OFF MARKET

305/51 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 65m2
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Last updated 11 Nov 2024
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Property Details for 305/51 Peerless Ave, Mermaid Beach

305/51 Peerless Ave, Mermaid Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 65m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2018
Floor Size
70m2
Land Size
65m2
Local Government
Gold Coast City
Lot/Plan
305/SP294081

Last Listing description (April 2024)

Immerse yourself in the enviable lifestyle on offer with this modern and contemporary finished apartment with the best of luxury beachside and inner city living!

With world class shopping, public transport, an endless array of trendy cafes, bars and restaurants at your doorstep and the iconic beaches of the Gold Coast right at the end of your street, this has to be the most convenient location on the Gold Coast!

Positioned in the boutique 'Neo' building, this fantastic fully furnished apartment is guaranteed to appeal to those looking to enjoy an easy low maintenance lifestyle within walking distance to everything, the perfect beachside location.

Features include:
- Contemporary, 3rd floor apartment
- Well sized air conditioned bedroom and bathroom
- Spacious, bright and airy open plan design
- Air-conditioned living space with stylish Herringbone flooring
- Modern kitchen with stone benchtops and stainless steel appliances
- Spacious balcony with views of the Gold Coast hinterland and city scape
- Sought after address adjoining 'Millionaire's Row' Hedges Avenue and with the beach at the end of the street
- Secure car space in basement
- Basement Storage cage
- 'Neo' Boutique building with roof top and BBQ entertaining area
- Sought after location, right on the border of Mermaid Beach and Broadbeach
- Situated close to Pacific Fair Shopping Centre and the convenience of the Light Rail Station
- Easy stroll to Star Casino and the heart of Broadbeach

Rent: $575.00 per week
Bond: $2,300.00 (4 weeks bond)
Term: 6 or 12 months
Available: 2/05/2024

Fully Furnished -
Includes
Queen bed and two side tables
Dining table + four chairs
Corner lounge
Coffee table and tv cabinet
Washing machine and Dryer
Microwave, Refrigerator, dishwasher, oven and cooktop
Outdoor setting for two.
**Pictured furniture not currently present in property**

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Potential tenant/s should undertake their own inspections and enquiries and seek their own independent legal advice, so to satisfy themselves that all details relating to the property are correct.

Property History for 305/51 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$475,000
20 Sep 2021
Listed for Rent
$575/w
10 Apr 2024
  • 28 Mar 2024
    Listed for Rent $575 / week
  • 13 Jul 2023
    Listed for Rent $575 / week
  • 20 Sep 2021
    Sold for $475,000
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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 5,600 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 40 properties listed for sale, and 34 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 272 properties were sold in the past 12 months in Mermaid beach.

Suburb Insights for Mermaid Beach 4218

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.