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Mahala, Mermaid Beach15 Peerless Avenue, Mermaid Beach QLD

Sector
Apartments & Mixed Use
Status
Available
Entity
Pindan Capital Mermaid Beach
Minimum investment
$50,000
Gross revenue
$109.3M
Total return
55.5%
Commencement Date
November 2018
Timeframe
29 Months
Sector
Apartments & Mixed Use
Status
Now selling
Client
Pindan Capital Ltd
Consultant
Cottee Parker Architects
Residential units
94
Finishes
Luxury
Facilities
Pool, Surfboard racks, Beach wash down area, Secure delivery facility and Bicycle storage
Broadbeach and Mermaid Beach have established themselves as the most desirable and premium residential precinct on the Gold Coast with the average new apartment transaction almost 18% higher than the Gold Coast average. Mermaid Beach is considered by locals as arguably the most desirable suburb to live in, on the Gold Coast with the northern end of the suburb being the most appealing.
This site represents an exceptional strategic opportunity for the following key reasons:
•             One of closest sites to beach
•             Unlimited height zone (with a 3 storey height restrictions across road)
•             Good rectangular site promoting efficiencies in construction and unit layout
•             Unlikely to be built out to the north and east
•             Walking distance to Pacific Fair & Light Rail station
•             Close to Star Casino and Gold Coast Convention Centre
•             Thriving cafe scene

To register your interest in this property fund, go to Current Opportunities

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