In one of Marcoola’s most sought-after premium pockets, just 200m from the pristine ocean and sands of Marcoola Beach is this seaside gem. This one of a kind property is a rare opportunity for buyers looking to secure both a home and a smart investment, allowing for both residential and commercial use. Perfectly appointed on a North Facing corner block, this four-storey delight overlooks the lush Glen Retreat Park and is just steps to Marcoola’s nearby cafes and restaurants. The light-filled residential residence is smartly situated on the three upper levels. The first two levels encompass three generous bedrooms, two freshly renovated bathrooms, a separate renovated laundry, an office/second living space and a superbly renovated kitchen in the heart of the home which connects to the open-plan living, dining and spacious north-facing balcony. With air-conditioning, ceiling fans, and new flooring, no expense has been spared in this luxurious renovation. The top level of the property is an exclusive and private rooftop retreat, with grand views of the surrounding hinterland. This is the perfect space to entertain friends, watch the sunsets and relax in the heated jacuzzi. The ground floor stands out as a prime investment or commercial feature, having previously operated as a hair salon and currently serving as a second dwelling, guaranteeing a steady passive income. Complete with a two-car garage accessible from both residential and commercial spaces, it offers a front reception/living area with street access, an office/bedroom, kitchen, additional office space, bathroom, and laundry facilities. This unique space is ideal for accommodating a range of businesses or tenants. Such a premium and conveniently situated beachside property, 2 Merchants Parade will appeal to a wide range of buyers - families looking for a beachside escape with dual living potential, investors wanting multiple income streams, business owners looking for a space to work, live and enjoy, the options are endless. Summary of Features - Five-bedroom, three-bathroom, Multi-use beach side investment - Elegantly renovated kitchen, bathrooms, and laundry - Double car garage (currently used as an additional office, work, and retail space) - Airconditioning, comprehensive security system, crim-safe doors - Stylish stone kitchen bench tops with high quality Bosh Appliances - New quality flooring throughout and plantation shutters - No body corporate fees - Private upstairs rooftop with luxurious jacuzzi with grand views of the surrounding hinterland - Multiple access points for residential and commercial space - 200m to the pristine beaches of Marcoola Beach - Optimal location, with restaurants, transport, parks, bike paths and boardwalks all within walking distance