THE PROPERTY DEVELOPMENT REVIEW
*Indicative Only
Potential View from Level 12
L1, 2, 4, 7, 8 & 9/2 Alexandra Avenue, Mermaid Beach
Scan for Listing
CONTACT AGENT
O ering 6 of 9 Units in Mermaid Beach's Best Development Site
Adam and Tony Grbcic in conjunction with Troy Dowker from Kollosche are excited to offer this unique opportunity to acquire 6 of the 9 units within the Kundu Lodge Building, situated at 2 Alexandra Avenue, Mermaid Beach. The opportunity to purchase units 1, 2, 4, 7, 8 and 9 at 2 Alexandra Avenue, Mermaid Beach via an expression of interest campaign. Situated on the corner of Alexandra Avenue and Hedges Avenue, the Kundu Lodge is perfectly located with a north
easterly aspect which provides uninterrupted and never to be built out views over Mermaid Beach. Situated within a small body corporate on a rare 761m 2 * land holding, the site could have great development potential in the heart of Mermaid Beach. Invest with holding income or land bank with a view to negotiating a full amalgamation with the balance 3 owners within a high growth blue ribbon suburb.
Tony Grbcic 0407 968 667 tony@kollosche.com.au Adam Grbcic 0404 087 772 adam@kollosche.com.au For more information, or to obtain full due diligence
The future development (assuming the balance 3 lots are acquired) would benefit from a site comprising: - A corner site with a total land area: 761m 2 * - Zone: High Density Residential - Height: Unlimited Height - Density: RD8 (1 per 13m 2 ) A development study and concept have been completed which suggest (subject to purchase of the balance 3 lots) that the site could yield 27 Apartments over 15 Levels, which would offer; 3 x 2 bedroom apartments and 24 x 3 bedroom apartments. Concepts available upon request.
*approximate
kollosche.com.au
July / August 2022 – 65
Powered by FlippingBook