28 Peerless Avenue, Mermaid Beach QLD 4218

Make no mistake, we have been given clear instructions this property must be sold at Auction.

An extraordinary opportunity presents itself to secure a prime, north-facing, beachside holding in one of the Gold Coast's most tightly held and prestigious enclaves, Mermaid Beach.

Located beachside of the highway, this 809sqm site blends location, income, and long-term upside potential with a current development approval in place.

The offering includes 7 x 2 bedroom townhouses all generating instant permanent cashflow while you prepare to unlock this asset to its full potential.

Renovate the existing apartments to further increase your income and add instant value to this well positioned asset.

This beachside pocket is undergoing major transformation, with a new wave of development reshaping the area's skyline and lifestyle it offers.

The property has ample upside with demand continuing to surge for luxury executive apartments in Mermaid Beach.

Current Development approval is for eight luxury beachside apartments. Further information on this approval is available upon request.

The growth trajectory of Mermaid Beach ensures consistent strong long-term capital gains. Secure your place in this emerging high-growth precinct and take advantage of this
Rare, beachside double block, trophy holding. The sellers Circumstances require an immediate sale.

Mermaid Beach is one of the Gold Coast's most desirable coastal suburbs, celebrated for its relaxed, walkable lifestyle and strong community atmosphere. Just 200 metres to patrolled beaches, residents can start their day with a morning swim or surf before enjoying a leisurely stroll to a range of popular cafes and eateries. Less than a kilometre to the south, you'll find local favourites such as BSKT Café and The Holliday Coffee Shop, while the vibrant Nobby Beach precinct continues to evolve with the addition of The Oxley — a 4,000sqm lifestyle destination featuring boutique retail, delis, and fine dining.

This opportunity will represent outstanding value. For further details contact the exclusive agents at LJ Hooker Broadbeach.

Auction Date: Saturday 16th August 2025 @ 10.30 am.
Auction location: LJ Hooker Broadbeach , Shop 14 , 90-110 Surf Parade Broadbeach.