Gold Coast beachside unit block fetches more than $2m at auction

first_img109 Seagull Ave, Mermaid Beach.Mr Howarth said the 558sq m property was considered large for Mermaid Beach with a 32m frontage to Heron Ave and 17m frontage to Seagull Ave.It now has four strata-titled units.“Subject to council approval, you could design four, three-storey villas on the site…,” he said.The property is in a prime position, 150m from the beach and close to the popular Nobby Beach dining precinct. More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago109 Seagull Ave, Mermaid Beach.“More than 80 people came to watch the auction, which was conducted by Mark MacCabe from Apollo Auctions, and there was plenty of spirited bidding before it became a battle between two parties,” he said.“The winning bidder was a long-time Gold Coast resident, who owns several properties in the region.“The purchaser intends to initially land bank while they complete a feasibility study to determine the best development option for the property.” 109 Seagull Ave, Mermaid Beach.A MERMAID Beach unit block attracted buyers from as far as New Zealand and Japan when it went under the hammer on the weekend.But a local buyer made the winning bid, snapping up the four beachside units at 109 Seagull Ave for $2.105 million.Marketing agent Peter Howarth, of John Henderson Professionals Mermaid Beach, said there were 18 registered bidders on the day with two phoning from overseas.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *