2/51 Peerless Avenue,
Mermaid Beach, QLD 4218

Adam Grbcic from Kollosche & Bede Blatchford from Colliers are proud to present to the market, 2/51 Peerless Avenue, Mermaid Beach ("The Property").

This ground floor retail space provides valuable highway exposure to both future light rail and pedestrian traffic.

The property is situated on the ground floor of the Neo Buidling which is a boutique 9-level residential only building with a total of 32 apartments.
Surrounding the property is a mix of high and low-rise accommodation that caters to the affluent sector of the market as well as retail and commercial tenancies on both the eastern and western sides of the Gold Coast Highway.

The property offers unparalleled proximity to numerous amenities and infrastructure, including Pacific Fair Shopping Centre, The Star Gold Coast, the light rail & bus terminal in addition to the beach, numerous restaurants, cafes and bars.

The Key Attributes Include:
-Internal Area: 79m2*
-Outdoor and undercover area: 32m2*
-Connectivity to grease trap and provisions for exhaust canopy
-Extremely strategic and valuable signage opportunities.

Peerless Avenue is a highly active street with recent and proposed high-rise developments, which are close to construction commencement. This is due to it being the final street from Broadbeach that allows for high-density and height allowances. This property provides the ideal opportunity to capture & be the closest retail space to the hundreds of unit owners along Peerless Avenue.

This is a prime opportunity for a local business looking to capitalise on all these key features, as well as existing owners on the Gold Coast Highway who may be leasing and either face disruption from the light rail constriction (which has now passed the property) or potentially have lease agreements within potential re-development sites that include demolition clauses.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. All expenses, distances, heights, or sizes are an estimate or an approximation. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.