241 Hedges Avenue, Mermaid Beach QLD 4218

Absolute beachfront tri-level | 4 beds all ensuite | 405m² dune frontage | No overlays | Scope to modernise This property’s primary strength is its absolute beachfront position on a tightly-held, blue-chip stretch of Hedges Avenue, offering direct beach access and uninterrupted ocean views from multiple levels. The configuration of four bedrooms each with an ensuite and walk-in robe is a rare and competitively strong offering for a house of this scale, catering specifically to a buyer seeking a premium, low-maintenance coastal residence with immediate utility and inherent scarcity. The absence of development overlays simplifies the holding proposition. The narrow 10-metre frontage and the established Mediterranean design, while charming, present a specific risk: the capital outlay is overwhelmingly for land value and position, with the house itself offering scope for modernisation but not representing contemporary premium finishes. The opportunity lies in securing a irreplaceable beachfront parcel; the commercial logic is to hold for land value appreciation while using the property as-is or planning a future capital improvement. Acquire this as a long-term hold in a tightly held location, not for its existing improvements.