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5 La France Court, Mermaid Waters QLD 4218
$1,500,000
  • 6
  • 3
  • 2

Astute Builders & Investors Take Note Position, Potential, Profit

Here is a very rare real estate opportunity seldom available in Mermaid Waters with real short-term profit potential.

5 La France Ct is 881m2 DA approved residential site ready for 2 x 440m2 lots with approval to build two luxury high end large villas! Live in one, sell the other - rent one, keep one - sell both, keep both - either way you can benefit financially.

This quite little cul-du-sac address gives you the option to invest with confidence.

5 La France Ct is set back under 1,000m from the golden sands of Mermaid Beach and the Pacific Ocean this property has the option and versatility to develop the existing DA and turn over a real profit with this DA. (Please see approved DA rendered artistic impressions - call for further information and full DA)

The existing large family home on 5 La France Ct has open spacious living areas set on spectacular E/NE aspect to big wide water. The 5 or 6 bedrooms home consists of 3 bathrooms, 2 living areas, spacious kitchen overlooking the sparking salt chlorinated pool with alfresco dining all set in quiet cul-da-sac, this is the perfect location.

A separate spacious undercover entertaining area opens off the main living areas overlooking spectacular wide water for those quiet twilight meals with friends and family. This is a great family home with great lifestyle opportunity with the pot of gold at the end of the rainbow.

Features:
- 5/6 bedrooms
- 3 bathrooms
- 24m2 of E/NE water frontage
- 2 x living area
- 2 x out door alfresco entertaining
- Kitchen looking over pool
- 881m2 of prime E/NE waterfront
- Opportunity to purchase adjoining point position block of 1,399m2 with (ROL) approved
to create 2 x separate titles to develop on
- Returning $115,000 p.a. holiday let
- DA approved for 1 x 4 bedroom 3-bathroom top end luxury Villa and 1 x 5-bedroom 3-bathroom top end luxury Villa
- Quiet cul-da-sac position
- CURRENT INCOME AIR B N B - $115,000 p.a.

La France Ct is close to all amenities and 5 minutes to major shopping centres, beach, Casino, Entertainment Centre, transport and schools. Under 1km to beaches, easy access to Seaway.

You can secure 5 La France Ct for $1,500,000

Please call Simon 0413 198 357 or Tania 0411 135 931

Potential buyers should make their own inspections and enquiries and seek their own independent advice before signing a contract of sale, to satisfy themselves that the property meets their requirements.

Property Features

  • Built-In Wardrobes
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Garden
  • Air Conditioning