No.1 Place In Australia To Find The Perfect Property

30 Vatakoula Parade, Mermaid Waters

Property Type: House
6 Beds 2 Baths 4 car spaces Approx 632 Square metres Approx 280 Square metres

Gold Mine Mermaid Waters 5min Walk To Mermaid Beach DA Approved to subdivide & Ready To Build DA JUST EXTENDED FOR 12Months

Today the property is rented to TWO Tenants 2x $600 Per Week Rentals and is returning $1,200 Per Week (2x$600 Per Week) offering a HUGE rental yield over 8% per annum.
Buy now and reap the rewards and build later? Upto you.
DA Council Approved to build 2x Two Story Homes / land subdivision into 2.

632m2 of DA APPROVED prime Mermaid Waters real estate is the one you have been waiting for – Renovate or Detonate!

Development Approval for Two HUGE two level plus roof top HOMES!!!!

632M2 DA Approved for 2 x Four bedroom homes.
COMES WITH DA Development Application\ Approved & Current.
8.1% ROI / Current Rental Returns (Last 4 years).
MCU DA Council Approval in place, please call our team for full details
1KM to the Golden Sands of Mermaid Beach
450mtrs to Pacific Fair
Currently returning $1,200 per week

Gold Coast City Council Website DA approval CURRENT!!!

Inspect TODAY 1300 617 277
Expression of Intrest / Reserve Link Below:

Outdoor Features

  • Courtyard
  • Fully Fenced
  • Outdoor Entertainment Area
  • Remote Garage
  • Secure Parking
  • Shed

Indoor Features

  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Floorboards
  • Rumpus Room
  • Study
  • Workshop


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