SOLD
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Sold on 01 Jan 2024 for $790,000

6/14 Peerless Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 6/14 Peerless Ave, Mermaid Beach

6/14 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
6/BUP9616

Last Listing description (January 2024)

Method of Sale: Private Treaty
Days on Market: 21
Open Homes: 1

OFI Attendees: 11
Written Offers Received: 2
Online Enquiries: 10

The beach beckons from this low maintenance apartment presenting in neat and tidy, original condition on Mermaid Beach's doorstep. An absolute blank canvas for the lucky new owner to personalise and make their own or seize a savvy investment opportunity to simply land bank and hold for the future.

Situated beachside of the Gold Coast Highway on prestigious Peerless Avenue footsteps to the sand and surf.

Our investors have called time on this beachside beauty, coming to market for the first time since 2001 presenting a fortunate new owner the chance to enjoy the position and lifestyle on offer.

Set on the second floor of a boutique older style block of only 7 apartments, this light, bright and beachy apartment offers an ideal relaxed, carefree lifestyle in a world class location.

Your new daily routine will include a morning surf or leisurely strolls on the beach or along Hedges Avenue and dining at the endless array of nearby restaurants, cafes and bars. Also offering close proximity to the world class shopping at Pacific Fair, the cosmopolitan heart of Broadbeach, the excitement of Star Casino and the convenience of the Light Rail Station all just an easy walk from home.

Property Features:
• 1 of 7 apartments on a generous 809m2 block, 120m to the beach
• 2 bedrooms with built-in wardrobes
• 1 bathroom with separate toilet
• Tiled floors throughout
• Sunny north-east facing outdoor patio
• Large open plan kitchen flowing out to the living and dining area
• Larger secure car space in basement (suitable for 2 average sized cars)
• Highly desirable location just a short stroll to Broadbeach precinct
• Patrolled beach at the end of the street
• Easy walk to the light rail, transport routes and an array of restaurants and cafes

Property Specifics:
• Council Rates: $1,719.45* half yearly
• Water Rates: $378.03* per quarter
• Body Corporate: $78.28* per week
• Currently Rented: $500 per week until 07/08/2024
• Rental Appraisal: $700 - $750* per week

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. Photos have been used from the rental advertisement and are pre tenancy.

Property History for 6/14 Peerless Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$790,000
01 Jan 2024
Listed for Rent
$440/w
13 Aug 2019
  • 09 Dec 2023
    Sold for $790,000
  • 06 Dec 2023
    Listed for Sale $750,000
  • 10 Jul 2019
    Listed for Rent - Price not available
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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.