2/32 Cronulla AvenueMermaid Beach QLD 4218
Property Details for 2/32 Cronulla Ave, Mermaid Beach
2/32 Cronulla Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (April 2026)
Exceptional 20m Wide, Square Allotment with Dual Income - Prime Mermaid Beach Opportunity.
This exceptional property presents a smart duplex pair, offering dual income for the savvy investor, a holiday retreat with passive returns, or the ideal dual-living beachside home.
Set on a rare 407m square block with an exceptionally wide 20* metre street frontage, this site stands out in one of Mermaid Beach's most tightly held coastal pockets. Just 260 metres (approximately) to the sand, it sits moments from the vibrant Broadbeach dining and entertainment precinct. Zoned Medium Density Residential (RD5), the property allows for building heights of up to 15 metres across three levels - delivering outstanding redevelopment and capital growth potential.
Property Features:
Unit 1: 2 bedrooms, 1 bathroom, 2 car spaces, approx. 84m internal
Unit 2: 2 bedrooms, 1 bathroom, 2 car spaces, approx. 100m internal
Two separate titles (duplex pair)
Rare 407m square-shaped allotment with approx. 20m* wide street frontage
Zoned Medium Density Residential (RD5) - up to 15m / 3 levels building height
Only 260m (approx.) to the beach and metres from exclusive Hedges Avenue
Walking distance to cafes, restaurants, Pacific Fair, The Star & public transport
Premium redevelopment and investment opportunity in a blue-chip coastal location
Positioned in one of Mermaid Beach's most sought-after enclaves, the lifestyle is as compelling as the investment. Enjoy a short stroll to pristine beaches, parklands, cafs, restaurants, Pacific Fair and more, all while becoming part of a warm and welcoming coastal community. This connection and lifestyle add immense value to a site already loaded with future potential.
Whether you choose to enjoy the existing dual-living layout, renovate to add value, unlock the site's redevelopment upside, or simply land bank for long-term capital growth, opportunities of this calibre are rare.
Don't delay - contact Brodie Foster on 0478 671 770 or Faith Liu on 0418 888 285 today.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 2/32 Cronulla Ave, Mermaid Beach, QLD 4218
- 29 Apr 2026Listed for Sale Contact Agent
- 05 Dec 2025Listed for Rent $750 Per Week
- 15 Apr 2025Listed for Rent $750 Per Week
Recent sales nearby
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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 2.0% 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 5,862 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 67.79% increase in median value, while Units have seen a 92.92% increase. As at 30 April 2026:
- The median value for Houses in Mermaid Beach is $2,983,428 while the median value for Units is $1,147,978.
- Houses have a median rent of $1,400 while Units have a median rent of $830.
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