22 & 30 Mermaid & Alexandra Avenue
Mermaid Beach, QLD 4218

Overview

Blue-Chip Dual Site Offering – 1146m2 Prime Development with dual street frontage Mermaid Beachsi

This exceptional offering in the heart of Mermaid Beach presents a rare opportunity to acquire a substantial dual-site package totaling approximately 1,146 square meters of premium beachside land. Located just moments from the pristine sand and surf, this property is ideal for investors, developers, or those seeking a unique lifestyle opportunity in one of the Gold Coast's most desirable areas.

The combined sites at 22 Mermaid Avenue and 30 Alexandra Avenue provide a significant footprint for landholding, development, or investment, allowing for a variety of future possibilities subject to council approval.

30 Alexandra Avenue is a development-ready RD8 zoned site, featuring a level 516 square meter block with a wide frontage of 16.9 meters. This high-density residential zoning permits multi-level redevelopment (subject to council approval). Currently, the site is configured as three single-level villas, each with two bedrooms, and offers generous on-site parking with six car spaces. The property generates a strong holding income potential, with a conservative combined rental return of approximately $2,350 per week.

22 Mermaid Avenue is a classic beachside residence situated on a substantial 630 square meter block. The original 1970s double-storey brick and tile home includes four spacious bedrooms and two bathrooms, complemented by a fully self-contained one-bedroom granny flat. This dual living arrangement is perfect for extended family living or short-stay accommodation. The home is well-maintained and retains charming vintage features throughout. The rental potential is estimated at approximately $1,600 per week, conservatively.

The Opportunity: Together, these two properties form an ultra-versatile site ideal for developers, investors, or owner-occupiers seeking a strategic beachside landholding with multiple income streams and long-term growth potential. Immediate rental returns are available while planning for a luxury multi-dwelling development, boutique apartments, or an expansive family compound, subject to council approval.

Location Highlights:

• Less than 300 meters to the beach
• Walking distance to Broadbeach dining, cafes, and Pacific Fair Shopping Centre
• Easy access to public transport, light rail, and schools
• Tightly held pocket with strong demand and limited supply

This is a once-in-a-generation chance to secure an iconic piece of Mermaid Beach. Whether you choose to invest, develop, or landbank, this property offers exceptional potential in a highly sought-after coastal location.

Note: All figures and dimensions are approximate. Prospective buyers should conduct their own investigations and seek council advice regarding development potential.

Location