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Ray White Special Projects (QLD) is pleased to present one of Mermaid Beach's most tightly held and highly sought after beachside landholdings. Situated just metres from the beach and positioned along the light rail corridor, 41 - 45 Heron Avenue represents a rare combination of immediate income, substantial land scale and redevelopment upside.
Key Features:
• Significant land holding: 1,306m²* (3 adjoining lots)
• High performing motel comprising 14 guest rooms, 3 bedroom manager's unit, reception and swimming pool
• Motel has undergone substantial recent renovations
• Prominent corner position with exceptional exposure and prime ocean view corridors for future redevelopment
• Zoned Medium Density Residential
• Opportunity for height uplift and increased density, positioned along the light rail corridor and supported by recent local planning precedents^
• Approximately 200 metres to Mermaid Beach beachfront and the highly coveted Albatross and Hedges Avenue's
• Walking distance to the vibrant Nobby Beach retail and dining precinct, and 'The Alfred'' - a forthcoming world class retail and dining destination for Mermaid Beach
• Walking distance to the Nobby Beach and Mermaid Beach South light rail stations
• Blue chip location -- Mermaid Beach median house price - $3,350,000**
For Sale via Expressions of Interest
Closing Tuesday, 10 March 2026 4pm (AEST)
For further information, please contact the Ray White Special Projects marketing agents
*Approximately
^Subject to Council Approval
**Realestate.com.au
Remember to mention you found this property on DevelopmentReady
Ray White Special Projects (QLD) is pleased to present one of Mermaid Beach's most tightly held and highly sought after beachside landholdings. Situated just metres from the beach and positioned along the light rail corridor, 41 - 45 Heron Avenue represents a rare combination of immediate income, substantial land scale and redevelopment upside.
Key Features:
• Significant land holding: 1,306m²* (3 adjoining lots)
• High performing motel comprising 14 guest rooms, 3 bedroom manager's unit, reception and swimming pool
• Motel has undergone substantial recent renovations
• Prominent corner position with exceptional exposure and prime ocean view corridors for future redevelopment
• Zoned Medium Density Residential
• Opportunity for height uplift and increased density, positioned along the light rail corridor and supported by recent local planning precedents^
• Approximately 200 metres to Mermaid Beach beachfront and the highly coveted Albatross and Hedges Avenue's
• Walking distance to the vibrant Nobby Beach retail and dining precinct, and 'The Alfred'' - a forthcoming world class retail and dining destination for Mermaid Beach
• Walking distance to the Nobby Beach and Mermaid Beach South light rail stations
• Blue chip location -- Mermaid Beach median house price - $3,350,000**
For Sale via Expressions of Interest
Closing Tuesday, 10 March 2026 4pm (AEST)
For further information, please contact the Ray White Special Projects marketing agents
*Approximately
^Subject to Council Approval
**Realestate.com.au
Remember to mention you found this property on DevelopmentReady
