72-76 Petrel Avenue, Mermaid Beach, QLD 4218 | House for sale | OnTheHouse
 
FOR SALE
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72-76 Petrel Avenue
Mermaid Beach QLD 4218

Bedrooms: 14
Bathrooms: 7
Car spaces: 6
Land area: 1215m2
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Wed 14 Oct 11:00 am
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LANDMARK 1,215M² MERMAID BEACH HOLDING - BUILD, DEVELOP OR LANDBANK

Opportunities to secure land of this scale in Mermaid Beach are exceptionally rare. Opportunities to secure it moments from the beach, across three adjoining allotments with a prominent corner position and dual street frontage, are rarer still.
Welcome to 72-76 Petrel Avenue, Mermaid Beach - an extraordinary 1,215m² landholding comprising three adjoining 405m² allotments across four individual titles, presenting a once-in-a-lifetime opportunity to create something truly special in one of the Gold Coast's most tightly held beachside suburbs.
Whether your vision is to build an exceptional family residence on a scale rarely possible this close to the coastline, explore the site's development potential or secure a blue-chip landholding for generations to come, this is a property where the opportunity is as impressive as the location.
Occupying the prominent corner of Petrel Avenue and Surf Street, the combined holding provides approximately 39m of frontage to Petrel Avenue and 28.1m along Surf Street, creating outstanding street presence and a highly desirable dual-frontage position.
For those dreaming of creating the ultimate Mermaid Beach residence, the sheer scale of the holding opens the door to an entirely different level of coastal living. Rather than compromising on space to live close to the beach, 1,215m² provides the freedom to think bigger and create a home designed around your lifestyle. Morning walks along the coastline, coffee and dining at nearby Nobby Beach, afternoons by the pool and evenings entertaining at home could all form part of everyday life in this exceptional location.
For developers, investors and land bankers, the scale and position of the combined holding presents an equally compelling proposition. Positioned within the Medium Density Residential Zone with an RD5 residential density designation, the property offers significant future potential (STCA), enhanced by its corner position, four individual titles and extensive dual street frontage.
Existing residential improvements span all three properties, providing additional flexibility while future plans for the combined site are considered.
There is something increasingly difficult to replace in Mermaid Beach - land. The ability to acquire 1,215m² in one of the Gold Coast's most coveted beachside suburbs represents not only an opportunity for today, but a blue-chip landholding for the future.
Assembling a site of this scale across multiple titles in an established suburb such as Mermaid Beach can take years, if the opportunity presents itself at all. Here, four individual titles across three adjoining properties have already been brought together for sale, providing the rare ability to secure the entire holding in one transaction.
Mermaid Beach has long been regarded as one of the Gold Coast's most desirable coastal addresses, combining pristine beaches and tightly held residential streets with immediate access to some of the city's best lifestyle destinations.
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Property Details for 72-76 Petrel Ave, Mermaid Beach

72-76 Petrel Ave, Mermaid Beach is a 14 bedroom, 7 bathroom House with 6 parking spaces. The property has a land size of 1215m2. The place is currently for sale with COASTAL °.

Building Type
House
Land Size
1215m2
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About Mermaid Beach 4218

The size of Mermaid Beach is approximately 1.5 square kilometres. There are 5 parks, covering nearly 2.0% of the 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 5,854 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 42.91% increase in median value, while Units have seen a 69.68% increase. As at 31 August 2026:

  • The median value for Houses in Mermaid Beach is $3,025,246 while the median value for Units is $1,141,897.
  • Houses have a median rent of $1,500 while Units have a median rent of $850.
There are currently 77 properties listed for sale, and 37 properties listed for rent in Mermaid beach on OnTheHouse. According to Cotality's data, 268 properties were sold in the past 12 months in Mermaid beach.

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Larissa Martos
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Linda Covino & Deanne Marek
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