501/51 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 89m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Case Study:
Method of Sale: Private Treaty
Days on Market: 60
Presenting as new and perfectly positioned 300m from world class beaches, this 2-bedroom, 2-bathroom luxurious beachside apartment presents a rare opportunity to embrace all that this lifestyle location has to offer.
Architecturally designed and built to the highest of qualities to suit even the most fastidious of buyers, whether you're seeking a low maintenance yet luxurious lock-and-leave residence, modern beach home or fantastic investment opportunity, this property is designed to complement the desire for an unrivalled lifestyle.
The functional floor plan is designed with relaxed easy living in mind. Combining a harmonious blend of luxe coastal living with everyday comfort, this light-filled apartment offers seamless indoor/outdoor flow. Coastal style tones, textures, finishes with high ceilings and layered lighting add to the minimalistic luxury feel.
Well-equipped modern kitchen with quality stainless-steel appliances, island bench, abundance of storage and mirrored splash backs. Open plan living and dining areas which flow seamlessly to the private balcony which overlooks stunning hinterland views, creating the perfect space to relax and unwind of an afternoon.
Sundrenched master suite with walk-in robe and stylish ensuite. Additional bedroom with built-in robes which is serviced by a contemporary family bathroom. Separate hidden laundry and study nook.
The highly desirable luxurious Neo building showcases 9 storeys of modern architecturally designed residential apartments anchored by a private residential lobby. Enjoy an easy stroll to patrolled swimming beaches, Pacific Fair Shopping Centre, The Star Hotel and Casino, public transport, parklands, neighbourhood cafes, restaurants, primary and senior schools. The Neo building offers a roof top garden, entertainment retreat and exercise sky deck which captures uninterrupted ocean, hinterland and skyline views.
Property Features:
Luxurious 2-bedroom, 2-bathroom beachside apartment
Modern kitchen with island bench, quality appliances and an abundance of storage
Open plan living and dining areas
Private balcony with stunning hinterland views
Master suite with walk-in robe and stylish ensuite
Additional bedroom with built-in robes
Split system air conditioning throughout including in both of the bedrooms
Separate laundry
Study nook
Single secure carpark plus storage cage
Fully furnished
Near new building completed in 2019
Architecturally designed building with roof top garden, private residential lobby, entertainment retreat and exercise sky deck with ocean, hinterland and skyline views
Perfectly positioned within walking distance to world class beaches, Pacific Fair, The Star, public transport, cafes, restaurants and schools
Property Specifics:
Council Rates: $1,391.08* per half year
Water Rates: $352.66* per quarter
Currently Rented at $860.00 per week until 10th December 2024
Body Corporate: $119.39* per week
*Approx
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 5,677 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.