1 & 2/61 Seagull Avenue, Mermaid Beach, QLD 4218 | House for sale | OnTheHouse
 
FOR SALE
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1 & 2/61 Seagull Avenue
Mermaid Beach QLD 4218

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 342m2
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Auction Time
Fri 23 Jan 2:00 pm
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Position. Potential. Prestige - Blue-Chip Opportunity 100m from the Beach

An exceptional opportunity in an exclusive beachside enclave, this prized 405m² parcel offers lucrative potential for developers, investors and lifestyle buyers alike. Poised a mere 100m from the beach and 250m from the vibrant Nobby Beach cuisine scene, it's also meters from the Gold Coast's most expensive streets Hedges Ave and Albatross Avenue. Treasured by one family for almost 25 years, we have clear instructions for this property to be sold, don't miss out.
Zoned Medium Density Residential with a 15m height limit and the larger 12.4m frontage, explore your options for a boutique apartment project, a luxurious multi-level home, high-end duplex or simply land bank for future return "STCA". While you explore your options, take advantage of the two well-presented strata titled 3-bed, 2-bath, 1-car single level apartments that currently grace this site. Tenanted, they deliver immediate combined income of $1,800 per week "$93,600 P/A"- with scope to increase - making this an enticing income-producing asset.
Tenants paying $900 each per week, current market value is estimated $1100-$1200 per week, the buyer has immediate scope to increase upon renewal of leases providing a possible $20,800-$31,200 per annum upside on the current return, with rents in the area showing no signs of slowing.
Situated in a sought-after setting, this location fuses laidback coastal living and convenience. Greet each day with a sunrise surf or beach stroll, followed by an organic breakfast at BSKT Café, only 400 metres away. Any time is a good time to sample the artisan shopping and dining at the lively Nobby Beach precinct. Local favourite, The Oxley, offers everything from gourmet groceries to authentic gelato, seafood feasts and international couture. Additionally, benefit from seamless connectivity, with ample public transport options and the future G-Link light rail, and the proximity to Pizzey Park, Miami Marketta and the Mermaid Beach dining strip. Pacific Fair and The Star Casino are 3.5km away, with frequent flyers sure to appreciate being only 15.5km from Gold Coast Airport (approx.).
Opportunities of this calibre are increasingly rare. Capitalise on the prime location, possibilities and lifestyle and secure your future in one of the Gold Coast's most desirable beachside communities. Inspect today!
Property Specifications:
•Lucrative opportunity for developers, investors or buyers craving coastal living in an outstanding location; 100m from the beach, 250m from the vibrant Nobby Beach lifestyle precinct
•405m2 block, larger 12.4m frontage, zoned Medium Density Residential
•Ideal site for boutique apartments, a high end duplex, luxurious multi-level home or land bank for future lucrative growth "STCA"
•Residential density (RD5): 15m height limit, 1 bedroom per 50 sqm, standard allowance: 9 bedrooms with possibility of up to 12 bedrooms if plans/designs meet compliance (STCA)
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Property Details for 1 & 2/61 Seagull Ave, Mermaid Beach

1 & 2/61 Seagull Ave, Mermaid Beach is a 6 bedroom, 4 bathroom House with 2 parking spaces. The property has a floor size of 342m2. The place is currently for sale with COASTAL °.

Building Type
House
Floor Size
342m2
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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 2.0% of total area. The population of Mermaid Beach in 2016 was 6533 people. By 2021 the population was 7329 showing a population growth of 12.2% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation.In 2021, 50.80% of the homes in Mermaid Beach were owner-occupied compared with 43.50% in 2016.

Mermaid Beach has 5,676 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 92.60% increase in median value, while Units have seen a 111.40% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Beach is $2,724,302 while the median value for Units is $1,094,696.
  • Houses have a median rent of $875 while Units have a median rent of $800.
There are currently 34 properties listed for sale, and 30 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 327 properties were sold in the past 12 months in Mermaid beach.

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Tolemy Stevens
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Gabe Kaddatz
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