16 - 18 Ventura Road, Mermaid Beach, Qld 4218

Auction to be held at Kollosche HQ in Broadbeach on Friday 22 August at 11am

Capitalise on the lucrative scale, scope and potential of a rare 918m2 double block a mere 100m from the Mermaid Beach coastline. Bolstered by an oversized and unique 22.8m of street frontage and backing onto peaceful parklands for enhanced privacy, it represents an extraordinary property opportunity in a coveted coastal enclave. 

Zoned Medium Density Residential with the possibility of an 15m building height (STCA),  Maximise your future returns with a boutique eight-apartment development (STCA), reminiscent of Ayla, Perspective or The Finn, and in a location close to the iconic Hedges Avenue.  Alternatively, maximise the unmatched beachside appeal of this blue-chip parcel and build a bespoke four-level dream home with a rooftop. 

Currently, two individual, north-facing homes grace each site. Lot 1 measures 513m2 with 12.8m street frontage and hosts a modern two-storey, four-bedroom, four-bath residence. Lot 2 spans 405m2 with 10m street frontage and features a charming, low-set four-bed, two-bath dwelling. This provides the enticing flexibility for rental income generation while exploring your options or awaiting council approvals. 

The Highlights:  
- Rare 918m2 double block with 22.8m street frontage, approx. 100m from the beach 
- Lucrative development or new build opportunity (STCA) in a coveted Mermaid Beach enclave close to cafes, restaurants, Pacific Fair, Star Casino and iconic Hedges Ave 
- Backs onto parklands, enhancing peace and privacy 
- Zoned Medium Density Residential with 15m height and 50% uplift opportunity (STCA) that translates to 18.5m height 
- Can accommodate a boutique complex with eight apartments over four levels and a rooftop entertaining terrace on the fifth level
- Lot 1 measures 513m2 with 12.8m street frontage 
- Lot 2 is a 405m2 block with 10m street frontage 
- Two individual, north-facing houses currently reside on separate blocks; a stylish 4 bed, 4 bath two-level residence and a low-set four-bed, two-bath home  
- Opportunity to rent out existing dwellings and generate income while you explore your options 

An outstanding location, it's easy to see why this coastal precinct is so popular. Golden beaches beckon at the end of the street, providing a place for a morning stroll, swim or surf, or enjoy the nearby parks when you need some green space. A tempting array of cafes, restaurants and coffee shops also await within footsteps, where you can savour sweet treats at Bam Bam, traditional Japanese dining at Etsu, casual meals at Mermaid Beach Surf Lifesaving Club, and everything in between. Additionally, a wide public transport network is close, with Pacific Fair, Star Casino and all the delights of Broadbeach approx. 1.5km away. 

Whether your vision is to craft a high-end apartment complex or design a dream coastal sanctuary for your personal enjoyment, there is no better blank canvas than this rare beachside double block. Contact Eoghan Murphy on 0421 197 720 or Michael Kollosche on 04111 888 15 to invest wisely in your future. 

Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. 

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.