SOLD
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Sold on 10 Apr 2024 for $906,000

8/80 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 8/80 Petrel Ave, Mermaid Beach

8/80 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Mermaid Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
8/BUP5917

Last Listing description (April 2024)

Welcome to 8/80 Petrel Avenue, Mermaid Beach - where modern elegance meets coastal convenience! This beautifully renovated 2-bedroom, 2-bathroom unit boasts a prime location just a short stroll away from the golden sands of the beach and the vibrant Nobby Beach dining & retail precinct.

Step inside to discover a bright and open plan living and kitchen area, adorned with stylish finishes and flooded with natural light. Bifold doors lead seamlessly to a private north facing balcony graced with skyline views, perfect for soaking up the sun or enjoying alfresco dining with friends and family.

Entertain with ease in the well-designed kitchen, equipped with stainless steel appliances and modern venetian rendered benchtops. The adjacent laundry provides plenty of cupboard space and doubles as a convenient butler's pantry.

The master bedroom serves as a serene sanctuary, boasting not only a walk-in robe and a luxurious ensuite but also its own private balcony. Meanwhile, the over-sized second bedroom offers a built-in robe, ensuring ample storage space for all your needs.

A separate study nook offers the ideal space for remote work or study sessions, alternatively this space can be used as a dining area.

The unit also features a stylish main bathroom, adorned with contemporary fixtures and fittings.

Features:
• Recently renovated 2-bedroom, 2-bathroom unit
• Open and light-filled living area
• Well-designed kitchen with venetian rendered benchtops & stainless steel appliances
• Laundry off kitchen with plenty of cupboard space
• Master bedroom with walk-in robe and ensuite
• Second bedroom with built-in robe
• Fans installed in bedrooms for added comfort & A/C to Master bedroom
• Separate study nook or dining area
• Stylish main bathroom with contemporary fixtures
• Two balconies offering outdoor living spaces
• Single lock-up garage for secure parking or storage
• Prime location just a short stroll to the beach and Nobby Beach precinct
• Entire building recently painted & restored including roof
• Currently tenanted until November 2024

With a single lock-up garage providing secure parking, this unit offers the perfect blend of comfort, convenience, and coastal lifestyle.

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.

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. * denotes approximate measurements.

Property History for 8/80 Petrel Ave, Mermaid Beach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$906,000
10 Apr 2024
Listed for Rent
$650/w
04 Nov 2021
  • 10 Apr 2024
    Sold for $906,000
  • 25 Mar 2024
    Listed for Sale Auction
  • 25 Oct 2021
    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 5,630 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 87.83% increase in median value, while Units have seen a 102.01% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Beach is $2,236,702 while the median value for Units is $973,473.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 29 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.

Suburb Insights for Mermaid Beach 4218

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Troy Fitzgerald
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Courtney Farrell
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Ray White Burleigh Group
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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.