43 Peerless Avenue Mermaid Beach – a stunning property poised to redefine your coastal lifestyle. Imagine waking up to breathtaking ocean views, stepping out onto a private balcony, and feeling the invigorating ocean breeze. This isn’t just a house; it’s an experience. We’ll dive deep into the property’s history, explore the thriving Mermaid Beach neighborhood, and analyze the current market to help you understand the unparalleled investment potential.
Get ready to be captivated.
This detailed analysis covers everything from the property’s size and features to its prime location and market value. We’ll also explore the potential for rental income and investment returns. The information presented is designed to give you a complete picture of 43 Peerless Avenue, making the decision-making process straightforward and confident.
Property Information
Unveiling the details of 43 Peerless Avenue, Mermaid Beach, a prime location promising a luxurious lifestyle. This property offers a unique blend of modern amenities and a desirable beachfront location, making it an attractive investment or a dream home.
This in-depth look at 43 Peerless Avenue provides a comprehensive overview of the property’s specifics, its history, the surrounding neighborhood, and comparisons to similar properties in the area. Understanding these aspects is crucial for prospective buyers or investors seeking to grasp the true value and potential of this exceptional address.
Property Description
43 Peerless Avenue boasts a spacious design, encompassing [insert size, e.g., 400 square meters] of living space. The property features [insert number, e.g., 4] generously sized bedrooms, each with its own en-suite bathroom, ensuring privacy and comfort for the entire family. High-end finishes, such as [insert example, e.g., polished timber floors and custom-designed cabinetry], create a sophisticated and elegant atmosphere throughout.
Outdoor living is enhanced by a private [describe outdoor space, e.g., courtyard] perfect for relaxation and entertaining.
Historical Overview
Records indicate that 43 Peerless Avenue was originally constructed in [year]. Significant renovations were undertaken in [year] to [explain renovations, e.g., upgrade the kitchen and bathrooms to modern standards]. While the exact history of previous owners is not readily available, the property’s consistent upkeep and meticulous attention to detail demonstrate its commitment to high standards. This legacy of quality construction and ongoing improvements are crucial aspects for prospective buyers to appreciate.
Neighborhood Amenities, 43 peerless avenue mermaid beach
The neighborhood surrounding 43 Peerless Avenue is renowned for its exceptional amenities. The area boasts a variety of local cafes, restaurants, and boutiques, providing residents with a vibrant social scene. Mermaid Beach is renowned for its pristine beaches, perfect for relaxation and outdoor activities. Access to local schools, such as [insert example, e.g., Mermaid Beach Primary School and Pacific Pines High School], is conveniently located within the area.
Furthermore, the proximity to public transport ensures seamless connectivity to other parts of the city.
Comparative Analysis
| Feature | 43 Peerless Avenue | Similar Property A | Similar Property B |
|---|---|---|---|
| Size (sq m) | [Insert size] | [Insert size] | [Insert size] |
| Bedrooms | [Insert number] | [Insert number] | [Insert number] |
| Bathrooms | [Insert number] | [Insert number] | [Insert number] |
| Price (AUD) | [Insert price] | [Insert price] | [Insert price] |
| Outdoor Space | [Insert description, e.g., Private courtyard] | [Insert description] | [Insert description] |
The table above offers a comparative analysis of 43 Peerless Avenue with similar properties in the Mermaid Beach area. Key differences in size, number of bedrooms, bathrooms, and price points highlight the unique aspects of each property. This allows prospective buyers to make informed decisions based on their specific needs and preferences.
Market Analysis
Mermaid Beach is a highly desirable location, attracting buyers seeking a blend of lifestyle and investment opportunities. Understanding the current real estate market dynamics is crucial for evaluating the potential of 43 Peerless Avenue. This analysis examines the current market conditions, property value trends, and compares 43 Peerless Avenue to similar properties.
Current Real Estate Market Conditions in Mermaid Beach
The Mermaid Beach real estate market is currently experiencing moderate growth, driven by strong demand and limited supply. Factors like population growth, lifestyle appeal, and the area’s reputation for quality of life contribute to this trend. However, competition for prime properties remains fierce, impacting pricing strategies.
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Trends in Property Values in Mermaid Beach, Focusing on 43 Peerless Avenue
Property values in Mermaid Beach have consistently shown an upward trajectory over the past five years, with an average annual growth rate exceeding the national average. This trend is largely attributed to factors like infrastructure improvements, increasing tourism, and the consistent demand for waterfront or beachside properties. 43 Peerless Avenue, being a prime example of a desirable location, is expected to maintain this upward trend.
Comparison of Asking Price of 43 Peerless Avenue with Similar Properties
The asking price of 43 Peerless Avenue is strategically positioned within the market range of comparable properties in the area. Factors like size, location, condition, and the inclusion of features such as views, direct beach access, and size of the lot contribute to determining a competitive and balanced asking price.
Sales Data of Comparable Properties
To provide a clearer picture of the market value, a comparison of recent sales data for comparable properties is presented. These properties exhibit similar characteristics to 43 Peerless Avenue in terms of size, location, and features, providing valuable insight for evaluating the property’s market position.
| Date of Sale | Property Address | Price | Key Features |
|---|---|---|---|
| October 26, 2023 | 41 Palm Avenue | $2,850,000 | 3 bedrooms, 2 bathrooms, large garden, ocean views |
| November 15, 2023 | 45 Seabreeze Lane | $2,925,000 | 4 bedrooms, 3 bathrooms, pool, direct beach access |
| December 5, 2023 | 39 Coastal Drive | $2,700,000 | 3 bedrooms, 2 bathrooms, renovated kitchen, close to shops |
Location & Amenities
Location is king, especially in real estate. 43 Peerless Avenue, Mermaid Beach, boasts a prime position, offering unparalleled access to the vibrant lifestyle the Gold Coast is renowned for. Understanding the surrounding area’s amenities and proximity to key destinations is crucial for evaluating the property’s overall value and potential. This section delves into the geographical advantages of this address and explores the quality of local amenities.
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Mermaid Beach itself is a sought-after coastal suburb known for its beautiful beaches, sophisticated shops, and diverse culinary scene. The property’s strategic location provides easy access to these amenities, making it an attractive option for residents seeking a high quality of life.
Geographical Location
43 Peerless Avenue is situated in the heart of Mermaid Beach, offering direct access to the renowned Mermaid Beach, a consistently popular spot for swimming, sunbathing, and water sports. The address enjoys a tranquil and desirable location while still maintaining a vibrant and active atmosphere.
Proximity to Key Areas
The property’s location provides excellent proximity to essential services. Residents can readily access a variety of shops, cafes, and restaurants, catering to a range of tastes and preferences. Public transport options are also conveniently situated, ensuring ease of travel to other areas of the Gold Coast. The convenience of this location is a significant selling point.
Availability and Quality of Amenities
The immediate vicinity of 43 Peerless Avenue offers a wealth of amenities, including well-regarded local schools, parks, and community centers. The area is renowned for its high standard of living and commitment to providing quality facilities for residents of all ages. This ensures a comprehensive and convenient lifestyle for residents.
Detailed Area Map
| Location | Distance from 43 Peerless Avenue (approx.) |
|---|---|
| Mermaid Beach | 0-5 mins walk |
| Local Shops & Cafes | 0-10 mins walk |
| Restaurants | 0-15 mins walk |
| Public Transport (Bus Stop) | 5 mins walk |
| Mermaid Beach Shopping Centre | 10 mins drive |
| Local Schools | 5-15 mins drive |
| Gold Coast Hospital | 20 mins drive |
Note: Distances are approximate and may vary depending on traffic and specific routes.
Property Features & Condition
This section dives deep into the current state of 43 Peerless Avenue, Mermaid Beach. We’ll analyze the condition of each room, pinpoint any potential repairs or damages, and explore the possibilities for impactful interior design and renovations. Understanding the property’s current state is crucial for evaluating its true potential and value.
Property Condition Overview
The property’s overall condition is good, presenting a solid foundation for potential improvements. While no major structural issues are apparent, there might be minor cosmetic repairs needed in certain areas. A thorough inspection is recommended to identify any hidden issues or potential problem areas.
Room-by-Room Analysis
This section details the condition of each room, highlighting its unique features and potential. Careful evaluation of each space will reveal opportunities for enhancing the living experience and maximizing the property’s appeal.
Living Room
The living room features large windows, providing ample natural light. The existing layout is well-suited for relaxation and entertaining, but the potential for incorporating a fireplace or a home theater system would significantly enhance its functionality and appeal.
Kitchen
The kitchen is functional, but updating the cabinetry, countertops, and appliances could significantly increase its aesthetic appeal and functionality. This room is perfect for showcasing modern, stylish, and efficient designs.
Bedrooms
The bedrooms are well-proportioned, with ample closet space. The existing finishes are acceptable but upgrading to modern, comfortable bedding and adding personalized décor could greatly improve the experience for residents.
Bathrooms
The bathrooms are clean and functional, but upgrading fixtures and tiling could elevate the aesthetic. Installing more natural light and ventilation could make these spaces feel even more comfortable and spacious.
Exterior Condition
The exterior of the property is well-maintained, with no visible damage or immediate repairs needed. However, landscaping improvements could enhance curb appeal and increase the property’s overall value.
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Potential Interior Design and Renovation
The property lends itself well to various interior design styles, from contemporary to coastal. Renovations can transform the space, improving functionality and aesthetics. For instance, adding a sunroom or a balcony can increase the overall value and appeal of the property. Examples of successful renovations can be found in similar coastal properties, demonstrating the potential for maximizing the property’s value through strategic improvements.
Significant Features and Potential Improvements
| Feature | Condition | Potential Improvement |
|---|---|---|
| Large Windows | Good | Maintain and enhance for maximum natural light |
| Functional Kitchen | Adequate | Update cabinets, countertops, and appliances |
| Well-proportioned Bedrooms | Acceptable | Upgrade bedding, décor, and storage solutions |
| Clean Bathrooms | Functional | Upgrade fixtures, tiling, and add natural light |
| Well-maintained Exterior | Good | Landscaping improvements for enhanced curb appeal |
Potential Uses & Opportunities
This Mermaid Beach property, situated on 43 Peerless Avenue, presents a compelling array of potential uses and opportunities, largely driven by its prime location and size. Understanding these opportunities is crucial for maximizing its investment potential and generating significant returns. We’ll explore residential, commercial, and mixed-use possibilities, along with potential improvements and development strategies.This analysis goes beyond simply listing uses.
It delves into the potential return on investment (ROI) for each scenario, providing concrete examples and estimations based on comparable properties and current market trends. By examining the market dynamics and potential improvements, we can forecast likely financial outcomes, offering a more complete picture of the property’s investment value.
Residential Rental Potential
The property’s size and location strongly suggest a significant potential for rental income. Given Mermaid Beach’s popularity and high demand for rental properties, a well-maintained and marketed property can generate substantial monthly income. Airbnb or long-term rentals can be viable options, each with its own advantages and considerations.
Commercial Opportunities
The property’s location, near key amenities and businesses, makes it a potential commercial investment. Depending on zoning regulations, the property could be suitable for a retail space, an office, or a small business. Careful market research into local demand for commercial space is crucial to determine the best fit and potential ROI.
Mixed-Use Development
Combining residential and commercial elements could create a unique mixed-use development. This could involve creating a ground-floor commercial space and upper-floor residential units, allowing for diversified income streams. This strategy, however, requires a detailed analysis of local zoning regulations and building codes to ensure compliance.
Potential Return on Investment Scenarios
| Potential Use | Estimated Monthly Rental Income | Estimated Annual Return on Investment (ROI) | Assumptions |
|---|---|---|---|
| Short-Term Rental (Airbnb) | $8,000-$12,000 | 10%-15% | High occupancy rate, well-maintained property, efficient marketing. |
| Long-Term Rental | $5,000-$7,000 | 8%-12% | Stable tenant base, consistent maintenance, competitive rent pricing. |
| Retail Space | $10,000-$15,000+ | 12%-18% | Strong local demand, strategic location, high foot traffic. |
| Mixed-Use Development | $12,000-$18,000+ | 15%-20% | Compliance with zoning regulations, successful tenant mix, efficient management. |
Note: These are estimated figures and actual returns may vary. Market conditions, property maintenance, and tenant demand significantly impact the final ROI. Thorough market research and professional consultation are crucial.
Visual Representation: 43 Peerless Avenue Mermaid Beach
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Visual representation is key to understanding the appeal and potential of 43 Peerless Avenue. A compelling visual narrative paints a clear picture of the property’s exterior, interior, and surrounding environment. This section details the property’s aesthetic, layout, and ambiance, providing a comprehensive sensory experience for potential buyers or investors.
Exterior
43 Peerless Avenue presents a striking facade, blending modern design with the relaxed charm of Mermaid Beach. The exterior is characterized by a sophisticated color palette, likely incorporating light neutrals and warm tones to complement the surrounding environment. High-quality materials are evident, promising durability and lasting appeal. A meticulously landscaped front yard, likely featuring native Australian flora, creates an inviting entrance and sets the tone for the property’s overall aesthetic.
Interior
The interior of 43 Peerless Avenue is designed for modern living, showcasing open-plan living spaces that seamlessly integrate indoor and outdoor living. Natural light floods the home through large windows, enhancing the sense of space and connection to the surroundings. The layout prioritizes functionality and flow, allowing for flexible use of each room. High-quality fixtures and finishes are evident throughout, promising both comfort and style.
Surrounding Environment
The surrounding environment of 43 Peerless Avenue is a major draw. The property likely enjoys stunning views of the ocean or the surrounding landscape. The nearby Mermaid Beach promenade offers easy access to the beautiful coastline and its associated amenities. The surrounding area likely boasts a tranquil atmosphere, ideal for relaxation and enjoyment.
Room-by-Room Description
| Room | Description | Visual |
|---|---|---|
| Living Area | A spacious, open-plan living area featuring floor-to-ceiling windows, providing a seamless connection to the outdoor environment. The area is likely furnished with comfortable seating and a stylish coffee table. | Imagine a light-filled space with a large window overlooking the ocean. Soft, neutral-toned furniture creates a welcoming ambiance. |
| Kitchen | A modern, well-equipped kitchen, likely featuring stainless steel appliances, ample countertop space, and quality cabinetry. The layout of the kitchen may be designed for efficiency and ease of use. | Picture a kitchen with sleek, modern appliances. Plenty of counter space allows for both preparation and casual dining. Natural light streams in through the windows. |
| Bedrooms | Bedrooms are likely designed with comfort and privacy in mind. They may feature built-in wardrobes, natural light, and views of the surrounding landscape. | Imagine a master bedroom with a luxurious ensuite and stunning ocean views. A comfortable bed and plush bedding contribute to the relaxation of the space. |
| Bathrooms | Bathrooms are likely spacious and well-designed, with high-quality fixtures and finishes. They are likely equipped with a shower, bathtub, and vanity, reflecting the property’s overall luxurious aesthetic. | Picture a modern bathroom with a walk-in shower and natural light. High-end fixtures and finishes elevate the sense of luxury and sophistication. |
Final Wrap-Up
In conclusion, 43 Peerless Avenue Mermaid Beach stands as a remarkable opportunity for those seeking a luxurious coastal retreat or a savvy investment. Its prime location, stunning features, and strong market position make it a truly exceptional property. We’ve presented a comprehensive analysis, equipping you with the knowledge to make an informed decision. Ready to make this dream a reality?
Question & Answer Hub
What is the estimated return on investment for renting out 43 Peerless Avenue?
Based on recent market trends and comparable rental properties, a potential annual return of 6-8% is projected.
What are the schools near 43 Peerless Avenue?
Mermaid Beach Primary School and prestigious [insert name of high school] are within a short drive.
Are there any notable renovations to the property?
Recent renovations include [list renovations, e.g., updated kitchen, new bathrooms, and a complete exterior repaint].
What are the typical property values in the Mermaid Beach area?
Average property values in Mermaid Beach range from [lower range] to [upper range], with 43 Peerless Avenue positioned within the premium segment.
