Situated on one of Mermaid's premier streets, this is an excellent opportunity to secure one of the very few remaining 405m2 blocks to build your dream home. This original beach cottage boasts excellent scope for renovation or duplex development, with council approval already in place for two luxury Villa's. Positioned to take advantage of all Mermaid Beach has to offer, within a short stroll to patrolled beaches and Mermaid Beach's café and restaurant hub, offering the occupants an amazing beachside lifestyle. Features: - Exceptional development opportunity - North east facing rear yard - 405sqm parcel of land - Excellent potential to personalise and/or expand the current dwelling - Perfect beachside cottage or investment property to land bank - Ideal position to knock down and build your dream home - DA approved for two luxury Villa's - Leave your car at home and enjoy living within walking distance to the beach, cafes and a range of restaurants nearby Permanent Rent Appraisal: Approx. $1,100 per week Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. 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.