Rare and unique opportunity, being only 1 of 8 units in boutique block on 1,214m2 land area which is equal to 3 standard blocks. Ocean views are seen from this elevated top floor 2 bedroom unit with a north easterly aspect. Prime future re-development site with such a low unit to land content ratio for Mermaid Beach, a perfect future investment hold. Plus the site is currently underdeveloped as is, with city plan allowing for - RD 5 = 1 bedroom per 50m2 of site area - what an opportunity! Simply metres from Hedges Avenue, cafés, patrolled beach, parklands and surf club. With the new light rail station under construction there will actually be a stop near the highway end of the street for convenience. Arguably the most sought after site in the Mermaid Beach side streets. • 1,214m2 land size • 30 metres frontage • Neat and tidy 2 bedroom, 1 bathroom • North/East Facing unit • Ocean Views and sea breezes from balcony • Located in the heart of Mermaid Beach, walking distance to the new light rail station, Popular Rafiki Cafe and Mermaid Surf Club • Short stroll to popular year round Patrolled Beaches, enjoy ocean swims or walks along the pristine sandy beach. • Single Carport • Sunny Elevated position Seller is committed to sell. Don't miss out on securing this opportunity today, as don't know where you will find another property like this! • Auction: On-site Sunday 20th October at 12:30pm • Council Rates: $2,884.97* per half year • Water Rates: $357.24* per quarter • Body Corp: $25.38* per week • Currently leased at $560 per week Lease Term until 13/12/2024 Agents: Andrew Henderson and Brooke Henley-Smith Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.