10/108-112 Petrel Ave, Mermaid Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. While the property is not currently for sale or for rent, it was last sold in July 2024.
Case Study:
Method of Sale: Auction (sold under the hammer)
OFI Attendees: 35
Conveniently located footsteps from the sand and surf and perfectly positioned in a boutique building of only 12 apartments in a three storey walk-up, on a triple beachside block, this recently refurbished, and light-filled apartment presents an exciting opportunity to enjoy a relaxed carefree lifestyle where the beach is your playground.
Whether you're seeking a low maintenance yet luxurious lock-and-leave or a beach residence that's made for entertaining, this property is designed to complement the desire for an unrivalled lifestyle. A truly unique offering, boasting a massive 81sqm private rooftop with panoramic views, capturing the best of ocean sunrises, hinterland sunsets and city lights all year round.
Fully enclosed sundrenched living area off the rooftop, complete with quality decking, floor to ceiling glass slider doors and an additional North facing balcony with storage shed. A well-equipped kitchenette with breakfast bench and built-in BBQ, perfect for entertaining friends and family.
The lower-level functional floor plan is designed with relaxed easy living in mind, with open plan living and dining areas flowing seamlessly to the generous East facing balcony, capturing beautiful sea breezes and offering fantastic indoor / outdoor flow. A renovated kitchen is positioned at the heart of the home with stone bench tops, electric cook top and an abundance of storage.
Two bedrooms on the ground level both with built-in robes and ceiling fans, one with a private balcony. Modern family bathroom with freestanding bathtub and separate toilet. Third bedroom located upstairs with renovated ensuite and dual balcony access.
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, Pacific Fair, Nobby's Precinct, public transport, local schools, sporting facilities, Burleigh Golf Course and the future light rail stage 3A development all only footsteps from your door.
Property Features:
3-bedroom, 2-bathroom, 1 car split level apartment over 263sqm internal and external floor space
Boutique building of 12 apartments on a triple beachside block
Recently refurbished and perfectly positioned less than 250m to world class beaches
Top floor position, high ceilings throughout
Expansive 81sqm private rooftop terrace with panoramic views of the hinterland, skyline views and ocean glimpses
Sundrenched additional living area off the rooftop with quality decking, well-equipped kitchenette and North facing balcony
Open plan living and dining areas with large East facing balcony, year-round sea breezes
Modern kitchen with stone bench tops, electric cook top and an abundance of storage
Two bedrooms downstairs both with built-in robes, one bedroom with private balcony
Third bedroom upstairs with built-in robe, ensuite and dual balcony access
Renovated family bathroom with freestanding bathtub and separate toilet
Separate laundry
Single car park space in secure basement
Storage shed on top floor balcony
Only a short stroll to world class patrolled beaches, cafes, restaurants, Nobby's Precinct and public transport
Property Specifics:
Council Rates: $1,665.59* per half year
Water Rates: $325.86*per quarter
Body Corporate: $100.62* per week
Rental Appraisal: $1,200 - $1,300* 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.
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 5,870 properties. Over the last 5 years, Houses in Mermaid Beach have seen a 40.80% increase in median value, while Units have seen a 72.73% increase. As at 31 July 2026:
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