25 Heron Avenue, Mermaid Beach, QLD 4218

This prime block of apartments, sitting on a 558m2 site just metres from sand and surf in Mermaid Beach presents a rare buying opportunity in one of the Gold Coast's most salubrious suburbs.

Occupied by a block of four, single-storey units, the blue-chip address offers residents a highly desirable walk-about-town lifestyle, where patrolled beaches, cafes and a range of dining options lie moments from the doorstep.

Each of the existing units are currently tenanted, providing a new owner the option to land bank with a holding income until they are ready to capitalise on the site's full potential.

DA approval is already in place for a boutique multi-level development conceived by leading Gold Coast architect Shane Denman, who is credited with designing some of the most beautiful and bespoke properties in the city's beachside suburbs.

The contemporary design proposes two four-bedroom apartments spanning 278m2*, with a third apartment offering a luxurious 527m2* five-bedroom floor plan spread across the two top levels, and boasting a private pool, kitchen and entertaining space on the rooftop.

Also included in the plans are a communal pool immersed in lush, landscaped gardens, and a nine-car basement for resident and visitor parking. Some of the apartments will also benefit from picturesque ocean views.

This high-growth locale delivers front-row access to the lifestyle precincts of Mermaid Beach, Nobby Beach, and Broadbeach, which together have an abundance of popular shopping, dining and nightlife options.

The Highlights:

- Development opportuntiy in premier beachfront suburb

- 558m2 site in prime position, one block back from the beach and in proximity lifestyle precincts of Mermaid Beach, Nobby Beach and Broadbeach

- DA approved plans for a boutique, four-level building designed by Shane Denman Architects

- Prominent local architect responsible for beautiful, bespoke buildings within the Gold Coast's beachside suburbs

- Plans include a total of two 278m2* apartments comprising four bedrooms, plus one five-bedroom apartment across two levels, including a rooftop with private pool, kitchen and entertaining space; some apartments have ocean views; nine-car basement and communal pool

- Potential to earn a holding income

- Block currently houses a single-level block comprising four tenanted units, each with a car space

Mermaid Beach is a principal coastal suburb favoured for its relaxed walk-about-town lifestyle. Patrolled beaches are just a 120m stroll away, while in less than a kilometre to the south you can reach a range of popular cafes and restaurants, including BSKT cafe and The Holliday Coffee Shop. Joining an already vast array of dining options in the Nobby Beach precinct is The Oxley, a 4,000 sqm new lifestyle quarter featuring a carefully curated collection of boutique shops, delis and fine-dining restaurants. In the opposite direction, a short walk will land you in the heart of Mermaid Beach, where further dining options are available such as Little Truffle and the recently extended Glenelg Public House. Broadbeach's lifestyle precinct, which offers renowned attractions, including The Star and Pacific Fair Shopping Centre, is a 3km drive north along the Gold Coast Highway, or a few minutes by tram once stage three of the Gold Coast Light Rail is completed.

Secure a blue-chip beachside development opportunity with holding income ? contact Tony V 0418 202 858 or Michael Kollosche 04111 888 15.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.