4/32 Peerless Ave, Mermaid Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 254m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Case Study:Method of Sale: Private TreatyDays on Market: 48Open Homes: 5OFI Attendees: 10Online Enquiries: 11Views Online: 2,524Written Offers: 2The beach beckons from this low maintenance North-Facing apartment on Mermaid Beach's doorstep. Flooded with natural light, this neat and tidy apartment is perfectly positioned in the most sought-after location in a small boutique building of only 7 units on a double beachside 809sqm block. An absolute blank canvas for someone to make their own or a savvy investment opportunity to simply land bank and hold for the future. Mere footsteps to the sand, surf and cafes including Mermaid Lifesaving Club, Little Mermaid, Bam Bam Bakehouse and Rafiki Cafe, embrace a relaxed, carefree lifestyle in a world class location.Positioned on the first floor and benefitting from a sunroom with floor to ceiling windows, the open plan living and dining spaces are absolutely sundrenched. Central well-equipped kitchen with quality appliances, plenty of bench space and storage. Two great sized bedrooms both with built-in robes and ceiling fans. Refurbished bathroom with combined laundry and separate toilet. Enjoy the additional convenience of a large up garage with additional secure storage space.Take advantage of the affordable body corporate fees and solid rental returns, making this the perfect blue chip investment to hold for future financial security. Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.Property Features: Low maintenance 2-bedroom, 1-bathroom North-Facing apartment Positioned in a small boutique building of only 7 units on a double block 809sqm Sunroom with floor to ceiling windows Open plan living and dining spaces Well-equipped kitchen with quality appliances, plenty of storage Two generously sized bedrooms both with built-in robes and ceiling fans Refurbished bathroom with separate toilet Oversized single lock up garage with ample additional storage Situated mere footsteps from the sand and surf Affordable body corporate fees and high rental returnProperty Specifics: Council Rates: $2,009.52* per half year (investment property rate) Water Rates: $337.94* per quarter Rental Appraisal: Estimated rental income of $750* per week. Currently rented for $720 per week until 10th August 2025. Body Corporate: $58* ^per week *Approx.^ AGM to be held 04.03.25 Proposed fee increase to $74 per week (refer Special Levies Motions in Disclosure Statement)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 5,868 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:
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