1&2/32 Cronulla Avenue, Mermaid BeachQLD 4218

This exceptional property presents a smart duplex pair, offering dual income for the savvy investor, a holiday retreat with passive returns, or the ideal dual-living beachside home. Set on a rare 407m² square block with an exceptionally wide 20* metre street frontage, this site stands out in one of Mermaid Beach's most tightly held coastal pockets. Just 260 metres (approximately) to the sand, it sits moments from the vibrant Broadbeach dining and entertainment precinct. Zoned Medium Density Residential (RD5), the property allows for building heights of up to 15 metres across three levels - delivering outstanding redevelopment and capital growth potential. Property Features: • Unit 1: 2 bedrooms, 1 bathroom, 2 car spaces, approx. 84m² internal • Unit 2: 2 bedrooms, 1 bathroom, 2 car spaces, approx. 100m² internal • Two separate titles (duplex pair) • Rare 407m² square-shaped allotment with approx. 20m* wide street frontage • Zoned Medium Density Residential (RD5) - up to 15m / 3 levels building height • Only 260m (approx.) to the beach and metres from exclusive Hedges Avenue • Walking distance to cafes, restaurants, Pacific Fair, The Star & public transport • Premium redevelopment and investment opportunity in a blue-chip coastal location Positioned in one of Mermaid Beach's most sought-after enclaves, the lifestyle is as compelling as the investment. Enjoy a short stroll to pristine beaches, parklands, cafés, restaurants, Pacific Fair and more, all while becoming part of a warm and welcoming coastal community. This connection and lifestyle add immense value to a site already loaded with future potential. Whether you choose to enjoy the existing dual-living layout, renovate to add value, unlock the site's redevelopment upside, or simply land bank for long-term capital growth, opportunities of this calibre are rare. Don't delay - contact Brodie Foster on 0478 671 770 or Faith Liu on 0418 888 285 today. 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.