2425-2429 Gold Coast Highway, Mermaid Beach

Mermaid Beach Motels - Prime Corner Boutique Development Site

Two adjoining Motels are on the beachside of the Gold Coast Highway, in exclusive Mermaid Beach. The properties can be bought separately or together as a potential redevelopment opportunity.

Mermaid Beach is home to some of the wealthiest house sales on the Gold Coast, consistently topping the $20,000,000 price point.

This corner location benefits from excellent transport links with Gold Coast City rail system Stage 3, from Broadbeach South to Burleigh Heads under construction.

The properties are approximately 300m walk to the beachfront.

- Total combined land area of 2,053sqm
- Corner Site with 51 metre frontage to Gold Coast Highway
- Medium Density Development Site
- 15m Height Limit Zoning (Possibility to increase height subject to Council
approval.
- Building 1 - Leased as an operating Motel with demo clause (3 months' notice)
- Building 2 - Leased as 6 apartments
- Located 150m to the renowned Hedges Avenue and the GC Beaches.
- 2x Onsite Swimming Pool
- Freehold investment with low outgoings

Call Jamie Bourke 0417 077 277
Email: jbourke@bourkeqld.com.au

Bourke Commercial has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Limited Interest Pty Ltd ATF FNC Trust t/a Bourke Commercial toward the recipient with regard to the use of this information and all information given is given without responsibility.