SOLD
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Sold on 20 Jul 2024 for $1,305,000

10/108-112 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 10/108-112 Petrel Ave, Mermaid Beach

10/108-112 Petrel Ave, Mermaid Beach is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Apartment sold in Mermaid Beach in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
10/BUP5508

Last Listing description (July 2024)

Case Study:
Method of Sale: Auction (sold under the hammer)
OFI Attendees: 35

Online Enquiries: 30
Number of Written Offers: 2
Days on Market: 22
Views Online: 3,086

Conveniently located footsteps from the sand and surf and perfectly positioned in a boutique building of only 12 apartments in a three storey walk-up, on a triple beachside block, this recently refurbished, and light-filled apartment presents an exciting opportunity to enjoy a relaxed carefree lifestyle where the beach is your playground.

Whether you're seeking a low maintenance yet luxurious lock-and-leave or a beach residence that's made for entertaining, this property is designed to complement the desire for an unrivalled lifestyle. A truly unique offering, boasting a massive 81sqm private rooftop with panoramic views, capturing the best of ocean sunrises, hinterland sunsets and city lights all year round.

Fully enclosed sundrenched living area off the rooftop, complete with quality decking, floor to ceiling glass slider doors and an additional North facing balcony with storage shed. A well-equipped kitchenette with breakfast bench and built-in BBQ, perfect for entertaining friends and family.

The lower-level functional floor plan is designed with relaxed easy living in mind, with open plan living and dining areas flowing seamlessly to the generous East facing balcony, capturing beautiful sea breezes and offering fantastic indoor / outdoor flow. A renovated kitchen is positioned at the heart of the home with stone bench tops, electric cook top and an abundance of storage.

Two bedrooms on the ground level both with built-in robes and ceiling fans, one with a private balcony. Modern family bathroom with freestanding bathtub and separate toilet. Third bedroom located upstairs with renovated ensuite and dual balcony access.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, restaurants and bars, patrolled surfing beaches, Pacific Fair, Nobby's Precinct, public transport, local schools, sporting facilities, Burleigh Golf Course and the future light rail stage 3A development all only footsteps from your door.

Property Features:
• 3-bedroom, 2-bathroom, 1 car split level apartment over 263sqm internal and external floor space
• Boutique building of 12 apartments on a triple beachside block
• Recently refurbished and perfectly positioned less than 250m to world class beaches
• Top floor position, high ceilings throughout
• Expansive 81sqm private rooftop terrace with panoramic views of the hinterland, skyline views and ocean glimpses
• Sundrenched additional living area off the rooftop with quality decking, well-equipped kitchenette and North facing balcony
• Open plan living and dining areas with large East facing balcony, year-round sea breezes
• Modern kitchen with stone bench tops, electric cook top and an abundance of storage
• Two bedrooms downstairs both with built-in robes, one bedroom with private balcony
• Third bedroom upstairs with built-in robe, ensuite and dual balcony access
• Renovated family bathroom with freestanding bathtub and separate toilet
• Separate laundry
• Single car park space in secure basement
• Storage shed on top floor balcony
• Only a short stroll to world class patrolled beaches, cafes, restaurants, Nobby's Precinct and public transport

Property Specifics:
• Council Rates: $1,665.59* per half year
• Water Rates: $325.86*per quarter
• Body Corporate: $100.62* per week
• Rental Appraisal: $1,200 - $1,300* per week

*Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 10/108-112 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,305,000
20 Jul 2024
Listed for Rent
$1.00k/w
28 Feb 2022
  • 20 Jul 2024
    Sold for $1,305,000
  • 26 Jun 2024
    Listed for Sale Auction
  • 04 Jan 2022
    Listed for Rent - Price not available
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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 5,624 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 86.14% increase in median value, while Units have seen a 94.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Beach is $2,424,549 while the median value for Units is $910,639.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 38 properties listed for sale, and 36 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 277 properties were sold in the past 12 months in Mermaid beach.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.