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Back 1/32 Peerless Avenue
Off Market

1/32 Peerless Avenue

Mermaid Beach QLD 4218

2
1
1
Unit
Larissa MartosLarissa Martos, last sold this property on 04 December 2025 after 52 days on market.

Overview

Ground floor beachside unit, unlimited potential

Ground floor and footsteps to the beach - this two-bedroom apartment at 1/32 Peerless Avenue, Mermaid Beach is on the market for the first time since 1988 and offers ease of living with no stairs, internal access to an oversized garage. Set in a boutique building of only 7 units on a generous 809m² block, it's an outstanding opportunity to secure a blue-chip investment with excellent growth prospects and future development potential in one of the Coast's most desirable beachside pockets. Enjoy a sunny north-east facing balcony, the perfect spot to soak in the morning sun and coastal breezes. The open-plan tiled living and dining area is filled with natural light, while the updated kitchen with dishwasher offers both style and functionality. Both bedrooms feature built-in robes and are serviced by a bathroom combined with laundry plus a separate toilet for added convenience. A major highlight is the oversized single lock-up garage with internal access - The only unit in the building with this feature-offering space for vehicles and additional storage. Footsteps to the beach, local cafes, dining precincts, and the G-Link light rail, this apartment delivers lifestyle, convenience, and investment potential in one of Mermaid Beach's most sought-after pockets. Features: - Ground floor position - no stairs - Large 91m² floorplan - Two bedrooms with built-in robes - 1 bathroom combined with laundry + separate toilet - Oversized single lock-up garage with internal access - only one in the building - Updated kitchen with dishwasher - Open-plan tiled living and dining - Sunny north-east facing balcony - Air-conditioning and Security screens - Boutique building of 7 units on 809m² block - Long-term tenancy in place - Excellent future redevelopment potential - Footsteps to the beach, cafes, and local amenities 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.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mermaid Beach over the last 12 months, the estimated median property value of 1/32 Peerless Avenue is $900k.

Median value
$900k
Estimated value range
$735k - $1.57m
Median days on market
26
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/32 Peerless Avenue

2025
Sold
Undisclosed
04 Dec 2025 by Larissa Martos, of Coastal Paradise Point

Happy sellers in Mermaid Beach

87%
87% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom units in Mermaid Beach

In the last 12 months, 40 two-bedroom units similar to 1/32 Peerless Avenue, have been sold.

This represents a 38% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Beach

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Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach.  They have 23 local sales and collected 16 local reviews across the last 12 months.

  •   5   (113 reviews)
  •  16 Reviews in Mermaid Beach
  •  23 Sales in Mermaid Beach
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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with

  •   5   (311 reviews)
  •  8 Reviews in Mermaid Beach
  •  9 Sales in Mermaid Beach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Mermaid Beach.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (29 reviews)
  •  5 Reviews in Mermaid Beach
  •  2 Sales in Mermaid Beach
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