1/100 Hedges Avenue Mermaid Beach Qld 4218
Features listed on the website:
- A 3 bedroom plus study, light filled home
- Enjoy breathtaking views when you host family and friends on your rooftop entertaining area with BBQ
- Steps to the beach from your 'Millionaire's Row' home on Hedges Avenue
- Wake up to the sound of waves in your master bedroom with en suite and walk-in robe
- Multiple living areas give you and your family options for relaxing
- Annual rental income of $85,800 or peak holiday rental of $5,000 a week
- Includes $138,262 in furniture and electrical appliances
WHAT I LOVE
- great access to the beach
- high quality appliances
- there is a private lift for disabled access (not sure how this will cost to maintain and run)
- great view
WHAT I DON'T LOVE
- the property is over 4 levels with the kitchen on the third level.
- a bit compact for a million dollar home
- won't appreciate much, as predicted from past history.
As an investment property, it has some potential. Because you can claim the high cost of maintanence on tax. Maybe if you can get some rezoning, this would make the perfect high class B&B or spa/retreat in an exclusive hood.
Entries close in 3 days. Tickets start at $5.
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