ONE OF THE VERY LAST RD8 MERMAID BEACH SITES

This is one solid long term investment to sit and hold.

ON OFFER: This solidly built block of units was built back in the early 1980’s and is being offered to the market for the first time since being built.
Units available for sale are 5 x spacious 2 bedroom, 1 bathroom units, this building has been well maintained and presents in excellent structural condition with no building issues and could sit for another 40 years if required. Each unit has spacious living, galley style kitchen, 2 double bedrooms, separate WC, private generous size balconies and all have single basement parking.

‘Volante Court’ is a solid built block of 6 units sitting on the northern side of Peerless Avenue. Down the middle of Peerless Avenue is the border of the RD8 zoning overlay. On the southern side is the start of medium/low density residential 15 metre max. (3 level) height restriction. The advantage of being on this northern side of the overlay border is having the benefit for all new developments with some of the most awesome views on the Gold Coast down to the NSW border. 27 Peerless Avenue sits just 200m up the road from the sands of Mermaid Beach. This position allows some of the best direct easterly/south easterly views from the Pacific Ocean’s horizon with magnificent uninterrupted views south to the QLD border and beyond with superb westerly views out to Mt Warning, the hinterland and western skies of Queensland.

LOCATION: You are in the heart of the action with Pacific Fair Shopping Centre (4th largest in Queensland) approx. 500m away, the light rails – South Broadbeach station under 400m from the front door and you are just a stone’s throw to the heart of the Broadbeach restaurant precinct, Gold Coast Convention Centre, the Star Casino and more. The commencement of the next stage of the light rail from South Broadbeach station down to Burleigh Heads is currently getting underway. The new developments proceeding this type of infrastructure and planning down the Gold Coast Highway with the new residential, commercial and mixed-use developments in different stages of commencement and others planned are changing the old landscape down to Burleigh Heads. The old original beach shacks and the old original 1970 motel sites down this strip of the Gold Coast Highway are now being redeveloped to new and modern, sophisticated residential living with boutique, modern residential unit complexes with restaurants and professional business spaces, major supermarket outlets and modern commercial outlets.

GROWTH: The Gold Coast is now maturing from the transient holiday makers destination in a regional coastal area to a major Australian metropolis with its famous beachside lifestyle attracting permanent families wanting to reside in one of the world’s favourite coastal holiday destinations.

A lifestyle matched by few locations around the world the population boom seems to be never ending. The success of the Commonwealth Games in 2018 has seen what the global spotlight when shone on the Gold Coast can do and with the Olympic Games in 2032 this progressive trend is only fast tracking much of the planned infrastructure throughout south east Queensland creating faster growth and higher demand for the exclusive beachside suburb of Mermaid Beach and local neighbouring areas.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property ID: 1244678