OFF MARKET

11/108-112 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 572m2
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Property Details for 11/108-112 Petrel Ave, Mermaid Beach

11/108-112 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 572m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1983
Land Size
572m2
Local Government
Gold Coast City
Lot/Plan
11/BUP5508

Last Listing description (July 2022)

Wow - This one will make your heart race! So run, don't walk, to secure this rare penthouse style apartment in the highly sought after Nobby Beach position!!! Act now and be rewarded as this unique property will not last long! All genuine cash offers will be considered prior to Auction!

Set in a boutique block of only 12, this oversized two bedroom beachside apartment with a loft/study/third bedroom is something very unique and special.


This stunning residence set over two levels comes with all the bells and whistles including a gourmet European kitchen with stone benchtops, AEG stainless steel appliances, induction cooktop and wok, hybrid vinyl floors throughout living areas, carpeted bedrooms, modern bathrooms, a separate laundry and the main wow factor; a gigantic roof top terrace with an outdoor kitchen and entertaining area. You will feel nothing short of excitement when entering what should become your new home.

The almost 360 views from your very own North East facing private rooftop terrace are truly impressive - you will love entertaining your family and friends on those beautiful sunny days, watching the sunset behind the hinterland followed by the glittering lights of the Gold Coast skyline as dusk falls. This lovely beachside home is truly is an entertainer's delight. Whether it be fireworks on New Year's Eve or the upcoming Pacific Airshow taking flight in August, celebrate your new home with front row seats to the world's big events!

Immerse yourself in the relaxed coastal vibe and family friendly community feel with an eclectic mix of cafes, bars and restaurant options that ever popular Nobby Beach is renowned for. Begin your day with a coffee and breakfast at the Surf Club or one of the popular cafes nearby, followed by a leisurely stroll along the beautiful stretch of beach alongside the prestigious Hedges Avenue, just metres from home. Catch up with friends over a cool drink and meal at one of the many stylish bars and restaurants available to you at your fingertips - this is what the Nobby's lifestyle is all about!

This sought after precinct also offers close proximity to world class shopping at Pacific Fair, the newly refurbished Star Casino and the Broadbeach entertainment precinct, all within a few minutes' drive. Enjoy the convenience of close proximity to public transport options - once the proposed light rail is completed, you will never need your car, just your walking shoes and a GO card!

Features:
- Enormous private rooftop terrace with outdoor kitchen and both undercover and open living/entertaining areas
- 2 Bedrooms + study/loft/3rd bedroom
- 2 Bathrooms
- European gourmet kitchen with premium AEG stainless steel appliances, pyrolytic oven and induction stove top & wok
- Hybrid vinyl floors in living areas and carpeted bedrooms
- Set over 2 levels
- Separate laundry
- Boutique block of only 12 units on 1,214m2 land area
- Close to your choice of quality restaurants, cafes and bars of Nobby Beach
- Easy walk to the patrolled beach

- Body corporate fees: Approx. $70 per week
- Council rates: Approx. $2,300 per annum
- Water Rates: Approx. $1,400 per annum
- Rental income: Estimated at $1,000+ per week

Auction terms: Deposit - $100,000, Settlement - 30-45 days (Buyer's choice)

This property truly has the WOW factor and makes for an unbeatable lifestyle choice. An inspection will not disappoint, so contact Luke Henderson or Matt Maguire today to view this special property

Due to State Government Legislative requirements, to bid at auction photographic ID is required for registration. The deposit is due to be paid immediately after the fall of the hammer on auction day unless other prior arrangements have been made.

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 only.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 11/108-112 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,211,000
08 Jun 2022
Listed for Rent
$650/w
18 Mar 2016
  • 08 Jun 2022
    Sold for $1,211,000
  • 18 May 2022
    Listed for Sale AUCTION
  • 12 Feb 2016
    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.