29 Seaside Avenue, Mermaid Beach, Qld 4218

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29 Seaside Avenue, Mermaid Beach, Qld 4218-Image

29 Seaside Avenue, Mermaid Beach, Qld 4218

$3,120,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

455 m²

Area

Last updated on Thursday, July 02, 2026 ( See property details for 29 Seaside Avenue, Mermaid Beach, Qld 4218)

$3,120,000

Eoghan Murphy - Real Estate Agent - Kollosche - Broadbeach

Eoghan Murphy Licensed Real Estate Agent

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Gypsea Youngsmith - Real Estate Agent - Kollosche - Broadbeach

Gypsea Youngsmith Licensed Real Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A prime coastal property offering immediate income, development potential with approved plans for luxury apartments, and a sought-after beachside location in Mermaid Beach.

🏡 Property Highlights

Blue-chip beachside opportunity with lucrative potential
Oversized 455m² block with 15m street frontage
Prime location just 250m from the beach and close to cafes, shops, and public transport
DA approval secured for three luxury 3-bedroom apartments, including a penthouse with rooftop pool
Development plans feature basement parking and an additional pool
Existing solid brick block generating immediate rental income

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Garage / Secure Parking
External Laundry
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

Suburb and Property Insights of Mermaid Beach, QLD 4218

Mermaid Beach is a highly sought-after coastal suburb renowned for its pristine beaches, vibrant dining scene, and convenient access to public transport. It offers a relaxed yet upscale lifestyle with proximity to major shopping centres, entertainment venues, and outdoor activities. The area boasts a strong community feel, making it ideal for both lifestyle and investment. Its prime location ensures excellent future growth potential and high rental demand.

Frequently Asked Questions

What is the current rental income generated by the existing apartments?

The ground floor renovated 3-bedroom apartment returns $850 per week, while the two 2-bedroom units each yield $600 per week.

What are the future development plans for this property?

The approved development includes three luxury 3-bedroom apartments, a penthouse with rooftop pool, basement parking, and an additional pool, offering a high-end coastal residence.

Is there potential to rebuild or modify the existing structures?

Yes, there is scope to knock down the current buildings and rebuild a bespoke beachside home or further develop the site as per your vision.

What are the zoning and planning restrictions?

The property is zoned Medium Density Residential, with DA approval secured for the proposed development, ensuring compliance with local planning regulations.

How close is the property to local amenities and transport?

The property is approximately 250m from the beach and within walking distance to cafes, restaurants, shops, and public transport options, including future G-Link light rail.

What to ask about this property to agent?

Are there any additional costs or fees associated with the development approval process? Are there any existing easements, covenants, or restrictions on the property? Has a recent building and pest inspection been conducted to identify potential defects? Are there any planned or upcoming construction projects nearby that could impact the property? What are the zoning regulations and height restrictions for future development? Is the property located in a flood or bushfire-prone area? Are there any strata or body corporate fees applicable to the existing units? What are the council rates and other ongoing costs for the property? Are there any known issues with the current structures or infrastructure? What is the timeline for the development approval and construction process?

29 Seaside Avenue, Mermaid Beach, Qld 4218 - More Details

$3,120,000

Type: Block Of Units
Bedrooms: 7
Bathrooms: 4
Parkings: 2
Area: 455 m²

29 Seaside Avenue, Mermaid Beach, Qld 4218 - Point Of Interest

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Your Commute at a Glance: 29 Seaside Avenue, Mermaid Beach, Qld 4218

Email Enquiry To Kollosche - Broadbeach

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Eoghan Murphy

Gypsea Youngsmith

29 Seaside Avenue, Mermaid Beach, Qld 4218

$3,120,000

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