1/32 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.
Ground floor and footsteps to the beach - this two-bedroom apartment at 1/32 Peerless Avenue, Mermaid Beach is on the market for the first time since 1988 and offers ease of living with no stairs, internal access to an oversized garage. Set in a boutique building of only 7 units on a generous 809m² block, it's an outstanding opportunity to secure a blue-chip investment with excellent growth prospects and future development potential in one of the Coast's most desirable beachside pockets.
Enjoy a sunny north-east facing balcony, the perfect spot to soak in the morning sun and coastal breezes. The open-plan tiled living and dining area is filled with natural light, while the updated kitchen with dishwasher offers both style and functionality. Both bedrooms feature built-in robes and are serviced by a bathroom combined with laundry plus a separate toilet for added convenience.
A major highlight is the oversized single lock-up garage with internal access - The only unit in the building with this feature-offering space for vehicles and additional storage. Footsteps to the beach, local cafes, dining precincts, and the G-Link light rail, this apartment delivers lifestyle, convenience, and investment potential in one of Mermaid Beach's most sought-after pockets.
Features:
- Ground floor position - no stairs
- Large 91m² floorplan
- Two bedrooms with built-in robes
- 1 bathroom combined with laundry + separate toilet
- Oversized single lock-up garage with internal access - only one in the building
- Updated kitchen with dishwasher
- Open-plan tiled living and dining
- Sunny north-east facing balcony
- Air-conditioning and Security screens
- Boutique building of 7 units on 809m² block
- Long-term tenancy in place
- Excellent future redevelopment potential
- Footsteps to the beach, cafes, and local amenities
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.
The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2.0% of total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.
Mermaid Beach has 5,840 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 96.36% increase in median value, while Units have seen a 111.28% increase. As at 31 December 2025:
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