33/38-46 Petrel Avenue

Mermaid Beach QLD 4218

The beach beckons from this low maintenance one bedroom apartment on Mermaid Beach's doorstep. Positioned on the top floor of a three-storey walk up and flooded with natural light, this neat and tidy apartment is perfectly positioned in the most sought-after location, mere footsteps from Nobby's Precinct and world class beaches.

Located within the highly desirable 'Beaches on Wave' building which consists of 36 apartments on over 2,000sqm of prime beachside real estate, this residence is the perfect opportunity for the lucky buyer to make their own or a savvy investment opportunity to simple land bank and hold for the future.

The well-equipped kitchen benefits from electric cooking, dishwasher, breakfast bar, plenty of bench space and storage. Carpeted open plan living and dining spaces flow seamlessly to your private East facing balcony, the perfect space to relax and unwind of a morning or afternoon.

Generously sized bedroom with built-in robes and direct access to an additional private balcony. Large bathroom with bathtub and European style laundry. Secure carpark in basement.

Situated in the Gold Coast's most exclusive beachside pocket, promoting a relaxed carefree lifestyle in a location to love among popular cafes, parklands, restaurants and bars, patrolled surfing beaches, Miami Marketta, Nobby's Precinct, public transport, local schools, retail shops, sporting facilities, Burleigh Golf Course, and the future light rail stage 3A development all only footsteps from your door.

Property Features:
1 bedroom, 1 bathroom, 1 carpark apartment
Top floor position
Well-equipped kitchen with plenty of storage, breakfast bar, electric cooking and dishwasher
Open plan living and dining
East-facing private covered balcony
Master suite with built-in robes, private balcony and filled with natural light
Large family bathroom with bathtub
European style laundry
Secure carpark in underground basement
Gated complex of 36 apartments on a 2,023sqm beachside block
Complex facilities including large swimming pool, BBQ pavilion and outdoor entertaining area

Property Specifics:
Council Rates: $1,300.99* per half year
Water Rates: $352.09* per quarter
Rental Appraisal: Estimated rental income of $600 - $650 per week (Currently rented for $480 per week until 24th March 2025)
Body Corporate: $164.71* per week (subject to 20% discount) Plus Special Levy for exterior painting (See Disclosure Statement)
*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.