Build your dream beachside home in the prestigious Mermaid Beach! Knock down and Redevelop... There are currently 2 units on the block, both with 2 bedrooms, 1 bathroom and each with a lock up garage. They are currently renting for a combined $670 per week but a renovation would significantly enhance your rental returns. The true opportunity in this location is to redevelop the block and add significant value to your purchase. Not many Gold Coast Suburbs boast the laidback beachside vibe of Mermaid Beach. With a village atmosphere you can catch the friendly locals on their morning walks along the beach or Hedges Avenue and chat about the day ahead whilst waiting for your morning coffee. The suburb has a mix of beach shacks, unit living and mutli-million dollar homes and caters to all tastes and budgets. If location is the key to unlocking real estate value then this site reigns supreme. Beachside land in this location has always been highly sought after with the prestigious Hedges Avenue and Albatross Avenue running through the suburb. You can build your dream beachside home or re-develop the block and reap the financial rewards. With only a 2 minute walk to the beach, live the lifestyle you deserve and make that sea change happen! Property Features include: • 2 minute stroll to the beach • 405sqm block • North facing backyard • Currently has 2 x 2 bedroom units on the block • Short stroll to the popular Nobby Beach café precinct • Close to local shops and transport • Currently renting for a combined $670per week This property must be sold at auction and we have just 16 days to find the new owner. Is this you?