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Back 48 Venice Street
Off Market

48 Venice Street

Mermaid Beach QLD 4218

7
3
12
0 m²
1642 m²
House
Last sold for $5,200,000
Chris LawsChris Laws, last sold this property on 20 July 2025 after 339 days on market.

Overview

MERMAID BEACHSIDE DEVELOPMENT OPPORTUNITY - 1,642SQM

First time offered on the market in over 60 years, this Iconic Mermaid Beachside precinct is ready for new owners to create their mark on one of the Gold Coast's most prestigious areas. An exciting opportunity to acquire 2 sites side-by-side 48 Venice Street & 2453 Gold Coast Hwy totalling a massive 1,642sqm making this desirable for the astute Investor or Developer. Featuring: Combined 1,642sqm* development site with 2 street frontages totaling 78m* North Facing Corner Block sitting adjacent to the Mermaid Beach Community Centre and backing onto St Johns Park creating great space separation to nearby buildings 300m to the beach Currently improved by 5 Commercial tenancies and 1 Residential tenancy generating a holding income of over $290,000* per annum Favourable underlying Mixed-Use zoning supporting development to twenty-four (24) metres as code assessable Enjoy unobstructed, protected views of the Mermaid Beach coastline from 3 storeys and above Centrally positioned among essential lifestyle amenities including Pacific Fair Shopping Centre, Star Casino & Hotel, Hedges Avenue and future light rail stations (Broadbeach South and Mermaid Beach) Set in an area poised for significant population growth, it stands out as Australia's leading destination for international tourists 48 Venice Street - 5 bedroom house (occupied with a commercial tenancy - iBrow Boutique) & a fully self contained separate 2 bedroom unit (residential tenancy) 2453 Gold Coast Hwy - 4 commercial spaces occupied by the following businesses - Belle Maison Realty, Mermaid Physiotherapy Centre, 'Lucky Mermaid' Newsagency & the Mermaid Beach Post Office. Call today to acquire an Information Memorandum. This is an opportunity not to miss and one that will not last long. Disclaimer: You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise. *Approximately

Features

7 bedrooms
3 bathrooms
12 carspaces
12 open car spaces
0 m² floor area
1642 m² lot size
House

Estimated Value

Based on this property and similar 7 bedroom houses sold in Mermaid Beach over the last 12 months, the estimated median property value of 48 Venice Street is $4.32m.

Median value
$4.32m
Estimated value range
$3.1m - $9.6m
Median days on market
129
Estimated value trend
0%
decrease 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 48 Venice Street

2025
Sold
$5,200,000
20 Jul 2025 by Chris Laws, of Realty Blue Burleigh

Happy sellers in Mermaid Beach

88%
88% 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 54 reviews in Mermaid Beach over the last 12 months.

Local market activity for 7 bedroom houses in Mermaid Beach

In the last 12 months, 3 seven-bedroom houses similar to 48 Venice Street, have been sold.

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 22 local sales and collected 16 local reviews across the last 12 months.

  •   5   (113 reviews)
  •  16 Reviews in Mermaid Beach
  •  22 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 3 local sales and collected 5 local reviews across the last 12 months.

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