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Sold on 21 Nov 2024 - Price Unavailable

1/85 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 132m2
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Property Details for 1/85 Petrel Ave, Mermaid Beach

1/85 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Floor Size
132m2

Last Listing description (November 2024)

Perfectly positioned minutes from family-friendly Nobby Beach and located just a short stroll from popular cafes, restaurants, bars, entertainment venues and the local surf club, this elevated, ground-floor, two-bedroom, two-bathroom apartment invites buyers seeking a well-considered, beautifully presented property in the heart of Mermaid Beach.

Impressively renovated with timber floors in the combined kitchen, living, dining, and both bedrooms, large-format tiles in the bathrooms, laundry, and balconies, light-reflecting neutral colours throughout paired with selective timber cabinetry, cleverly designed storage solutions, and large sliding barn doors in the laundry and ensuite, this home presents a perfect move-in-ready option for discerning buyers.

With two generous entertaining balconies, one off the living room at the front of the property and the second at the rear, this apartment supports the best of coastal living, offering two beautiful spaces to enjoy relaxed, al fresco-style dining with friends, with one being covered and the other partially covered and shaded by nearby mature trees.

Situated just minutes from the Gold Coast's stunning coastline, this well-positioned property supports an active, comfortable lifestyle. Whether it be an early morning surf or an afternoon yoga class, Mermaid Beach residents are spoiled for choice. You could also choose to stay in and enjoy an afternoon relaxing by the shared pool, reading a book or catching up with friends.

With Mermaid Beach Bowls Club just a short stroll away, you might prefer to get out and about, taking in an outdoor game, followed by dinner at the fabulous MexiCali Bar or breakfast at The Oxford in Nobby Beach.

A property of this nature will not be on the market long. Contact us today to secure this exceptionally presented and well-maintained apartment, in the ever-popular coastal suburb of Mermaid Beach.

Features include:

• Two bedrooms
• Two bathrooms (master with ensuite)
• Split system air conditioning and fans throughout
• Secure basement single-car space with overhead storage
• Two generous balconies, one covered, the other partially covered
• In a complex of 12 apartments
• Pool and outdoor entertaining area in complex
• Currently tenanted until January 2025, at $800 per week
• Low body corporate

230m to local bus stop, with routes both north and south
300m to Nobby Beach
550m to The Oxley 1823 Atrium
550m to MexiCali Bar Y Taqueria
650m to Nobby's Beach Surf Club
700m to BSKT café
900m to Woolworths, Mermaid Plaza
2km to Pizzey Park Sporting Fields and Miami Olympic Pool
4.6km to Bond University
3.5km to Pacific Fair Shopping Centre
15.4km to Gold Coast Airport

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Property History for 1/85 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
21 Nov 2024
Listed for Rent
$770/w
09 Jun 2023
  • 07 Nov 2024
    Sold for $975,000
  • 27 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 02 Jun 2023
    Listed for Rent $770 / week
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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 5,631 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 28.19% increase in median value, while Units have seen a 106.31% increase. As at 30 November 2024:

  • The median value for Houses in Mermaid Beach is $1,796,952 while the median value for Units is $967,390.
  • Houses have a median rent of $850 while Units have a median rent of $770.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 274 properties were sold in the past 12 months in Mermaid beach.

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