OFF MARKET

Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 96m2
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Property Details for 506/43 Peerless Ave, Mermaid Beach

506/43 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 96m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2021
Floor Size
85m2
Land Size
96m2
Local Government
Gold Coast City
Lot/Plan
506/SP308399

Last Listing description (October 2023)

Comfortably situated on the 5th floor of the tightly held & highly sought after luxurious 'Bela' apartment building. Immerse yourself in not only the lifestyle this property has to offer but take advantage of the Southern aspect of the building with views to Burleigh Heads & beyond - never to be built out! Under the current town plan the southern side of Peerless Avenue is limited to 3.5 stories where as the Northern side is an unlimited height limit STCA*. Take advantage of this near new opportunity without impeding construction.

Offering sweeping views of the Pacific Ocean, the Gold Coast Hinterland & the City skyline both day & night. Showcasing a huge flow through living and dining area with floor to ceiling windows offering uninterrupted views, through to the well appointed kitchen with top of the range appliances, as well as an integrated fridge & dishwasher all brought together with an oversized island bench, all leading out to the outdoor alfresco entertaining balcony. Ready to move in and enjoy the beachside lifestyle; or alternatively, the investment potential is truly endless.

Boasting 2 large bedrooms including a master suite with a walk-through dressing room/robe and large ensuite + direct balcony access and coastal views. Additional bedroom complete with a built in robe. Main bathroom offers plenty of bench space and storage, as well as separate laundry + single garage space with private secure storage unit.

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.

'Bela' offers residents exclusive access to the pool, spa, fully equipped gym, two saunas & steam rooms with female only amenities, recreational areas, as well as a top floor residents level/lounge with cinema room, kitchen, wine bar, formal/casual lounge, private dining areas, boardroom & meeting room facilities and your choice of two North & South entertaining outdoor terraces, both with panoramic views across the Gold Coast. This truly does offer you a lifestyle like no other.

Do not miss this golden opportunity as this stunning property in the perfect location will not last! Opportunities like this do not arise often. All offers presented in writing will be considered. Inspect Today!

- All written offers will be submitted for consideration
- Beachside Mermaid Beach residence boasting an eclectic style
- Award winning building by renowned developer 'Mosaic'
- Secure lock up garage space with additional secure storage cage
- Gourmet kitchen with gas stove, steam oven/microwave & integrated style fridge
- Located within walking distance to Pacific Fair, Star Casino & Light Rail
- Master suite with spacious walk through robe & designer ensuite
- Pet-friendly building, secure lift & building access throughout + video intercom'- Smart home system with ducted aircon throughout
- Extremely well kept & maintained building with onsite building services
- Rarely available & tightly held building in blue chip location
Secure building located 200 metres to the beach
Resident only amenities include concierge service, outdoor pool, spa, steam & sauna rooms, gym, yoga room + dedicated meeting rooms
- An abundance of natural light & breeze flooding the property daily
Ready for new owners - live in, rent out or hold for future potential

Disclaimer: 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 506/43 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$960,000
07 Sep 2023
  • 07 Sep 2023
    Sold for $960,000
  • 10 Jul 2023
    Listed for Sale $990,000
  • 31 May 2019
    Sold for $575,000

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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 5,624 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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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.