4/109 Albatross Avenue

Mermaid Beach QLD 4218

Case Study:Method of Sale: AuctionDays on Market: 25Open Homes: 7OFI Attendees: 22Online Enquiries: 22Views Online: 2,495This three-bedroom, absolute beachfront apartment is your gateway to an unparalleled lifestyle, convenience and endless seaside adventures which has been tightly held by the current owners for the past 27 years.Perfectly positioned on one of the Gold Coast's most prestigious streets and situated in an extremely exclusive block of only four units on a 865m2 block, this top floor apartment offers sensational uninterrupted ocean and beach views. An absolute blank canvas for the lucky new buyer to add value and make their own or simply landbank and hold as a great growth asset ripe for beachfront redevelopment.Flooded with and abundance of natural light and capturing direct ocean breezes, open plan kitchen, living and dining areas flow seamlessly to your private and elevated east-facing balcony offering fantastic indoor / outdoor flow. Oversized main bedroom with two additional great sized bedrooms all with built in robes and serviced by a large family bathroom and an additional separate toilet.One secure carpark with storage and located in a lifestyle location to love with the popular Nobby's Precinct, The Oxley Dining Precinct, BSKT Cafe, Nobby's Surf Life Saving Club, public transport, schools, parks and world class beaches all only footsteps from your front door. Take advantage of this rare opportunity to secure a prime piece of absolute beachfront real estate positioned in the highly sought-after Mermaid Beach enclave.Property Features: 3-bedroom, 1-bathroom beachfront apartment Boutique block of only 4 units on a 865sqm beachside block with 13.3m street frontage Top floor position boasting sensational ocean and beach views Open plan kitchen, living and dining areas** East facing private balcony Light-filled kitchen with an abundance of storage Oversized main bedroom with built in robe Two additional bedrooms both of a great size and built in robes Large family bathroom with and additional separate toilet Single secure garage with additional storage Walking distance to all that this lifestyle location has to offer Property Specifics: Council Rates: $7,116.20* per half year (investment rate) Water Rates: $308* per quarter Rental Appraisal: Estimated rental income of $1,100-$1,200* per week (currently leased for $1,100 per week until 20th Nov 2025) Body Corporate: $140* per week *Approx.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. 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.