4/32 Peerless Avenue

Mermaid Beach QLD 4218

The 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 return

Property 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.