FOR SALE
$4,975,000

25 Heron Avenue
Mermaid Beach QLD 4218

Bedrooms: 5
Bathrooms: 4
Car spaces: -
Land area: 558m2
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Beachside Development Opportunity with DA Approval

This prime block of apartments, sitting on a 558m2 site just metres from sand and surf in Mermaid Beach presents a rare buying opportunity in one of the Gold Coast's most salubrious suburbs.
Occupied by a block of four, single-storey units, the blue-chip address offers residents a highly desirable walk-about-town lifestyle, where patrolled beaches, cafes and a range of dining options lie moments from the doorstep.
Each of the existing units are currently tenanted, providing a new owner the option to land bank with a holding income until they are ready to capitalise on the site's full potential.
DA approval is already in place for a boutique multi-level development conceived by leading Gold Coast architect Shane Denman, who is credited with designing some of the most beautiful and bespoke properties in the city's beachside suburbs.
The contemporary design proposes two four-bedroom apartments spanning 278m2*, with a third apartment offering a luxurious 527m2* five-bedroom floor plan spread across the two top levels, and boasting a private pool, kitchen and entertaining space on the rooftop.
Also included in the plans are a communal pool immersed in lush, landscaped gardens, and a nine-car basement for resident and visitor parking. Some of the apartments will also benefit from picturesque ocean views.
This high-growth locale delivers front-row access to the lifestyle precincts of Mermaid Beach, Nobby Beach, and Broadbeach, which together have an abundance of popular shopping, dining and nightlife options.
The Highlights:
- Development opportuntiy in premier beachfront suburb
- 558m2 site in prime position, one block back from the beach and in proximity lifestyle precincts of Mermaid Beach, Nobby Beach and Broadbeach
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Property Details for 25 Heron Ave, Mermaid Beach

25 Heron Ave, Mermaid Beach is a 5 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 558m2. The place is currently for sale with Kollosche.

Building Type
BlockOfUnits
Land Size
558m2

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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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Michael Kollosche
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