702/43-49 Peerless Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 127m2 and floor size of 106m2. 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.
Located only 250 meters from the iconic Hedges Avenue, residence 702 invites you to experience the pinnacle of refined coastal living. Designed by the acclaimed team at Rothelowman and completed in August 2021, this 2 Bedroom + Study residence combines contemporary sophistication with an enviable lifestyle location. Perfectly positioned within easy reach of Pacific Fair, Broadbeach South Light Rail, The Star entertainment precinct, and a collection of premier dining destinations, this residence offers convenience without compromise.Boasting a coveted north-facing aspect and an impressive 126 sqm of internal space, Residence 702 is a harmonious blend of timeless design and thoughtful detail. The home exudes a sophisticated ambiance, featuring elegant timber flooring, a custom-designed kitchen, and floor-to-ceiling windows that bathe the interiors in natural light while framing breathtaking coastal views. Every element has been curated to elevate your lifestyle from the elegant finishes to the seamless indoor-outdoor connection.Key Features of Residence 702: 2 Bedrooms | 2 Bathrooms | Study | 1 Secure Car Parking Space 126sqm of living space with highly sought after north-facing views from a spacious balcony Architectural glazing to maximize natural light and coastal vistas Premium engineered oak timber flooring throughout living areas Custom kitchen with Miele appliances, stone benchtops, and LED feature lighting Luxuriously appointed bathrooms with designer fittings and semi-frameless shower screens Master suite with spacious walk-in robe and private ensuite Ducted air conditioning, roller blinds, ceiling fans, and smart storage solutions Secure parking with number plate recognition, video security, and CCTVExceptional Five-Star Amenities: Dedicated Concierge services Post-beach sand wash area and surfboard storage Resort-style lap pool and rejuvenating spa Sauna and steam rooms for ultimate relaxation Fully equipped gym with a tranquil yoga space Executive lounge for residents The exclusive Level 26 Residents' Lounge, complete with a private wine cellar, gourmet kitchen, dining areas, media room, and awe-inspiring ocean viewsInvestment Snapshot: Rental Appraisal Estimate: $1,150/week Body Corporate: Approx $8,327/per annum GCCC Water Rates: $1,210/per annum GCCC Council Rates: $2,978/per annumBela is managed and maintained by Mosaic Property Group, ensuring every detail of this esteemed address is impeccably cared for, and enhancing long-term value for its residents.To book an inspection time or discuss this opportunity further, contact Paddy Rankin on 0429 951 035.
The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the 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 5,883 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 53.89% increase in median value, while Units have seen a 79.61% increase. As at 30 June 2026:
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