FOR SALE
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48 Venice Street
Mermaid Beach QLD 4218

Bedrooms: 7
Bathrooms: 3
Car spaces: 12
Land area: 1642m2
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MERMAID BEACHSIDE DEVELOPMENT OPPORTUNITY - 1,642SQM

First time offered on the market in over 60 years, this Iconic Mermaid Beachside precinct is ready for new owners to create their mark on one of the Gold Coast's most prestigious areas. An exciting opportunity to acquire 2 sites side-by-side 48 Venice Street & 2453 Gold Coast Hwy totalling a massive 1,642sqm making this desirable for the astute Investor or Developer.
Featuring:
Combined 1,642sqm* development site with 2 street frontages totaling 78m*
North Facing Corner Block sitting adjacent to the Mermaid Beach Community Centre and backing onto St Johns Park creating great space separation to nearby buildings
300m to the beach
Currently improved by 5 Commercial tenancies and 1 Residential tenancy generating a holding income of over $290,000* per annum
Favourable underlying Mixed-Use zoning supporting development to twenty-four (24) metres as code assessable
Enjoy unobstructed, protected views of the Mermaid Beach coastline from 3 storeys and above
Centrally positioned among essential lifestyle amenities including Pacific Fair Shopping Centre, Star Casino & Hotel, Hedges Avenue and future light rail stations (Broadbeach South and Mermaid Beach)
Set in an area poised for significant population growth, it stands out as Australia's leading destination for international tourists
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Property Details for 48 Venice St, Mermaid Beach

48 Venice St, Mermaid Beach is a 7 bedroom, 3 bathroom House with 12 parking spaces. The property has a land size of 1642m2. The place is currently for sale with Realty Blue - BURLEIGH HEADS.

Building Type
House
Land Size
1642m2

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Chris Laws
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Realty Blue - BURLEIGH HEADS
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