FOR SALE
Auction

68 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 405m2
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Auction Time
Thu 30 Jan 10:00 am
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Beach Cottage in the heart of Mermaid Beach

Enhanced by a prime location and a wealth of untapped potential, this is the lucrative property opportunity you've been waiting for. Positioned under 300m from the Nobby Beach coastline and approx. 500m from its thriving village-style dining precinct, explore your options to capitalise on this 405m2 block with 12.4m frontage. Rent out the fresh and tidy 3-bed, 1-bath existing home, landbank for future prosperity, or knock down and rebuild your dream beachside abode - the choice is all yours!
Best of all, you'll benefit from a coveted lifestyle. When you're not making the most of the sand and surf almost on your doorstep, stroll to the eclectic array of Nobby Beach cafes, restaurants and bars, including the new local favourite, The Oxley, for dinner or drinks. Mermaid Beach and Miami eateries, parks and entertainment are also within walking distance plus you're within 3.5km of all the delights Broadbeach has to offer, including The Star and Pacific Fair. Like all things of value, an opportunity of this calibre won't last long. Don't delay, inspect today!
Property Overview:
• Enticing property opportunity under 300m from the Nobby Beach coastline
• 405m2 block with 12.4m* frontage in a prized location and with untapped potential
• Landbank, add it to your investment portfolio or knock down and rebuild your dream beachside abode
• Neat and tidy high-set home features three bedrooms, one bathroom and a multi-purpose area downstairs
• Fresh and airy kitchen and dining zone plus a living room opening onto a covered patio
• Double garage with drive-through accessibility
• Levelled and fenced front and rear yards with established greenery
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Property Details for 68 Petrel Ave, Mermaid Beach

68 Petrel Ave, Mermaid Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2. The place is currently for sale with Ray White Burleigh Group.

Building Type
House
Land Size
405m2

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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016.

Mermaid Beach has 5,639 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 73.00% increase in median value, while Units have seen a 104.88% increase. As at 31 December 2024:

  • The median value for Houses in Mermaid Beach is $2,471,640 while the median value for Units is $962,203.
  • Houses have a median rent of $850 while Units have a median rent of $775.
There are currently 51 properties listed for sale, and 25 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 285 properties were sold in the past 12 months in Mermaid beach.

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Daniel Donovan
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Conner Malan
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Ray White Burleigh Group
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