2577A Gold Coast Hwy 17,545 SF 100% Leased Retail Building Mermaid Beach, QLD 4218 For Sale

Surfers Paradise First National proudly presents a trophy Mermaid Beach landholding—a truly rare opportunity to secure one of the last remaining prime corner sites on the highly coveted beachside of the Gold Coast Highway. Comprising two adjoining freehold titles totaling approx. 1,002 m², this asset combines strong existing income with exceptional future redevelopment potential.
The property is prominently positioned at the junction of Peerless Avenue and the Gold Coast Highway, delivering outstanding visibility in a growth corridor earmarked for significant infrastructure and urban intensification. Zoning permits mixed-use, high-rise development opportunities (STCA), making it an ideal acquisition for developers seeking to capitalize on Mermaid Beach’s strong demand fundamentals and proximity to the new Gold Coast Light Rail expansion.
Currently improved with two buildings hosting a diverse mix of commercial, retail, and residential uses, the site delivers a net holding income of $226,694.74 p.a. + GST with upside to a fully leased potential of $389,094.74 p.a. + GST, creating a compelling balance of short-term returns and long-term growth.
Within close reach of world-class amenities—including Broadbeach dining precinct, The Star Casino, Pacific Fair Shopping Centre, and pristine beaches—this asset presents a blue-chip acquisition opportunity in one of Queensland’s most competitive coastal markets.