyline views spanning Main Beach to Coolangatta can never be built out.
Invest with holding income or land bank with a view to negotiating a full amalgamation with the balance 3 owners within a high growth blue ribbon suburb.
- Situated on a prestigious north-east corner position with a total land size 761m2
- Purchase units 1, 2, 4, 7, 8 and 9 for a majority holding in Kundu Lodge
- Uninterrupted ocean, coastline and city views over Mermaid Beach that can never be built out
- Possibility to purchase the balance of three units (subject to negotiation with other owners) to complete an amalgamation
- Full site ownership would open up exciting residential development opportunities (subject to purchase of the balance 3 lots)
- 300m to the beach, 200m from nearest retail precinct, 150m from public transport
Mermaid Beach is a high growth suburb that is highly sought-after by local, interstate and international buyers for a laidback beachfront lifestyle like no other. Walk to the beach, local cafes and restaurants, and enjoy world-class shopping and entertainment at Pacific Fair Shopping Centre, The Star Casino and nearby Broadbeach.
Contact Troy Dowker on 0409 057 087, Tony Grbcic on 0407 968 667 or Adam Grbcic on 0404 087 772.
Enquire about this property
L1, 2, 4, 7, 8 & 9/2 Alexandra Avenue Mermaid Beach
- Council Rates - $54558.96 per year