2/2309 Gold Coast Highway MERMAID BEACH, QLD 4218

This loft style studio apartment is screaming for someone to come in, roll up their sleeves and add some equity.

With a great location - just a stroll away from surf beach, cafes and restaurants - this fixer upper has great potential for a single person, or young couple, wanting the benefits of the Gold Coast's famous beach lifestyle.

And for the astute buyer, future development of the block will pay off with a nice lump sum payment tax free for an owner occupier!

Minimal body corporate of approx $30 per week including electricity - allocated at 200Kw per month.

Current rental return of $270 per week as is, this could be increased with a little cosmetic work.

Master bedroom sits upstairs and has its own balcony overlooking the pool, while the compact living area has its own patio.

Features include:

• 1 bedroom upstairs with balcony overlooking pool
• 1 bathroom
• 1 off street car space
• Kitchen high ceiling offers lots of natural light
• Patio off living area
• Fully furnished- salvage what's use able, donate the rest.
• Stroll to the glorious surf beach
• Cafes and restaurants in walking distance
• Body corporate of approx. $30 per week - including 200Kw electricity per month

Properties like this are rare don't miss your opportunity to put some equity dollars in your pocket.

Call now for an inspection.