SOLD
Sold on 23 Jan 2024 for $810,000

5/53 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 543m2
Sold By
Larissa Martos
Professionals John Henderson Real Estate
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Property Details for 5/53 Petrel Ave, Mermaid Beach

5/53 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 543m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
76m2
Land Size
543m2
Local Government
Gold Coast City
Lot/Plan
5/SP152893

Last Listing description (March 2024)

Our investors have called time on this highly sought after beachside apartment, presenting a fortunate new owner the chance to enjoy the position and lifestyle on offer. Act now and be rewarded! All genuine offers will be considered prior to Auction! This is a fantastic opportunity to secure a truly unique and exciting townhouse style unit offering a refreshing change from what you would normally find on the beachside.

Positioned mere metres from the sand in the highly sought after 'Petrel Sands', a boutique beachside block of 8, this very rare 2 bedroom, 2 bathroom beach pad will not last long on the market! Boasting a sought after townhouse style, this lovely apartment oozes style with a relaxed beachside appeal.

Downstairs offers a spacious and inviting living and study area flowing out to the generous sized entertaining terrace which is sure to impress your friends and family. Upstairs features 2 bedrooms, the master with ensuite and enclosed balcony, modern kitchen and dining area. There is direct access to the apartment from your own lock up basement tandem garage, which is rare and offers added security.

It's no secret that Nobby's is hot and in high demand! Act quickly and you too can start living the enviable lifestyle Nobby Beach has to offer.

This highly prized location is continually evolving, renowned for its relaxed coastal lifestyle and ever growing and changing mix of trendy cafes, bars and restaurants. Enjoy daily strolls along the picturesque beaches, catch up with friends over a cool drink and meal at one of the many stylish bars and restaurants at your fingertips.

Make no mistake, our sellers have instructed us to submit ALL offers for consideration! Don't hesitate as other buyer's wont!

Features:
- Rare two storey townhouse style unit
- Boutique block of 8 units, set on 810m2 block
- 2 Bedrooms + study area
- Master bedroom with ensuite and walk in robe
- 2 Bathrooms, second bathroom with laundry and separate toilet
- Separate lounge and dining areas
- Modern kitchen with stainless steel appliances
- Spacious garden courtyard plus sunny balcony upstairs
- Tandem private lock up garage with internal access
- Lovely timber floors throughout living spaces
- Oversized floorplan
- Conventient location, short walk to the beach and Nobbys Beach precinct

- Body Corporate Levies: $89 per week (approx.)
- Council Rates: $2,700 per annum (approx.)
- Water Rates: $1,400 per annum (approx.)
- Rental Appraisal: $775-$825 per week

Auction Tuesday 23rd January 2024, 6:00pm, Mermaid Beach Bowls Club - Registrations from 5:30pm
Auction Conditions: $50,000 Deposit, 30 day Settlement

Take advantage of this opportunity today! An inspection of this property is a must to truly appreciate the opportunity on offer, but be quick as properties of this calibre rarely last! Contact Larissa Martos for a copy of the information pack.

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 5/53 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$810,000
23 Jan 2024
Listed for Rent
$750/w
10 Jan 2023
  • 23 Jan 2024
    Sold for $810,000
  • 20 Oct 2023
    Listed for Sale Preparing For Auction
  • 30 Dec 2022
    Listed for Rent $750 / 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 5,624 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.