OFF MARKET

4/31-33 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 306m2
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Property Details for 4/31-33 Peerless Ave, Mermaid Beach

4/31-33 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 306m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1995
Floor Size
124m2
Land Size
306m2
Local Government
Gold Coast City
Lot/Plan
4/BUP102821

Last Listing description (September 2023)

Don't miss out on the chance to secure a spacious two bedroom, two bathroom apartment in the heart of Mermaid Beach, located within the high density zoning (HX). This property is just a stone's throw away from the beach and only moments from the bustling hub of Broadbeach. The apartment boasts a contemporary kitchen and an air-conditioned, open plan living/dining area which seamlessly integrates with the large wrap-around balcony, perfect for entertaining guests year-round. This property is an excellent opportunity for both owner-occupiers and investors, as it is one of only six apartments set over 810m2 commanding a double allotment in the blue-chip high-density zoning section of Mermaid Beach.

The spacious master bedroom features a walk-in robe, ensuite and access to the balcony, while the second bedroom is also generously sized with built-in robes. There is a large main bathroom with a separate toilet and laundry facilities, as well as secure side-by-side basement parking. This is your chance to secure a centrally located investment property, holiday apartment, or beachside residence just footsteps away from the Gold Coast's most famous beaches. The property is within walking distance to Pacific Fair Shopping Centre, public transport/Broadbeach South tram station, restaurants/cafes, and just minutes away from the trendy entertainment precincts of Mermaid Beach, Nobby Beach, Miami & Broadbeach.

This apartment is perfect for downsizers or the astute investor looking for excellent returns, with the added advantage of being situated on an 810m2 double block allotment that is zoned high-density residential, offering unlimited future potential. The body corporate is low and the boutique block of only six is well-maintained. The owner is happy to consider offers in writing prior to the auction, so act now and arrange your inspection today!

Open plan kitchen, living/dining areas flowing out onto the oversized wrap-around balcony
Perfect for down sizers or the astute investor for excellent returns
810m2, Double block allotment, Zoned High Density Residential offering unlimited future potential
Low body corporate - well maintained boutique block of only 6
2 bedroom, 2 bathroom spacious apartment - footsteps to the beach
Enjoy the Mermaid Beach/Broadbeach lifestyle & entertaining precincts
Short stroll to local cafes & renowned restaurants including Etsu, Bonita Bonita, Glenelg Public House & Surf Club's
Positioned within walking distance to Pacific Fair Shopping Centre & local transport/tram station
Ready for new owners - live in, rent out or hold for future potential
Owner is happy to consider offers in writing prior to Auction
Golden opportunity - inspect today!

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements

Property History for 4/31-33 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,000,000
10 Jun 2023
  • 10 Jun 2023
    Sold for $1,000,000
  • 08 May 2023
    Listed for Sale Auction
  • 23 Mar 2004
    Sold for $420,000
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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 5,622 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 89.00% increase in median value, while Units have seen a 102.72% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Beach is $2,497,613 while the median value for Units is $961,144.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 39 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Mermaid beach.

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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.