51/16 Crescent Avenue, Mermaid Beach QLD 4218
Sold for $410,000
Where Sun & Surf Meets Resort Style Living
This magnificent property blurs the lines between beach and resort life. This resort nestled in Mermaid Beach is conveniently located near patrolled beaches, public transport options, Pacific Fair shopping centre, The Star Casino and Hotel, surf lifesaving precinct and award winning cafes and restaurants.
This two bedroom, two bathroom property includes a renovated kitchen, laundry, rear terraced balcony, as well as a lovely view of the tropical gardens and pool area from your open plan living area.
This fully self-contained ground level unit located in this boutique low rise security complex is currently in the holiday pool, and managed onsite. The residence comes fully furnished and is available to keep in the pool or very suitable for the owner occupier/long term investor as well.
Thinking of the position, lifestyle and potential return on investment, this opportunity has to be shortlisted whilst it lasts!
Features include:
– 2 Bedrooms
– 2 Bathrooms
– Fully equipped kitchen with dishwasher
– Open plan living
– Study nook
– Air conditioning
– Ceiling fans
– Separate laundry
– Intercom system
– Allocated underground car space
– Rear terraced balcony
– Tropical outlook
Resort Facilities include:
– Sparkling 30 meter heated swimming pool
– Spa/Jacuzzi
– Gazebo & BBQ area
– Security gated community
– Well maintained tropical gardens
– Onsite management available
By the numbers (holiday let)**:
– Rates and Water approximately $4,875.47 per annum
– Body corporate approximately $5,452.51 per annum
– Power approximately $1,531.40 per annum
– Accommodation & other expenses $11,643.31 per annum
– Potential income approximately $29,060.46 per annum
Within close proximity to Mermaids finest eateries including tempura prawns and beef tataki at Etsu Izakaya, chicken tacos, sangria, and tortillas at Bonita Bonita, or infamous artisan handmade pastries at Bam Bam Bakehouse you have a myriad of choices when it comes to casual and fine dining.
Location Location*:
– Famous Mermaid Beach 600m*
– Tavern 160m*
– Restaurants 160m*
– Public transport 180m*
– Medical Centre 500m*
– Light rail 1.5km*
– Pacific Fair 1km*
– Casino 1.5km*
– Broadbeach 1.8km*
Within a short walk to the acclaimed Mermaid Beach, a proven year on year holidaying hot bed, there is also an eclectic blend of dining options from modern Australian, traditional Greek to plenty of Asian culinary experiences.
Home to the acclaimed ‘millionaire’s row’ and Hedges Avenue, Mermaid Beach is the place to be!
*Approximations only
**Provided by the current vendor
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Property ID: 1073082
Contact Agents
Pat Reynolds
DIRECTOR/PRINCIPAL, L.R.E.A, AUCTIONEER, JP(QUAL)
Office: 07 5580 6655
Mobile: 0407 641 012
Professionals Freedom Realty
14/90 Days Road, Upper Coomera QLD 4209 | Phone 07 5580 6655