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52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

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52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

Mermaid Beach

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+28 Photos

52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

Mermaid Beach

52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

Properties / Buy / Queensland / Mermaid Beach
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Office, Retail/Shopping Centre
Land Area
1,002 m² (*approx)
Selling Method
EOI: Contact Agent
DOCUMENTS AVAILABLE
EOI Closing Date
24 Apr 2025 04:00PM
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2. Property Highlights

COASTAL NEIGHBOURHOOD CENTRE WITH DEVELOPMENT UPSIDE & DUAL FRONTAGES

Situated in one of the Gold Coast's most dynamic growth corridors, this exceptional 1,002m2* corner site offers a rare blend of immediate income and future development potential. Currently comprising two parcels with 14 diverse commercial and retail tenancies plus a residential flat, the property generates multiple income streams while benefiting from premium exposure and strong passing trade.

Just minutes from stunning beaches, major shopping centres, and vibrant dining precincts, this is an unparalleled opportunity for investors, developers, or owner-occupiers seeking a strategic foothold in a high-demand coastal market.

KEY FEATURES INCLUDE:

• Prime corner land parcel of 1,002m2* (over two separate titles, north facing)

• Total building area of 1,047m2* (retail, office & residential tenancies)

• Current net income of $321,973.95* p.a + GST + Outgoings

• Projected net income of $350,573.95* p.a + GST + Outgoings

• High-exposure position along the Gold Coast Highway, with 246,000 passing vehicles weekly

• Two buildings featuring 14 tenancies, including a diverse mix of commercial and retail operators, plus a residential flat

• Mixed-use zoning allows for up to 8 storeys (24m height limit)

• Strategically positioned for future growth, aligning with the Gold Coast Light Rail expansion

• Unrivalled convenience - just moments from world-class beaches, The Star Casino, and Pacific Fair

• Seamless connectivity to G:Link light rail, parks, schools, top-tier dining, retail, and entertainment

• Absolute prime location in the heart of Mermaid Beach

• A rare opportunity to secure a high-performing asset in one of the Gold Coast's most thriving precincts!

• Overseas owner selling. It will be sold, so do not miss out!

For Sale via Expressions of Interest, closing Thursday 24 April 2025 at 4pm (AEST).

For more information or to arrange a private inspection, please contact the exclusive marketing agent Jackson Rameau of RWC Gold Coast on 0438 451 112.

Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately. (STCA) Subject to Council Approval.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Office, Retail/Shopping Centre
Land Area
1,002 m² (*approx)
Selling method
EOI: Contact Agent
DOCUMENTS AVAILABLE
Gain Access
EOI Closing Date
24 Apr 2025 04:00PM

2. Property Highlights

COASTAL NEIGHBOURHOOD CENTRE WITH DEVELOPMENT UPSIDE & DUAL FRONTAGES

Situated in one of the Gold Coast's most dynamic growth corridors, this exceptional 1,002m2* corner site offers a rare blend of immediate income and future development potential. Currently comprising two parcels with 14 diverse commercial and retail tenancies plus a residential flat, the property generates multiple income streams while benefiting from premium exposure and strong passing trade.

Just minutes from stunning beaches, major shopping centres, and vibrant dining precincts, this is an unparalleled opportunity for investors, developers, or owner-occupiers seeking a strategic foothold in a high-demand coastal market.

KEY FEATURES INCLUDE:

• Prime corner land parcel of 1,002m2* (over two separate titles, north facing)

• Total building area of 1,047m2* (retail, office & residential tenancies)

• Current net income of $321,973.95* p.a + GST + Outgoings

• Projected net income of $350,573.95* p.a + GST + Outgoings

• High-exposure position along the Gold Coast Highway, with 246,000 passing vehicles weekly

• Two buildings featuring 14 tenancies, including a diverse mix of commercial and retail operators, plus a residential flat

• Mixed-use zoning allows for up to 8 storeys (24m height limit)

• Strategically positioned for future growth, aligning with the Gold Coast Light Rail expansion

• Unrivalled convenience - just moments from world-class beaches, The Star Casino, and Pacific Fair

• Seamless connectivity to G:Link light rail, parks, schools, top-tier dining, retail, and entertainment

• Absolute prime location in the heart of Mermaid Beach

• A rare opportunity to secure a high-performing asset in one of the Gold Coast's most thriving precincts!

• Overseas owner selling. It will be sold, so do not miss out!

For Sale via Expressions of Interest, closing Thursday 24 April 2025 at 4pm (AEST).

For more information or to arrange a private inspection, please contact the exclusive marketing agent Jackson Rameau of RWC Gold Coast on 0438 451 112.

Disclaimer: The website may have filtered the property into a price bracket for website functionality purposes. RWC Gold Coast has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as RWC Gold Coast divisions toward the recipient with regard to the use of this information and all information given is given without responsibility. *Approximately. (STCA) Subject to Council Approval.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

4. Property Location

52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218

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5. Market Intelligence Report

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52 Peerless Avenue & 2577 Gold Coast Highway, Mermaid Beach, QLD 4218 Mermaid Beach
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