Jared Johnson & Andrew Henderson from Coastal Commercial have the exclusive privilege to offer to the market 2389-2391 Gold Coast Highway, Mermaid Beach. This 824m2 blue-chip site is improved with a Mixed-Use building that has historically enjoyed popular tenants and is strategically positioned within footsteps to excellent transport links, Pacific Fair Shopping Centre, Broadbeach Business District, and the surf & sand of the Mermaid Beach Beachfront. Watch the video for a virtual tour.
This phenomenal property is set to further benefit from Major infrastructure upgrades including the G-Link (Light Rail) & surrounding development including 'The Alfred' a $185 million dollar lifestyle and dining development planned for the current 'Mermaid Beach Village' site, a seven-storey, mixed-use development with an 80-apartment residential tower and a spacious retail and dining hub.
The sellers are highly motivated and will consider all cash unconditional offers before the auction. If not sold beforehand, the property will be sold via public auction at 11:00 am on Wednesday, 16th July at the Coastal Commercial office, Level 1, 16 Queensland Avenue, Broadbeach.
This extraordinary offering can be summarised by the following key attributes:
• Irreplaceable freehold blue-chip asset
• 824m2 functional block
• 20m of Gold Coast Highway street frontage
• Favourable Zoning 'Neighbourhood Centre' allows up to 8 storeys (24 metres)
• Strategically positioned for potential future density increases supporting the Light Rail project and regional growth
• Strong rental income potential with significant upside
• Walking distance to Pacific Fair, G-Link (Light Rail), Broadbeach Cafe, restaurant & Business District & the Mermaid Beachfront
• Low maintenance site
• Excellent transport links with GCLR (Gold Coast City rail) system Stage 3 is under construction from Broadbeach South to Burleigh Heads. Mermaid Beach locals will have immediate access to Broadbeach & Queensland's Most Popular Dining & Entertainment Precinct, Burleigh Heads.
• Premium apartment sales results being achieved in the local area
• Strong demand for beachside living from a wealthy demographic
• Signage opportunity to the Gold Coast Highway
Mixed Use Building:
• 185m2 Retail / Commercial space over two levels
• 200m2 outdoor dining / beer garden
• 400m2 yard space with small lockup shed
• Commercial kitchen area on ground floor
• Reception / Retail space with floor to ceiling glass window frontage to Gold Coast Highway
• Grease trap
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.
