SOLD
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Sold on 10 Jan 2024 for $1,750,000

2/113 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 2/113 Petrel Ave, Mermaid Beach

2/113 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 January 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
2/SP312575

Last Listing description (January 2024)

Method of Sale: Auction
Days on Market: 28
Open Homes: 6

OFI Attendees: 16
Online Enquiries: 26
Views Online: 2,346 (REA & Domain)

Auction In Rooms, Wednesday 10th January at 11:00am. Level 1, 16 Queensland Avenue, Broadbeach.

This architecturally designed apartment presents a rare opportunity to embrace coastal living this summer and experience a lifestyle of supreme luxury, exclusivity, and convenience in the heart of Mermaid Beach.

Perfectly positioned in a boutique building of only three one per floor residences, this apartment captures an abundance of natural light and ocean sea breezes with design focus on space, light and privacy. Offering a blend of industrial chic and coastal beach side tranquillity and absolutely bursting with character, the home benefits from high concrete ceilings, select timber flooring and feature panelling.

The functional floor plate is designed with relaxed easy living in mind, with generous open plan living and dining areas that flow seamlessly to your private north facing balcony offering fantastic indoor and outdoor flow.

Spacious gourmet kitchen with sleek stone island bench, breakfast bar, 900 induction oven and cooktop and plenty of storage. Generously sized master suite with walk-in robe and ensuite, two additional bedrooms with built-ins, modern family bathroom and a separate home office.

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, Miami Marketta, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.

Property Features:
• Sundrenched full floor luxury apartment
• 3 bedrooms, 2 bathrooms, 1 secure carpark in basement
• Filled with natural light and sea breezes
• Designer kitchen with stone island bench, 900 appliances, breakfast bar
• Open plan living and dining spaces
• North facing balcony perfect for entertaining all year round
• Master suite with walk-in robe, ensuite and direct access to balcony
• Two additional bedrooms with built-in robes
• Modern family bathroom with freestanding bathtub, floor to ceiling tiles
• Separate home office
• Boutique building of only 3 full floor apartments
• Lift access, pet friendly
• Ducted air conditioning
• Footsteps to world class beaches
• Short stroll to Nobby's Beach Surf Club and Nobby's Precinct

Property Specifics:
• Council Rates: $1,379.64* half yearly
• Water Rates: $318.90* per quarter
• Body Corporate: $6,627.39* yearly
• Rental Appraisal: $1,400 - $1,500* 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 2/113 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,750,000
10 Jan 2024
Listed for Rent
15 Aug 2024
  • 21 Jun 2024
    Listed for Rent $1,400 / week
  • 10 Jan 2024
    Sold for $1,750,000
  • 13 Dec 2023
    Listed for Sale Auction In Rooms
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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 5,594 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 101.41% increase in median value, while Units have seen a 105.35% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Beach is $2,605,736 while the median value for Units is $973,758.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 39 properties listed for sale, and 33 properties listed for rent in Mermaid beach on OnTheHouse. According to CoreLogic's data, 268 properties were sold in the past 12 months in Mermaid beach.

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Guy Powell
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Josie Ross
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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.