26 Francis Street, Mermaid Beach, Qld 4218

Auction

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
405 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 26 Francis Street, Mermaid Beach, Qld 4218)

Auction

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Exceptional coastal investment opportunity to acquire a fully leased, development-ready block of three units in Mermaid Beach with outstanding location and future growth potential.

🏡 Property Highlights

  • Rare opportunity to acquire an entire block of three strata-titled units in Mermaid Beach
  • Excellent development potential with 14.5m street frontage and 15m height zoning
  • North-facing aspect offering optimal sunlight and coastal views
  • Prime location just moments from patrolled beaches and 'Millionaire's Row' on Hedges Avenue
  • All units currently leased, providing immediate rental income of $2,200 per week
  • Close proximity to vibrant cafes, restaurants, parks, and public transport including upcoming G:link extension

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Mermaid Beach is a highly sought-after coastal suburb renowned for its relaxed beachside lifestyle, exclusive 'Millionaire's Row', and vibrant local amenities. The area offers pristine beaches, a strong sense of community, and excellent access to cafes, restaurants, parks, and public transport. Its proximity to major shopping centres and entertainment precincts makes it ideal for both lifestyle and investment. The suburb continues to grow in popularity, driven by its premium location and high demand for coastal living.

What is the current rental income and lease expiry dates for the units?
The combined rental income is $2,200 per week, with leases expiring on 20/05/2027, 13/07/2026, and 28/10/2026.
What development potential does the property offer?
The property has a 15m height zoning and 14.5m street frontage, providing significant scope for redevelopment or landbanking in a highly desirable location.
Are there any existing planning restrictions or approvals needed?
The property is zoned for a 15m height, but prospective buyers should verify with local council regarding any specific planning restrictions or approvals required for redevelopment.
What amenities and lifestyle features are nearby?
The property is close to patrolled beaches, cafes, restaurants, parks, public transport, and major shopping centres like Pacific Fair, offering a vibrant coastal lifestyle.
Is the property suitable for future redevelopment or landbanking?
Yes, with its favourable zoning, wide frontage, and prime location, the site is ideal for redevelopment or landbanking for future growth.
Are there any upcoming council or development applications that could impact the property's value or use? What are the strata fees and are there any special levies or upcoming maintenance costs? Are there any easements, covenants, or zoning restrictions that could limit redevelopment plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any planned infrastructure projects or nearby construction that could cause noise or disruption?

26 Francis Street, Mermaid Beach, Qld 4218 - More Details

Auction

Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
405 m²

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